The pension fund of Swiss private banking group BSI and Swisscanto asked Pestalozzi to advice on a transfer of the BSI pension fund's complete portfolio of direct real estate investments worth about CHF 130 million. The transfer was made in exchange for shares in a regulated Swisscanto real estate fund.
Kuoni Travel Group Ltd agreed to sell its GTD business division (GTA) to Hotelbeds Group. The shareholders of Kuoni Group, private equity fund EQT and the Kuoni und Hugentobler-Stiftung, will rollover a large portion of their indirect participation in GTA into the combined Hotelbeds/GTA business. The transaction is subject to customary closing conditions.
Lenz & Staehelin advises the Kuoni und Hugentobler-Stiftung in this transaction. The team comprises Rudolf Tschäni, Tino Gaberthüel and Alexander Wille.
Advising Natixis in connection with the sale of its subsidiary Ellisphere to the investment fund Anacap.
VISCHER advised private investors who acquired shares in Molecular Partners AG (SIX: MOLN) from venture capitalist funds in secondary block trades. Molecular Partners AG is a clinical-stage biopharmaceutical company that is developing a new class of drugs, known as DARPin® therapies.
The team at VISCHER was lead by Dr. Matthias Staehelin (Partner) with Sebastian Flückiger (Associate) both Corporate.