VERSO Capital Announces Merger With ALDINI Capital
PR87915
LUXEMBOURG, Feb. 3, 2021 /PRNewswire=KYODO JBN/ --
- Partnership Creates Opportunities for Global Venture Capital Growth
VERSO Capital (
), the global merchant banking firm headquartered in Luxembourg, announced the
successful completion of its merger with Swiss alternative asset manager ALDINI
Capital (
) effective February 1st, 2021.
Logo - https://mma.prnewswire.com/media/1431786/VERSO_Capital_Logo.jpg
Founded in 1958, ALDINI Capital is a regulated investment firm and alternative
asset manager based in Switzerland and Liechtenstein. The transaction extends
the combined firm's offering into Venture Capital investments and merchant
banking advisory services.
The merger illustrates how VERSO's proprietary partnership model provides a
magnet for impact investors seeking growth opportunities around the world. It
is a tangible opportunity for VERSO to further scale up its Ultra High Net
Worth and institutional business by providing its merchant banking advisory
services to new clients.
Mr. Daniel Baumslag, Partner and Board Member of VERSO Capital, says, "The
deal's synergies really stack up. It leverages Aldini's rich tradition and
pedigree in hedge funds, private equity and real estate with Verso's merchant
banking advisory service and global reach in Venture Capital."
Fuelling Innovation with Bold Investments
VERSO Capital has been at the forefront of a decade of unprecedented expansion
of private markets. Since 2011, over $700 billion USD has been invested (
) in venture capital, fueling a blossoming ecosystem of start-up companies.
In the technology space, VERSO has contributed to this expansive growth by
investing over $245 million in the past 4 years in tech start-ups ranging from
climatech to foodtech and biotech.
VERSO engages with sophisticated pools of capital around the world and
re-deploys these funds into these bright and exciting new ventures. Recent
additions to VERSO's portfolio include Impossible Foods (
), EAT JUST (
https://c212.net/c/link/?t=0&l=en&o=3056064-1&h=1832460298&u=https%3A%2F%2Fwww.ju.st%2F&a=EAT+JUST
), Turtle Tree Labs (
), Nitro Beverage (
), ISDC Global (
) and Carbon Click (
).
"The vision of VERSO is to become the reference for UHNW investing in private
equity and venture capital - bridging the gap between traditional wealth
management, often secluded in Swiss private banks, and the world of venture
capital, which has been difficult to access for private capital and structured
to attract institutional funds instead," explains Julien Machot (
), Managing Partner at VERSO. "Each investment is entered into with the highest
degree of conviction and the unanimity of our Partners."
For example, VERSO's recent pre-series investment in Singapore based Turtle
Tree Labs is the result of several months of close collaboration with founder
Max Rye, who has used stem cell research to create human milk.
"Verso Capital has a strong track record in identifying and investing in
innovative food-tech startups, and we're proud to join its existing portfolio
of companies. With Verso Capital's investment, TurtleTree will be able to lean
on its expertise in the food tech sector, and scale to take advantage of the
global ecosystem that it has helped create," says Max Rye.
After jump-starting the year with this exciting new merger, the goal for VERSO
Capital in 2021 is to continue to invest in the world's most innovative and
exciting start-ups, reinvest in its portfolio companies and continuously
support its founders.
About VERSO Capital
www.versocapital.co
Luxembourg
VERSO Capital stands out from other global merchant banking firms due to their
expertise in Merchant Banking advisory. The firm was founded on a vision of a
Merchant Banking boutique, with core expertise in Venture Capital & Private
Equity backed by seasoned strategic consulting.
About VERSO Fund
www.versofund.com
British Virgin Islands
VERSO Capital has presence in the British Virgin Islands with the VERSO Fund, a
multi-class professional mutual fund focused on financing technological
advancements. VERSO Fund seeks out companies with the most positive impact on
as many people around the world as possible.
VERSO Management is a BVI based asset management and investment banking firm
regulated by the BVI Financial Services Commission.
About ALDINI Capital
www.aldinicapital.com
Switzerland & Liechtenstein
Founded in 1958, ALDINI Capital is a regulated investment firm and alternative
asset manager based in Switzerland and Liechtenstein. The firm focuses on
proprietary capital investments, debt & equity markets and provision of
exclusive strategy, wealth management and fundraising advice to UHNW and
institutional clients.
About EAT JUST
ju.st (
https://c212.net/c/link/?t=0&l=en&o=3056064-1&h=3922902080&u=https%3A%2F%2Fwww.ju.st%2F&a=ju.st
)
California, United States
This California-based start-up has created a revolutionary product: JUST Egg.
Made from protein-rich mung beans, this vegan egg substitute is
cholesterol-free, antibiotic-free and requires less land, water and carbon
emissions to make than conventional eggs.
About Turtle Tree Labs
www.turtletree.co
TurtleTree aims to develop the best nutrition from milk in the most sustainable
way. This Singapore-based biotechnology company uses a cell-based method to
produce milk and milk components that can be used for dairy milk and infant
nutrition production.
SOURCE VERSO Capital
CONTACT: Julien Machot, jm@versocapital.co
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