- C-Quadrat continues to pursue its strategy of internationalisation and is set to expand into France
- C-Quadrat will hold a 51% stake in France’s Advenis Investment Managers
C-QUADRAT Investment AG (ISIN AT0000613005) continues to pursue its strategy of internationalisation and is set to expand into France. It will acquire a 51 per cent stake in Advenis Investment Managers, which is seated in Paris. This company’s existing shareholders, Advenis S.A., will retain a 49 per cent interest.
“With this acquisition, we plan to push forward with the continuous growth of C-Quadrat’s core business while also diversifying at a regional level. We are delighted to have found in Advenis an experienced partner that is familiar with the French market and has an excellent track record,” says C-Quadrat management board member Carlos Mendez de Vigo.
With a volume of around EUR 3.5 trillion, the French market is Europe’s third-largest. In addition to Advenis products, C-Quadrat also plans to market its own funds in France. Conversely, Advenis’ European equity products will be offered in C-Quadrat’s established markets.
With locations in London and Frankfurt and the expansion to Paris, C-Quadrat is represented in all of Europe’s key financial centres. “This step brings us closer to our goal of becoming one of the leading European asset managers,” remarks Mendez de Vigo.
About Advenis Investment Managers
Advenis Investment Managers was established in 1997 as a subsidiary of the Advenis Group in Paris. The company establishes and manages innovative investment funds and real estate funds for institutional and private investors. Private customers are also offered individual portfolio management services. Advenis Investment Managers can rely upon the solid expertise of over 30 employees, including 16 portfolio managers with an average of 12 years of experience.
Andreas Wimmer
Member of the board
C-Quadrat Investment Group
Schottenfeldgasse 20
1070 Wien, Austria
