19 September 2019 I Deals and Cases

Bär & Karrer Advised Colombo Wealth on the Reorganisation of its Structure and Obtaining FINMA's approval

Colombo Wealth SA (previously Colombo Wealth Management SA, Heron Holding SA and Heron Asset Management SA), a financial service provider in the canton Ticino for institutional and private HNWI clients, is the first FINMA licensed asset manager of collective investment schemes with presence in all three main language areas in Switzerland, with headquarter in Lugano and branches in Zurich and Geneva. After obtaining the relevant authorisations from FINMA, Colombo Wealth (previously Heron Asset Management) successfully completed the mergers with Colombo Wealth Management and Heron Holding.

Bär & Karrer acted as legal advisor in connection with the corporate and regulatory framework applicable to the reorganisation of Colombo Wealth. In this context, Bär & Karrer assisted and represented Colombo Wealth during the approval process with FINMA and the corporate restructuring steps. The team included Paolo Bottini, Edoardo Buzzi and Paolo Ader (all Regulatory and M&A/Corporate), as well as Massimo Vanotti and Rocco Rigozzi (both Notarial Services).