TAGES Capital, a London-based alternative multi-manager investment solutions provider, has entered into a strategic partnership with Gauly | Dittrich | van de Weyer Asset Management, a Frankfurt-based investment firm, to expands its product lines in Germany and Austria.
As part of the deal, Gauly | Dittrich | van de Weyer Asset Management will distribute TAGES investment solutions and products to professional investors in Germany and Austria.
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Additionally, both the firms will work together to launch a multi -asset product outside of Germany and Austria.
Markus van de Weyer, managing director of Gauly | Dittrich | van de Weyer Asset Management, said: "We are delighted to announce this partnership with TAGES Capital, whose success and rapid growth story, like ours, is based on its strong capabilities to provide clients with bespoke solutions and highly customized strategies – particularly for institutional clients."
Salvatore Cordaro, founder and CIO of TAGES Capital, said: "Furthermore, we are confident their prominence in the German market would help us expand our geographic presence in Europe and marks the next step on our exciting journey."
TAGES Capital, which manages over 3 billion in assets, was set up in 2011 and has a presence in the French, German, Austrian and Italian markets, while Gauly | Dittrich | van de Weyer Asset Management was established in 2012 by two former Lazard veterans and now manages nearly 10 billion across multi-asset and balanced funds.
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