November

Disposal of Chiltern Wealth Management to EFG International

EFG Private Bank (London), a subsidiary of EFG International, a global private banking group offering private banking and asset management services, acquired the London-based asset management business Chiltern Wealth Management (CWM). CWM is the private client asset management arm of the Chiltern Group, a diversified professional financial services firm based in London. CWM's principal focus is discretionary asset management for high net worth individuals, their trusts and pension funds. It employs 4 Client Directors and has assets under management of close to CHF 0.6 billion.

Canaccord Genuity provided assistance to Chiltern Group plc, the parent company of CWM, in determining the universe of potential acquirors of the business, and in running a discrete process to obtain indicative offers for the business.

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