Serafin Asset Management has acquired 100% of Alpora AG, enhancing its asset management capabilities and positioning itself for growth in the Swiss financial market.

Target Company Overview

Serafin Asset Management GmbH, active in the asset management sector, has acquired 100% of the shares of Alpora AG, a Swiss company, effective December 22, 2022. Since its inception in 2021, Serafin Asset Management has been steadily expanding its operations, enhancing its service offerings in this sector. In September of the previous year, the Frankfurt-based asset manager established a strategic partnership with AMG Fondsverwaltung AG, initially acquiring a 50% stake, with plans to increase this stake to 100% by 2026. Alpora AG, based in Zug, Switzerland, manages six equity funds with a total volume of approximately 600 million Swiss Francs.

In addition to its asset management activities, Serafin is also engaged in the media and film industries through its involvement with Night Train Media GmbH & Co. KG, led by Philipp Haindl. Founded in 2020 by Herbert L. Kloiber, Night Train Media acquired a majority stake in the British production company Curve Media in the fall of 2022, including shares from Curve's previous investor, BBC Studios. Night Train Media collaborates with American and British channels to deliver productions and, in 2022, also acquired shares of the international TV distribution company Eccho Rights from the Korean media group CJ ENM, focusing on distributing series from Turkey, Scandinavia, South Korea, and more recently, English-speaking regions.

Industry Overview

The asset management industry in Switzerland remains strong, characterized by a stable regulatory environment, a high level of expertise, and a significant influx of international capital. The Swiss market is recognized for its innovation an