SYZ teams up with ACE to launch private equity offering
Swiss banking group SYZ has announced that it joined forces with private equity group ACE & Company to launch of a new private equity offering for its clients.
ACE & Company will present private equity investment opportunities to a SYZ ad hoc investment committee, which will assess them based on rigorous selection criteria. These products will then be offered to institutional or private clients of the SYZ Group.
“A modern private bank has to continuously meet the needs of its clients and offer them viable and high-performing solutions. Thanks to its high potential returns and low correlation with the main markets, private equity is an attractive asset class that has its place in diversified portfolios of sophisticated clients, but which requires specific expertise” said Eric Syz (pictured), CEO of SYZ.