January 11, 2022 | Collective intelligence The Power of Collaboration

Petiole Asset Management AG and Kaleido Privatbank AG are pleased to announce their collaboration in private markets investing. This long-term partnership takes wealth and asset management for high-net-worth investors to a new level through combining private markets and private banking expertise.

Kaleido Privatbank stands at the forefront of technology

Kaleido is offering innovative financial solutions and topic-based digital communities, and was named the “Best Boutique Private Bank” in Switzerland by CFI.co (Capital Finance International) Banking Awards in 2021. The private bank's deep understanding of the needs of high-net-worth individuals, wealthy families and entrepreneurs allows the bank to remain true to Swiss banking principles of exceptional customer care, strong governance, and integrity, while continuing to pioneer compliance standards and digitization.

Why collaborating with Petiole Asset Management?

Petiole will enable Kaleido’s clients unique access to private market portfolios of directs and co-investments. As a specialized asset manager with more than two billion CHF in assets under management and 17 years of industry experience through its sister company, The Family Office Co., Petiole has focused expertise in private equity, real estate and private debt transactions with trusted top-tier sponsors in Europe, the United States and Asia-Pacific. The firm is at the leading edge of technology, having fully digitized its operational and investment processes. Petiole also provides exclusive access to the Petiole App, which features private market investments with full transparency and asset-level portfolio management reporting.

With changing investor needs, rapidly evolving technology and intensified regulation, wealth managers are seeking asset management capabilities offering scale, technology, and investment excellence to address the new challenges.

“We are extremely excited about what this strategic partnership will mean for our team and, most importantly, the services we provide to our clients,” said Kaleido Privatbank CEO, Rolf Bauer. “Leveraging Petiole’s long-standing investing experience, cutting-edge technology, and broad network of global sponsors, allows Kaleido to continue innovating private banking with privileged access to private market transactions,” explained Kaleido's COO Gian Nay.

“Kaleido’s pioneering and partnership culture fits well with our innovative approach to asset management. Rolf together with his business partner Gian Nay (COO) and the dynamic, client-centric team at Kaleido continue to advance private banking to a new degree of excellence,” said Hani Abuali, Petiole Asset Management CEO. “We’re excited about this partnership.”

With an average of 15-20 transactions closed annually, Petiole inaugrates 2022 with extensive plans for expansion and growth further accelerated with Kaleido’s partnership.

About Petiole Asset Management AG

Petiole Asset Management is a FINMA-licensed asset manager of collective assets headquartered in Zurich, Switzerland, with affiliates located in New York and Hong Kong and three other licenses regulated to conduct business in the USA, Hong Kong, and the Cayman Islands. We have established solid working relationships with top-tier global sponsors, successfully co-investing with them over the past 17 years as part of The Family Office Co. At Petiole, we meet the needs of institutional investors, family offices, and qualified investors through diversified and tailored private market investment solutions, leveraging technology through our proprietary Petiole App. For more information visit Petiole’s investment solutions and their LinkedIn @Petiole Asset Management.

About Kaleido Privatebank AG

Kaleido Privatbank is a modern boutique bank located in the heart of Zurich’s most vibrant district in Seefeld, Switzerland. Private and institutional clients including wealthy families and Family Offices trust in our expertise and our unique network that has been built over many years. Like a kaleidoscope, we combine a variety of elements to create a best-fit overall outcome. We create specific compositions of private banking and wealth management competences, state-of-the-art-technology and our network expertise for every individual client's perspective to build bespoke solutions. For more information visit Kaleido Privatbank and their LinkedIn @Kaleido Privatbank AG.

Christian Schmid

Written By: Christian Schmid