Sun, Nov 29, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Merger between Clariden Leu and Credit Suisse is done

Monday, April 02, 2012

By Benedicte Gravrand, Opalesque Geneva: In November 2011, Credit Suisse Group AG announced its intent to integrate its subsidiary Clariden Leu, a Swiss private bank, fully into Credit Suisse.

Credit Suisse AG, a financial services provider, is part of the Credit Suisse group of companies, which offer private banking, investment banking and asset management.

The legal merger between Clariden Leu AG and Credit Suisse AG is now completed, as of 2nd April, 2012. Credit Suisse has acquired all of of Clariden Leu's assets and liabilities and is assuming all of its rights and obligations. The technical side of the integration will be done by the end of the year. Clariden Leu Holding AG is now part of Credit Suisse Group AG.

Clariden Leu, a private bank established in Zurich in 1755, also runs fixed income, equities and commodities funds as well as funds of hedge funds (the latest being a UCITS fund of hedge funds launched in 2010).

The firm also manages several and Insura......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November