Zurich-based Belvoir Capital has agreed to buy Sloan Asset Management in a bid to get easier access to the U.S. market. Sloan Asset Management specializes in the business with U.S. clients.
Belvoir Capital, an independent wealth manager, said it agreed to acquire Sloan Asset Management, which is also based in Zurich. Through the acquisition, Belvoir strengthens the business with U.S. clients and gains key knowledge about the world’s largest financial market.
Sloan Asset Management has had a registration with U.S. regulator SEC for more than a decade and is a licensed wealth manager for U.S. customers.
Founded by Alexandre Weintraub
The history of Belvoir Capital goes back to the year 1996, when Alexandre Weintraub founded Onyx Asset Management. Four years later, the former private banker renamed his company into IFP.
In 2014, IFP merged with BSZ and again was renamed. Weintraub became chairman of the newly formed Belvoir Capital. Steffen Bauke is its CEO. Bauke used to work for UBS private banking before joining BSZ.
Sloan to Retain Legal Status
Robert Sloan and Oliver Baumann together own Sloan Asset Management. The company is mainly working with U.S. and European clients. Belvoir will retain Sloan as an independent legal entity.
