UBS Asset Management in Spin-Out of Quantitative Investment Strategies Business to Manteio Partners
August 16, 2024
August 16, 2024
Cleary Gottlieb represented UBS Asset Management (formerly Credit Suisse Asset Management) in connection with its agreement to transfer the management of its Quantitative Investment Strategies business to Manteio Partners.
Manteio is a systematic investment manager that seeks to employ next generation technologies and quantitative methods across a diverse range of asset classes, trading strategies, and turnover profiles.
The transaction signed on August 16, 2024, and is expected to be completed in the fourth quarter, subject to regulatory and investor approvals and other customary closing conditions.
For more information, please see the press release here.