Global investment firm Cambridge Associates is acquiring SIGLO Capital Advisors, a Zurich-based alternative investment specialist, in a move that will add a “highly complementary alternatives business” to Cambridge Associates’ existing private investment platform, the firm stated.
The transaction is subject to authorisation from the Swiss Financial Market Supervisory Authority (FINMA) and is expected to be completed in autumn 2024.
“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, Cambridge Associates has served European pension, endowment, foundation, and private clients for nearly 40 years. This will be the firm’s first location in Switzerland.
“Onboarding the entire SIGLO team and establishing CA’s presence in Switzerland will further strengthen our commitment to Swiss and DACH clients,” said David Druley, chief executive officer of Cambridge Associates.
“Europe has long been a key market for the firm, and we are very excited about this next stage in our endeavour to provide excellent service to clients across the region,” he added.
Supported by Cambridge Associates’ network of managers, SIGLO clients will benefit from an expanded investment offering across a broad range of asset classes.
“We continue to see strong demand in Europe for access to our portfolio management services and global investment network, especially regarding alternatives and private market allocations. We’re excited to bring our renowned research and investment capabilities to SIGLO’s clients and other investors in Switzerland and the broader region,” said Alex Koriath, head of Cambridge Associates’ European pension practice and Munich office.
“We are also excited to add to CA’s investment and analytics capabilities, particularly in ILS, through the integration of SIGLO’s platform,” he noted.
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