Cambridge Associates ‘excited’ to add ILS capabilities with acquisition of SIGLO Capital Advisors

SIGLO Capital Advisors AG, a Swiss based alternative asset advisory specialist with an insurance-linked securities (ILS) practice, has reached an agreement to be acquired by Cambridge Associates, a global investment firm.

Founded in 2010, SIGLO has around 40 asset management and advisory mandates on behalf of professional and institutional clients in Switzerland, and specialises in ILS, private debt, drawdown management, and impact investing.

The alternative asset advisory specialist is licensed and supervised by the Swiss Financial Market Supervisory Authority (FINMA), and its acquisition by Cambridge Associates is subject to authorisation from FINMA and expected to close in autumn of this year.

Cambridge Associates says that the acquisition of SIGLO adds a “highly complementary alternatives business” to its existing private investment platform.

Michael Knecht and Christoph Gort, co-founders of SIGLO, commented, “Cambridge Associates and SIGLO share similar values, clients-first cultures, and deep commitments to delivering exceptional performance for client specific goals and needs. 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.”

The takeover of SIGLO signals Cambridge Associates’ first location in Switzerland, building on its existing European offices in London and Munich, where it has served European pension, endowment, foundation, and private clients for almost four decades.

David Druley, CEO, Cambridge Associates, said, “Onboarding the entire SIGLO team and establishing CA’s presence in Switzerland will further strengthen our commitment to Swiss and DACH clients. Europe has long been a key market for the firm, and we are very excited about this next stage in our endeavor to provide excellent service to clients across the region.”

Following the transaction, SIGLO clients stand to benefit from an expanded investment offering across a broad range of asset classes.

“We continue to see strong demand in Europe for access to our portfolio management services and global investment network, especially regarding alternatives and private market allocations. We’re excited to bring our renowned research and investment capabilities to SIGLO’s clients and other investors in Switzerland and the broader region,” said Alex Koriath, Head of Cambridge Associates’ European Pension Practice and Munich office.

“We are also excited to add to CA’s investment and analytics capabilities, particularly in ILS, through the integration of SIGLO’s platform,” added Koriath.