Mon, Apr 23, 2018
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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its