Key Takeaways
- • Notz Stucki, a Geneva-based independent asset manager with CHF 10 billion under management, has acquired JAM Research, a hedge fund advisory firm specializing in multi-strategy portfolio construction for high-net-worth clients.
- • JAM Research, founded in 2002 by Alexis Sautereau, brings over two decades of alternative investment expertise and will operate as an integrated unit within Notz Stucki beginning January 2020, focusing on client management and alternative manager selection.
- • The acquisition reflects Notz Stucki's strategic positioning to consolidate the Swiss independent asset management industry, leveraging complementary capabilities in alternative investment analysis and operational infrastructure to drive organic growth.
- • Alexis Sautereau, JAM Research's founder, brings substantial credentials including prior executive roles at Unigestion and experience across options trading, technology consulting, and corporate finance before establishing JAM Research.
Summary
Notz Stucki has completed the acquisition of JAM Research, a Geneva-based alternative management company that provides hedge fund investment services to wealthy private clients. The transaction represents a strategic move by the larger independent asset manager to consolidate capabilities within Switzerland's alternative investment sector.
JAM Research, founded in 2002 by Alexis Sautereau, specializes in the analysis and selection of hedge funds with the objective of constructing multi-strategy portfolios designed to generate consistent absolute returns. The firm has developed a discrete client base among high-net-worth investors seeking sophisticated alternative investment exposure. Sautereau, who previously served as executive director at Unigestion—a leading European alternative manager—brings over 20 years of financial sector experience spanning options and equities trading, technology consulting, and corporate finance.
Under the acquisition terms, JAM Research will be operationally integrated into Notz Stucki effective January 2020. The combined entity will maintain JAM Research's focus on client relationship management and manager selection while leveraging Notz Stucki's operational infrastructure. According to Damiano Paternó Castello, the rapid execution of this deal was facilitated by substantial operational and strategic overlap between the two firms. Sautereau emphasized that the partnership enables JAM Research to concentrate on core competencies—delivering personalized client service and capital-preservation-focused portfolio management—while delegating operational functions to Notz Stucki's established platform.
Notz Stucki, which manages CHF 10 billion in assets, has explicitly signaled its intention to serve as a consolidator within Switzerland's independent asset management industry. The firm intends to pursue growth through both attracting established management teams and acquiring existing businesses. This acquisition of JAM Research exemplifies this consolidation strategy, combining two complementary players in the alternative investment space to create enhanced capabilities in hedge fund analysis, manager selection, and client service delivery.
JAM Research, founded in 2002 by Alexis Sautereau, specializes in the analysis and selection of hedge funds with the objective of constructing multi-strategy portfolios designed to generate consistent absolute returns. The firm has developed a discrete client base among high-net-worth investors seeking sophisticated alternative investment exposure. Sautereau, who previously served as executive director at Unigestion—a leading European alternative manager—brings over 20 years of financial sector experience spanning options and equities trading, technology consulting, and corporate finance.
Under the acquisition terms, JAM Research will be operationally integrated into Notz Stucki effective January 2020. The combined entity will maintain JAM Research's focus on client relationship management and manager selection while leveraging Notz Stucki's operational infrastructure. According to Damiano Paternó Castello, the rapid execution of this deal was facilitated by substantial operational and strategic overlap between the two firms. Sautereau emphasized that the partnership enables JAM Research to concentrate on core competencies—delivering personalized client service and capital-preservation-focused portfolio management—while delegating operational functions to Notz Stucki's established platform.
Notz Stucki, which manages CHF 10 billion in assets, has explicitly signaled its intention to serve as a consolidator within Switzerland's independent asset management industry. The firm intends to pursue growth through both attracting established management teams and acquiring existing businesses. This acquisition of JAM Research exemplifies this consolidation strategy, combining two complementary players in the alternative investment space to create enhanced capabilities in hedge fund analysis, manager selection, and client service delivery.
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