{"id":44968,"date":"2024-10-18T08:18:44","date_gmt":"2024-10-18T08:18:44","guid":{"rendered":"https:\/\/my.legal500.com\/developments\/?post_type=press_releases&#038;p=44968"},"modified":"2024-10-29T08:19:34","modified_gmt":"2024-10-29T08:19:34","slug":"release-bar-karrer-advised-ubs-on-the-sale-of-the-credit-suisse-insurance-linked-strategies-ltd-business-to-its-management-team","status":"publish","type":"press_releases","link":"https:\/\/my.legal500.com\/developments\/press-releases\/release-bar-karrer-advised-ubs-on-the-sale-of-the-credit-suisse-insurance-linked-strategies-ltd-business-to-its-management-team\/","title":{"rendered":"release B\u00e4r &amp; Karrer Advised UBS on the Sale of the Credit Suisse Insurance Linked Strategies Ltd Business to its Management Team."},"content":{"rendered":"<p><strong>On 30 September 2024, UBS Group AG closed the sale of its 100% holding in Credit Suisse Insurance Linked Strategies Ltd (&#8220;CSILS&#8221;) to the CSILS management team led by Niklaus Hilti.<\/strong> <!--more-->The respective agreement was signed in July 2024. CSILS now operates independently from UBS under a new name and will continue to manage the funds and single investor fund mandates.<\/p>\n<p>B\u00e4r &amp; Karrer acted as Swiss legal advisor to UBS in this transaction. The team included Vera Naegeli and Marie-Cristine Kaptan (both M&amp;A and Corporate &amp; Commercial), Daniel Fl\u00fchmann and Christina Werren (both Regulatory), Ruth Bloch-Riemer (Pensions and Social Security), Susanne Schreiber and Martin Leu (both Tax) and Laura Widmer (Employment).<\/p>\n<p>Freshfields Bruckhaus Deringer acted as international legal advisor to UBS.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-44968","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/44968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=44968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}