Carne Global Fund Services Limited entered into definitive agreement to acquire Third-party Fund Management Services Business in Switzerland from GAM Holding AG (SWX:GAM) for CHF 0.5 million on June 29, 2023. In related transaction, Carne Global acquires Third-party Fund Management Services Business in Luxembourg. The transaction is subject to customary closing conditions including regulatory approvals. The transaction is expected to close during fourth quarter of 2023. Claude Lambert, Stefan Kramer and Gregor Bühler of Homburger AG acted as legal advisor to GAM Holding AG.

Carne Global Fund Services Limited acquired Third-party Fund Management Services Business in Switzerland from GAM Holding AG (SWX:GAM) on February 1, 2024.