On April 30, 2018, StarCapital announced its plan to acquire Mars Asset Management.
StarCapital AG (“StarCapital”) plans to purchase Mars Asset Management GmbH (“Mars”) and Mars will be integrated into StarCapital. The transaction is subject to regulatory approvals. Further terms of the transaction were not disclosed.
StarCapital, founded in 1996 and based in Oberursel, is a subsidiary of Bellevue Group AG and an investment manager that specializes in mutual funds, public equity, and fixed income.
Mars, founded in 2013 and based in Hamburg, is an independent investment boutique that provides asset management services to institutional investors. Mars has approximately CHF 450 million in assets under management as of March 2018.
To read the press release: please click here.