(only in English)
REYL Group has announced the appointment of Francesco Genovese in a newly created role, as Head of its Asset Management business. He will be responsible for developing asset management and fund distribution activities at Bank REYL & Cie, with a particular focus on establishing alternative and unlisted asset strategies for both Swiss and international institutional clients.
Francesco Genovese has over 25 years’ experience in launching, managing and distributing institutional investment funds. Through a combination of strategic recruitment and formal alliances with talented managers, Genovese will focus initially on establishing a high-quality platform for alternative asset management at REYL & Cie. This strategy will enable REYL & Cie to develop specialist strategies for promoting and distributing innovative investment funds throughout Europe, Asia, the Middle East and the United States, to a client base comprising sovereign funds, central banks and pension funds. In particular, the bank plans to focus on private equity, especially in the field of new technologies, private debt and property.
François Reyl, Chief Executive Officer, comments: “Following our partial withdrawal from RAM active investments, a leader in the active management of liquid assets, we are committed to bolstering our offering of alternative products, especially in unlisted assets. With this in mind, we are delighted to welcome a professional of Francesco Genovese’s calibre, whose entrepreneurial expertise and institutional networks will play a significant role in enabling us to pursue our continued growth strategy based on the integrated offering of our five business lines. ”