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MBO of Hauck & Aufhäuser CH

  • In 2019, Hauck & Aufhäuser Privatbankiers AG, Frankfurt, a 99% subsidiary of the Chinese FOSUN conglomerate, outsourced its asset management activities to a newly founded company operating under the name H&A Global Investment Management GmbH ("HAGIM").
  • The focus of HAGIM was no longer compatible with the primary business purpose of its Swiss subsidiary Hauck & Aufhäuser (Schweiz) AG ("HACH"), which focuses on Ethically Sustainable Investments as well as the resulting independent portfolio management.
  • The management and employees took over HACH by means of an MBO and renamed it Arete Ethik Invest AG.
  • CFM acted as M&A advisor to HACH in this transaction.