SYZ extends its investment offering to private equity by partnering with the global private equity group ACE & Company
(Thomson Reuters ONE) -
Banque SYZ SA /
SYZ extends its investment offering to private equity by partnering with the
global private equity group ACE & Company
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Geneva, 14 October 2015 - In order to respond to changes in the needs of its
private and institutional clients, the Swiss banking group SYZ is extending its
range of available asset classes by offering investments in private equity to
its clients, in partnership with the global private equity group ACE & Company,
which will identify and manage these investments.
In the current environment marked by very low interest rates - or even negative
in the case of the Swiss franc - and high equity volatility, SYZ already offers
investors a series of high-added value investment solutions that are generally
less correlated with conventional markets, such as multi-asset strategies,
absolute return, credit and multi-management products. To extend the range of
solutions offered, SYZ has entered into a partnership with ACE & Company, a
recognised global private equity group. "A modern private bank has to
continuously meet the needs of its clients and offer them viable and high-
performing solutions. Thanks to its high potential returns and low correlation
with the main markets, private equity is an attractive asset class that has its
place in diversified portfolios of sophisticated clients, but which requires
specific expertise." said Eric Syz, CEO of SYZ.
ACE & Company will present private equity investment opportunities to a SYZ ad
hoc investment committee, which will assess them based on rigorous selection
criteria. These products will then be offered to institutional or private
clients of the SYZ Group.
Founded in 2005, ACE & Company is a global private equity group specialised in
co-investments with 32 employees in 5 offices worldwide. The group is able to
invest across the entire range of private equity investments, from business
angel to buyout, including growth capital and special situations.
Commenting on the new partnership with Swiss banking group SYZ, Adam Said, CEO
and founder of ACE & Company, said: "We are delighted to collaborate with SYZ
thanks to the in-depth knowledge of the companies and deals we invest in. We
will be advising our partners and investors in what we know best, collaborating
with them and aligning the interests of different stakeholders."
For further information please contact:
For SYZ
Moreno Volpi
Tel.: +41 (0)58 799 16 98
E-mail: moreno.volpi(at)syzgroup.com
For ACE & Company
Laura de Pontbriand, Burson-Marsteller
Tel: +41 (0)22 593 69 28
E-mail: laura.depontbriand(at)bm.com
About SYZ
Founded in 1996 in Geneva, Swiss banking group SYZ focuses exclusively on asset
management via two complementary pillars: high-end private banking and asset
management. SYZ employs 580 staff and has CHF 40 billion (EUR 37 billion) in
assets under management. Headquartered in Geneva, the Group also has offices in
Zurich, Lugano, Locarno, London, Edinburgh, Luxembourg, Brussels, Paris, Milan,
Reggio Emilia, Bologna, Madrid, Barcelona, Bilbao, Saragossa, Dubai, Miami,
Nassau, Johannesburg and Hong Kong.
www.syzgroup.com
About ACE & Company
ACE & Company, founded in 2005, is a global private equity group specialized in
co-investments. By combining in-house team capabilities with those of its
partners, ACE is able to source and execute superior investments. The company
allocates across the spectrum of private markets, leading or participating in
early to late stage equity opportunities.
www.aceandcompany.com
SYZ illustration:
http://hugin.info/166509/R/1958719/713788.jpg
Press release - English:
http://hugin.info/166509/R/1958719/713785.pdf
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Source: Banque SYZ SA via GlobeNewswire
[HUG#1958719]
Unternehmensinformation / Kurzprofil:
Datum: 14.10.2015 - 10:04 Uhr
Sprache: Deutsch
News-ID 426730
Anzahl Zeichen: 4861
contact information:
Town:
Genève 11
Kategorie:
Business News
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