An independent Swiss asset manager and a London-based fund manager are joining forces. The British firm specializes in Asian equities.
Geneva-based Quaero Capital and Tiburon Partners will combine their businesses, the Swiss firm said in a statement today.
Together they will manage more than $2.3 billion in assets under the Quaero brand. The deal is subject to approval of Switzerland’s Finma and the U.K.’s FCA, the two countries’ banking regulators.
Prominent Bankers
Quaero Capital was founded in 2005 as an independent asset manager and today also has offices in Zurich, Paris, London, with some well-known bankers. Serge Ledermann is a member of the board and CEO Jean Keller has a past at Bank Syz and Lombard Odier. Quaero has 53 members of staff, with 29 investments specialists.
The company will now expand its presence in the U.K. and add the Asia expertise available at Tiburon. The U.K. firm’s speciality are Japanese and Asian stocks in general. The company is owned by its senior employees and has $900 million in assets under management.
