Schellenberg Wittmer advises AXA Investment Managers Schweiz AG with the merger of its three real estate funds.
The fund merger was approved by FINMA as well as the fund contract of the soon to be merged fund "AXA Real Estate Fund Switzerland". The merger will take place at the end of March 2024 creating the largest real estate fund (NAV based) for pension funds in Switzerland.
Schellenberg Wittmer advised AXA on all strategic, regulatory and contractual aspects. The team was led by Caroline Clemetson (Partner Banking & Finance, Investment Management) and included Andrea Andelic and Dominic Wälchli (Associates Banking & Finance, Investment Management).
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