Independent private bank Cité Gestion SA ("Cité Gestion") merged with multi-family office Sartus Capital (Genève) SA ("Sartus Capital") expending its total asset under management around CHF 7 billion.
The CMS Switzerland team led by Geneva partners Vaïk Müller (co-head of Banking/Finance) and Pascal Favre (Head of Corporate/M&A) advised Cité Gestion on M&A and contractual aspects of the underlying investment transactions.
Geneva-based Sartus Capital was founded in 2016 and acquired by its management in 2021. Cité Gestion was founded in 2009 as an independent asset manager before being authorized as a bank by the Swiss Financial Market Supervisory Authority FINMA in 2022. Following this merger, Cité Gestion’s total assets under management will reach around CHF 7 billion. The combined entity employs about 100 people at in Geneva, Lausanne, Zurich, and Lugano.
