Thu, Jun 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

TAGES Capital Expands into Germany and Austria through Strategic Partnership with Gauly Dittrich van de Weyer

Thursday, March 13, 2014
Opalesque Industry Update - TAGES Capital, a fast-growing provider of alternative multi-manager investment solutions with over $3bn of assets under management and Frankfurt-based Gauly Dittrich van de Weyer Asset Management today announce the signing of a strategic partnership.

Under the terms of the agreement, Gauly Dittrich van de Weyer Asset Management will distribute TAGES’ investment solutions and products in Germany and Austria. In addition, Gauly Dittrich van de Weyer Asset Management and TAGES Capital will cooperate on an exclusive basis to launch a multi-asset product outside of Germany and Austria.

Founded in 2011, TAGES Capital specialises in providing customised alternative fund of fund investment solutions for institutional clients who currently account for the majority of assets under management. TAGES Capital has grown its assets at an impressive rate in its first two years of operation and has already established strategic distribution agreements in Italy and most recently in France, through a recent strategic partnership with La Française announced last month.

Gauly Dittrich van de Weyer Asset Management was founded in 2012 in Frankfurt, by two former Lazard veterans with deep international experience in portfolio management who were responsible for managing approximately €10bn, including multi-asset and balanced funds.

Gauly Dittrich van de Weyer Asset Management specialises in asset allocation and investment solutions aimed at both institutional and private investors and offers multi-asset strategies and products.

Markus van de Weyer, Managing Director of Gauly Dittrich van de Weyer Asset Management GmbH and Partner of Gauly Dittrich van de Weyer AG, said: “We are delighted to announce this partnership with TAGES Capital, whose success and rapid growth story, like ours, is based on its strong capabilities to provide clients with bespoke solutions and highly customised strategies – particularly for institutional clients. We are excited about the prospect of working together and are naturally pleased to have reached another milestone in expanding our own product lines through the partnership.”

Salvatore Cordaro, founder and Chief Investment Officer of TAGES Capital, said: “We are enthusiastic about this alliance with Gauly Dittrich van de Weyer Asset Management. Their skills and strong track record in asset allocation and multi-asset strategies complement TAGES’ existing offering for our institutional client base. Furthermore, we are confident their prominence in the German market would help us expand our geographic presence in Europe and marks the next step on our exciting journey.”

PD

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.