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PRESS RELEASE: Helvetia Wealth acquires strategic stake in asset managers Dahl & Partner Vermögensverwaltung AG, Germany.

Helvetia Wealth AG / Helvetia Wealth acquires strategic stake in asset managers Dahl & Partner Vermögensverwaltung AG, Germany. processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. 

Swiss wealth management firm makes important step into German on-shore market 

Press Release, Helvetia Wealth AG, Zurich/Hamburg, February 18, 2010 

The Swiss independent wealth management firm Helvetia Wealth AG today announced
the purchase of a strategic stake in Dahl & Partner Vermögensverwaltung AG, the
former media group Axel Springer family office in Hamburg. Helvetia Wealth
purchased the shares from Germany's Donner & Reuschel Privatbank (Signal Iduna
Group) for an undisclosed sum. 

Dahl & Partner Vermögensverwaltung AG, with offices in Hamburg and Berlin, has
been operating on the German market for 15 years, focusing on asset management
for private and institutional investors. Sascha Viets, the company´s CEO since
2006, will continue to lead Dahl & Partner and grow the business through the
newly created synergies. 

"It is an important step for Helvetia Wealth to enter the German on-shore market
and increase our offer of investment products and financial services," said
Helvetia Chairman Ottmar Ruoff, who is also the Chairman of Dahl & Partner
Supervisory Board. 

With this latest investment, the value of Helvetia Wealth's assets currently
under management rises to CHF 1.1 billion, just five years after the company was
founded. 

About Helvetia Wealth AG: 

Helvetia Wealth is one of the fastest growing financial services brands in
Europe. The core business is the provision of Swiss private banking solutions
and asset management services. The firm using an open architecture business
model, sits at the centre of a network of best of class third party suppliers
and is able to bring institutional wealth management products and services to
the wider market. Helvetia has a team of private banking and institutional
advisors from all over the world, who care for a quickly growing family of
international clients. www.helvetia-wealth.com  

Press Officer:
Marta Falconi
Tel. +41 78 770 2480
marta.falconi@shepard-fox.com 

 
The press release can be downloaded from the following link:
Press release (PDF)  

[HUG#1385571] 

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Helvetia Wealth AG
Feldeggstrasse 55 Zurich Switzerland 

http://www.helvetia-wealth.com 

(END) Dow Jones Newswires

February 18, 2010 02:10 ET (07:10 GMT)