With the shared objectives of enhancing and strengthening their capabilities in the UK, the two groups have announced, on October 26, agreement of a combined venture which aims to create deeper value for their private clients.

Hottinger Group, a London-based family office, and Edmond de Rothschild Group, have partnered on a number of initiatives in recent years. Both entities share the same long-term vision, culture and values which underpin their delivery of wealth management and bespoke family office solutions to wealthy families.

The transaction, subject to FCA approval, will see Edmond de Rothschild Group acquiring a 42.5% stake in the new enlarged entity with its London-based wealth management arm transferring to Hottinger Group.

Continuity and quality of service will be paramount in the combined venture.

Hottinger Group will continue to be led by the existing executive team.

Edmond de Rothschild will continue to operate its asset management activities in the UK including in its recognised fields of expertise in infrastructure debt and real estate.

CEO of Hottinger Group Mark Robertson said: “We are delighted to welcome on board a stable, dynastic and knowledgeable shareholder in the form of Edmond de Rothschild Group. Our firms share core values of integrity, innovation and responsibility, which make this an excellent fit.”

“Hottinger Group will continue to focus on its core offerings of bespoke investment management services, merchant banking services and providing independent and comprehensive family office services for sophisticated and conscientious international clients.”

CEO of the Edmond de Rothschild Group François Pauly (photo) said: “This partnership, with a renowned family office close to our DNA, demonstrates our desire to constantly improve our offering and services in order to better meet the needs of our clients in the UK. It will reinforce our capabilities to serve our international client base who continue to see London as a major financial hub post Brexit”

Following conclusion of the transaction, Hottinger Group will provide its services to over 200 wealthy families from around the world from its headquarters in London.

Press release by Edmond de Rothschild

Publié le 28 octobre 2021