Ad hoc announcement pursuant to Art. 53 KR
Patrimonium Asset Management AG (“Patrimonium”), the Swiss private markets manager acting as fund management company for the listed Patrimonium Swiss Real Estate Fund (“PSREF”), changes its shareholder structure at the beginning of August 2022 with the exit of co-founder Stéphane Bonvin. His share package is taken over by co-founders Christoph Syz and Daniel Heine. They all founded the company in 2007. The parties have agreed not to disclose the sale price
This decision completes the separation between the shareholders of two important players in the Swiss real estate market.
Stéphane Bonvin is CEO and majority shareholder of Investis Group, which has also been listed on the SIX Swiss Exchange since June 2016. Founded in 1994, the Investis Group is a leading real estate company in the Lake Geneva region and a leading national provider of real estate services.
Patrimonium Asset Management AG, headquartered in Baar and with offices in Lausanne/Crissier and Zurich, manages assets of CHF 4 billion (as of 30.06.2022), of which CHF 2.9 billion in real estate and CHF 1.1 billion in the other private markets of private debt, infrastructure and private equity.
Christoph Syz: “We founded Patrimonium Asset Management together with Stéphane Bonvin 15 years ago, and look back on a very constructive and successful collaboration. Since Stéphane has not been operationally active at Patrimonium for several years, the purchase of his share package by me and Daniel is the logical step. We will continue the good cooperation between our two groups and thank Stéphane for the joint success in building Patrimonium to date.”
Stéphane Bonvin says: “The creation of Patrimonium allowed me to enter the institutional real estate business. From this success and from the experience gained, I was also able to decisively drive the Investis Group forward and also list it over six years ago. I would also like to thank my colleagues for the excellent cooperation”.
Mr Bonvin is also leaving Patrimonium’s Board of Directors.
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Patrimonium Asset Management AG
Patrimonium Asset Management AG (“Patrimonium”) is a fund management company authorised by the Swiss Financial Market Supervisory Authority (FINMA) and specialised in private markets. Patrimonium offers qualified and professional investors investment opportunities in real estate, private debt, private equity and infrastructure. Patrimonium manages CHF 4 billion in assets with 70 professionals in Lausanne, Zurich and Zug. Your Partner in Private Markets
Patrimonium Swiss Real Estate Fund
The Patrimonium Swiss Real Estate Fund (“PSREF”), listed on the SIX Swiss Exchange, is a contractual real estate fund under Swiss law in accordance with the Federal Act on Collective Investment Schemes of 23 June 2006. The fund has been approved by the Swiss Financial Market Supervisory Authority FINMA. The fund management company is Patrimonium Asset Management AG, Baar; the custodian bank and paying agent is Banque Cantonale Vaudoise, Lausanne. The fund contract, the prospectus, the simplified prospectus and the latest annual report are available free of charge on request from the fund management company and the fund distributor(s).
Disclaimer: The information provided in this document is for marketing purposes. The information in this document is provided for information purposes only and does not constitute investment advice. The opinions and estimates contained in this document are subject to change and reflect the views of Patrimonium Asset Management AG. The value and yield of the units may fall and rise. They are influenced by market volatility as well as exchange rate fluctuations. Patrimonium Asset Management AG accepts no liability for any losses. Past performance is not an indicator of current or future performance. The value and yield development does not take into account any costs incurred in the purchase, repurchase or capital increase.