Deals Of The Day: The Latest In Wealth Management M&A – Cambridge Associates, SIGLO

Editorial Staff

5 September 2024

Global investment firm has agreed to buy SIGLO Capital Advisors, an alternative investment house based in Zurich.

The transaction, which is subject to clearance from the Swiss Financial Market Supervisory Authority (FINMA), is expected to be completed in autumn 2024.

Cambridge Associates said the acquisition – the financial terms of which were not disclosed – adds a “highly complementary” alternatives business to its existing private investment platform.

Founded in 2010, SIGLO provides solutions in alternative investments including insurance-linked securities, private credit, hedge funds, and impact investing primarily to pensions and other institutional and professional clients in Switzerland.

This is the first time Cambridge Associates has had a Swiss location. It has offices in Boston; Arlington, Virginia; Beijing; Dallas; Hong Kong; London; Munich; New York; San Francisco; Singapore; and Sydney.

“Onboarding the entire SIGLO team and establishing CA’s presence in Switzerland will further strengthen our commitment to Swiss and DACH clients,” David Druley, CEO, Cambridge Associates, said.