Global investment firm Cambridge Associates has announced an agreement to acquire SIGLO Capital Advisors, a Zurich-based alternative investment specialist.
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.
Completion of the deal also provides Cambridge Associates with its 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, CEO, 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.”
“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,” added 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.”
The transaction is subject to authorization from the Swiss Financial Market Supervisory Authority (FINMA) and is expected to be completed in autumn 2024.
