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Credit Suisse announces the closing of the transfer of its third party investment fund platform Credit Suisse InvestLab to Allfunds

Credit Suisse has successfully closed the transfer of Credit Suisse InvestLab to Allfunds Group as announced on June 25, 2019.

This closing marks the first step of the combination of Credit Suisse’ open architecture B2B investment fund platform with Allfunds Group and includes the transfer of the legal entity Credit Suisse InvestLab AG, related employees and service agreements. Subsequent transfer of the related distribution agreements by Credit Suisse is expected to be completed in Q1 2020.

Credit Suisse International acted as financial advisor to Credit Suisse in connection with the transaction.