Swiss impact investing firms join forces to create new entity

On the 12/03/20 at 2:57PM


Tuba Raqshan

Asteria Investment Managers, the recently launched impact investing firm by Reyl and Cie ties up with Swiss impact private asset manager Obviam AG to create a prominent player within the impact investing ecosystem.

Asteria Obviam, the new entity, will reinforce itself as an intentional impact investing player, favouring environmental and social progress strategies. The company, which blends Asteria’s liquid markets and private debt focus with Obviam’s track record with public development finance institutions (such as SIFEM from Swiss Confederation), will be a unique impact investment group, with over CHF 1bn AuM, with more than 50 professionals.

The new entity will also generate cross-benefits from its consolidated distribution network and technology platform, using Big Data and Machine Learning. The senior management teams of Asteria and Obviam, led by Katia Coudray as CEO, will become significant shareholders in the new entity.

This new entity is reinforcing the Swiss Financial Place for Sustainable Investing, allowing to build bridges between the various impact segments and to intensify the collaboration within public and private sector around sustainability, said Katia Coudray, CEO of Asteria Investment Managers. Meanwhile, the Obviam team, led by its founder Claude Barras and located in Bern, will be maintained without disruption.

Reyl had recently announced a strategic partnership with Fideuram – Intesa Sanpaolo Private Banking, for expanded distribution capabilities.