Corporate Info Press Release

Press Release

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

Credit Suisse has successfully closed the second and final step of the combination of its open architecture B2B investment fund platform Credit Suisse InvestLab AG with Allfunds Group as announced on June 25, 2019.

Following the completion of the first step of the combination of Credit Suisse InvestLab AG and Allfunds Group on September 6, 2019, Credit Suisse has successfully completed the transfer of related distribution agreements to Allfunds Group. Upon completion of this second and final step, Credit Suisse has become an 18% shareholder in the combined business and will be represented at the board.

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