Key Takeaways
- • Cambridge Associates is acquiring Zurich-based alternative investment firm SIGLO Capital Advisors, according to a September 3, 2024 company statement, to expand its research and investment capabilities in Europe.
- • SIGLO manages around US$2.5 billion in assets and provides insurance-linked securities and private credit solutions to institutional and professional investors in Switzerland.
- • The purchase price was not disclosed, and completion is expected this autumn, subject to approval from the Swiss Financial Market Supervisor Authority (FINMA).
- • Cambridge Associates, headquartered in Boston, reports approximately US$548 billion in assets under advisement and US$67 billion in assets under management.
Summary
Boston-based investment advisory firm Cambridge Associates is buying SIGLO Capital Advisors, a Zurich-based provider of alternative investment solutions, the US company said in a statement on September 3, 2024. The move is intended to expand Cambridge Associates' research and investment capabilities in Europe.
SIGLO serves institutional and professional investors in Switzerland with alternative strategies, including insurance-linked securities and private credit. The firm has around US$2.5 billion in assets. According to Cambridge Associates, the acquisition "adds a highly complementary alternatives business" to its private investment platform.
The transaction price was not disclosed. The deal is expected to close this autumn, subject to approval from the Swiss Financial Market Supervisor Authority.
Alex Koriath, head of European pension practice at Cambridge Associates, said the firm is "excited to bring our renowned research and investment capabilities to SIGLO's clients and other investors in Switzerland and the broader region."
Cambridge Associates has around US$548 billion in assets under advisement and US$67 billion in assets under management.
SIGLO serves institutional and professional investors in Switzerland with alternative strategies, including insurance-linked securities and private credit. The firm has around US$2.5 billion in assets. According to Cambridge Associates, the acquisition "adds a highly complementary alternatives business" to its private investment platform.
The transaction price was not disclosed. The deal is expected to close this autumn, subject to approval from the Swiss Financial Market Supervisor Authority.
Alex Koriath, head of European pension practice at Cambridge Associates, said the firm is "excited to bring our renowned research and investment capabilities to SIGLO's clients and other investors in Switzerland and the broader region."
Cambridge Associates has around US$548 billion in assets under advisement and US$67 billion in assets under management.
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