Cambridge Associates acquires Swiss alts manager

Investment firm Cambridge Associates has agreed to acquire Zurich-based alternative investment specialist SIGLO Capital Advisors.

The deal, for an undisclosed amount, is expected to close in autumn 2024.

Founded in 2010, SIGLO provides alternative investments, including private credit, hedge funds, insurance-linked securities and impact investing to pensions and other institutions, as well as professional clients in Switzerland.

SIGLO’s acquisition will mean Cambridge Associates’ expansion into Switzerland, adding to existing European offices in London and Munich.

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“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.

“Onboarding the entire SIGLO team and establishing CA’s presence in Switzerland will further strengthen our commitment to Swiss and DACH clients,” added David Druley, chief executive of Cambridge Associates.

Headquartered in Boston, Cambridge Associates has 11 offices in total.

“We continue to see strong demand in Europe for our portfolio management services as well as our global research and due diligence network, particularly in the private markets space,” said Alex Koriath, head of the European pension practice and the Munich office of Cambridge Associates. “We look forward to offering our global investment expertise to SIGLO clients and other investors in Switzerland and the region through a FINMA-regulated Zurich office with a strong local team.”

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