Fleming Family & Partners, an international multi-family office and manager of absolute return UCITS funds, has bought a Zurich-based wealth management business which serves high net worth individuals.
The acquisition was made through FF&P Suisse. Zurich-based Gebhard, Corrodi and Partners has assets under management of around $1.18 billion and the acquisition will increase the assets and client base of FF&P Suisse.
Rolf Steimer, chief executive of FF&P Suisse, says: The combination of GCPs business with FF&P will more than double our presence in Switzerland and establishes FF&P as a major independent wealth manager in Zurich.
Directors Urs Gebhard and Christoph