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Laxman Pai, Opalesque Asia: Cambridge Associates (CA), a global investment firm, expanded its alternative investment capabilities with the acquisition of Zurich-based alternative investment specialist SIGLO Capital Advisors.
The deal, for an undisclosed amount, is expected to close in autumn 2024, said a press release from the provider of investment portfolio management and advisory services to institutional investors, including foundations and endowments, pensions, private clients, and corporate and government entities.
"The acquisition adds a highly complementary alternatives business to CA's existing private investment platform," it said.
Founded in 2010, SIGLO provides tailor-made solutions in alternative investments including insurance-linked securities (ILS), private credit, hedge funds, and impact investing primarily to pensions and other institutional and professional clients in Switzerland.
"Cambridge Associates and SIGLO share similar values, clients-first cultures, and deep commitments to delivering exceptional performance for client-specific goals and needs. This strategic move marks a significant milestone in our journey to bring a more holistic suite of alternative investment solutions to our clients, our partners, and our entire team," said Michael Knecht and Christoph Gort, co-founders of SIGLO.
With existing European offices in London and Munich, CA has served European pension, endowment, foundation, and private clients for nearly 40...................... To view our full article Click here
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