Asset Management
Switzerland's Bellecapital Grows Through Acquisition
This publication brings latest news on M&A activity in wealth and asset management.
Switzerland-based Bellecapital has acquired GL Funds, a firm
operating in the area of “non-traditional” investment solutions,
after having received regulatory clearance.
As part of the transaction, GL Funds’ name will be changed to
Bellecapital Partners, the Zurich-headquartered firm said in a
statement today.
The financial size of the transaction was not disclosed.
The founders of GL Funds, Martin Gehring and Roland Leutwiler,
will continue to be at the firm’s disposal on an advisory
basis.
“GL Funds brings excellent talent and clients to Bellecapital and
allows expansion into new business lines and client areas. We are
well positioned to create and offer a platform for talented
investment teams due to our institutional infrastructure and
regulatory licences in Europe, US and Switzerland,” said Mark
Eberle, co-founder of Bellecapital Holding.
