Julius Baer to Create Direct Private Investments Unit
July 10 2020 - 2:44AM
Dow Jones News
By Mauro Orru
Julius Baer Group AG said Friday that it will create a unit for
direct private investments such as private equity and private
debt.
The Swiss private bank said it will launch the new direct
private investments unit as part of its markets division as of Oct.
1, targeting its very wealthy and sophisticated private banking
clients.
Giuseppe De Filippo will lead the new unit, who will join the
company from UBS Group AG on Oct. 1, Julius Baer said.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
July 10, 2020 02:29 ET (06:29 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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