Homburger advised Twelve Capital Holding AG in connection with the acquisition of a stake in Twelve Capital Holding AG by Graubündner Kantonalbank

Graubündner Kantonalbank (GKB; SIX: GRKP) agreed to acquire a stake of around 30 percent in the independent investment manager Twelve Capital Holding AG.

Twelve Capital Holding AG is an independent investment manager specialising in insurance investments for institutional clients. Its investment expertise covers the entire balance sheet of insurance companies, including Insurance Bonds, Insurance Private Debt, Catastrophe Bonds, Private Insurance-Linked Securities and Insurance Equity.

This strategic financial investment strengthens GKB’s position as an investment house and enables the exploitation of meaningful synergies and the strengthening of mutual competencies. The transaction is subject to regulatory approvals and further customary condition precedents and is expected to close in Q2 2022.

Twelve Capital Holding AG was advised by partner Daniel Daeniker and lead associate Timo Hasler (both Corporate / M&A) as well as partner Stefan Oesterhelt (Tax).