UBS to Sell the Credit Suisse Insurance Linked Strategies Ltd Business to Its Management Team
July 24, 2024
July 24, 2024
NEW YORK, July 24 -- UBS, a financial services provider, issued the following news release:
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Upon closing, CSILS will operate independently from UBS under a new name and will continue to manage the funds and single investor fund mandates.
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Zurich, 23 July 2024 - UBS Group AG has today signed a definitive agreement to sell its 100% holding in Credit Suisse Insurance Linked Strategies Ltd ("CSILS") to the CSILS management team . . .
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Upon closing, CSILS will operate independently from UBS under a new name and will continue to manage the funds and single investor fund mandates.
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Zurich, 23 July 2024 - UBS Group AG has today signed a definitive agreement to sell its 100% holding in Credit Suisse Insurance Linked Strategies Ltd ("CSILS") to the CSILS management team . . .