The appointee is leading a business that will focus totally on private equity.

Syz Group has said that its alternative investments business, Syz Capital, has a new CEO, David Weintraub (pictured below). His appointment is subject to approval by the Swiss Financial Market Supervisory Authority, aka FINMA.

David Weintraub

Weintraub is joining from KIRKBI, the private investment holding company behind the LEGO Group, where he served as investment director. Christoph Raninger, who had led Syz Capital during a transition phase, will continue as group chief financial officer.

Geneva-headquartered Syz Group said its alternatives investment business will concentrate entirely on private equity through two strategies: direct investments in European small and mid-market B2B businesses, and its primary private equity programme, which provides investors with access to a diversified portfolio of high-quality private equity opportunities through specialist managers.

Syz Group said the Legal Assets business will separate from the group through a management buyout led by its founder, Olivier Maurice, and operate independently as Hykra Capital SA. Maurice and the team will move to the new company, ensuring continuity in the management of the existing investment strategies while maintaining close collaboration with Syz Group.