KB Associates entered into an agreement to acquire EFG Fund Management S.A. from EFG International AG (SWX:EFGN) on February 24, 2021. The transaction is subjected to regulatory clearance. Jacques Graas of Allen & Overy LLP acted as legal advisor to EFG Fund Management. KB Associates completed the acquisition of EFG Fund Management S.A. from EFG International AG (SWX:EFGN) on August 3, 2021. The transaction has received regulatory clearance.