Swiss wealth manager Vontobel Group has successfully completed the acquisition of a 56% stake in Harcourt Investment Consulting from the Dutch firm NIBCapital, which it announced on December 15, 2005.
Vontobel has confirmed that it has successfully completed the acquisition of a 56% stake in Harcourt Investment Consulting from the Dutch firm NIBCapital. Financial details of the transactions were not disclosed.
Harcourt is an internationally established supplier of hedge fund products for institutional investors in particular. Vontobel’s majority stake in Harcourt underscores its positioning as an active asset manager and will help it to substantially increase its innovative offering of alternative investment products − an area that is constantly growing in importance, the Swiss firm says.