Niederer Kraft Frey Ltd | View firm profile
Niederer Kraft Frey is acting as counsel to EFG International on the acquisition of 100 percent of Quilvest (Switzerland) Ltd, a pure-play Swiss private bank with an established footprint in Latin America, strong focus on ultra-high net worth individuals (UHNWI) and a long-standing and successful track record in advising on private market investments. The closing of the transaction is expected in the third quarter of 2026 and subject to regulatory approval.
Quilvest Switzerland was founded in 1932 by the Argentinian Bemberg family and is fully owned by Bemberg Capital, a Luxemburg-based holding of the family. The bank is headquartered in Zurich and has an established presence in Montevideo, Uruguay. It has approximately CHF 5.3 billion of client assets, of which CHF 3.9 billion are Assets under Management and CHF 1.4 billion Assets under Custody. Its business focuses on serving UHNWIs domiciled in Latin America, Western Europe including Switzerland and the Middle East. UHNW and HNW clients account for more than 90% of total AuM.
The NKF team was co-led by Corporate/M&A partners Philippe Weber and Thomas Brönnimann, working with associate Manuel Hirlinger and junior associate Sandja Kozina (both Corporate/M&A), counsel Yannick Wettstein and senior associate Florian Steiner (both Regulatory), and associates Luisa Egli and Stephanie Huchler (both Employment).