Read the latest news from Invest Europe:

• The next chapter: Exclusive Financial Times media partnership opportunity
• Newsletter, Daily Media Monitor updated
• FDI Screening in Europe - What do investors need to know?
• ESG Reporting Guidelines virtual launch event on 3 October

Thursday, 22 September 2022, Société de Lecture, Genève

This SECA event will showcase leading Swiss Founders and Investors in Climate, and discuss opportunities, challenges and look into the future.

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Wednesday, 5 October 2022, Hotel St. Gotthard, Zurich

Environment and society are interrelated: Human activities currently are causing environmental damage and shifts in climate patterns across the globe. Additionally, environmental degradation threatens the economic catch-up in emerging markets and widens the social gap. Solving these challenges requires investments in companies with transformative business models. Impact investments can generate a positive, quantifiable contribution towards a sustainable future without compromising on returns. This event, organized by SECA in cooperation with Golding Capital Partners and Blue Earth Capital aims at managers and decision-makers in the investment sector of Swiss family offices, insurance firms, and pension funds.

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Wednesday, 26 October 2022, FIFA Museum, Zurich

Success stories such as company sales and IPOs act as catalysts. Europe is becoming increasingly attractive as a venture capital location and is catching up with the USA rapidly. The positive momentum is also spilling over into Switzerland. Numerous new funds with experienced and "new" managers are starting up. This SECA event will showcase Swiss managers and discuss opportunities, challenges and look to the future.

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18. & 19. November 2022, Lenz & Staehelin, Zürich

Wir können bereits die zehnte Durchfühung des SECA Private Equity Workshops ausschreiben. Melden Sie sich schnell an, die Plätze sind beschränkt. Ziel des Workshops ist es, einen umfassenden Einblick in die Struktur, die Funktionsweise, die Dynamik der Private Markets-Industrie sowie Handlungsempfehlungen aus der Sicht des Investors zu erhalten, was letztlich wesentlich zum besseren Verständnis der vorhandenen Chancen und Risiken dieser faszinierenden Assetklasse beiträgt.

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We offer members and non-members a series of eight training courses designed for a wide audience, ranging from newcomers to the private equity business to more established professionals, but also account managers and middle and back-office staff wishing to deepen their knowledge, professionals in finance, banking, insurance and pension funds.

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Discover the impressions from the 12th edition of the TOP 100 Swiss Startup Award 2022. Browse through the pictures or download the TOP 100 Swiss Startup Magazines 2022 to look at the TOP 100 Award Night from September 7, 2022.

Discover the major players of the Swiss startup ecosystem: Download the digital version of the TOP 100 Swiss Startup Magazine for free and learn more about the current state of Swiss innovation!

In partnership with Bilanz, Handelszeitung and PME, digitialswitzerland is once again celebrating the 100 people changing the face of the Swiss digital landscape. Read the full interviews with all 100 Digital Shapers in their dedicated Bilanz publication. They are also featured in PME on 31 August and Handelszeitung on 1 September.

Christian Wenger, der wohl wichtigste Mann der Schweizer Start-up-Szene, über den analogen Mindset der Schweiz, die ­Folgen des Tech-Crashs für Schweizer Jungfirmen und einen Bundesrat für Digitales.

Learn from SICTIC Board Member and SECA Business Angel of the year, Dr. Cornelia Gut-Villa, as she discusses her approach to selecting early-stage startups.

Leading the charge in ultra-fast batteries is part of the ‘A Different Angle’ film series, exploring the role of private equity and venture capital in European society. This unique film series, presented by Invest Europe, the world’s largest association of private capital providers, and produced by BBC StoryWorks Commercial Productions, brings to screen the human stories at the heart of the businesses that are driving change and fuelling growth through private capital.

Die Bewerbungsphase für die Venture Leaders Fintech nach London ist gestartet. Dies ist eine einmalige Gelegenheit für die Schweizer Fintech Startups, internationale Märkte zu erkunden und Investorenkontakte zu knüpfen. Startups können sich für einen der 10 begehrten Plätze ganz einfach online bewerben.

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Avelo AG, a Swiss breath diagnostics company with a mission to make every breath count for better infectious disease diagnosis, announced the closing of a CHF 2.2 million seed round. The seed financing round was led by OCCIDENT, with participation from Privilège Ventures, Arve Capital, Zürcher Kantonalbank and several MedTech angel investors.

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VCs invested only $28.6 billion in the region in H1—below the Q3 2021 figure—according to the latest Greater China Venture Report, sponsored by Apex. The region has faced many hurdles over the past year, including regulatory headwinds, supply chain issues, and macroeconomic challenges.

We are pleased to announce a new investment of Pureos Bioventures in Tridek-One SAS, a spin-off from the French National Institute of Health and Medical Research (Inserm) in Paris. Tridek-One discovers and develops immune checkpoint antibodies for the treatment of inflammatory / autoimmune diseases with an initial focus on CD31/PECAM. Pureos led the €16mn seed extension round including several other existing and new investors.

Venture capital deal activity in the UK and Ireland has remained robust in the first half of 2022 as both countries weather a cost-of-living crisis and the prospect of a long recession. While investors continued to pour capital into the region, current market conditions are expected to flatten dealmaking activity toward the end of the year.

Skribble, the leading Swiss e-signature service, closes its third round of funding. The scale-up has secured 10 million Swiss francs as part of its Series A. The round is co-led by venture capital firms VI Partners from Switzerland and Acton from Germany. With the capital raised, Skribble aims to strengthen its position as a pioneer in existing markets and drive expansion in Europe.

Sparrow Ventures, eine Tochtergesellschaft des Migros-Genossenschaftsbundes, beteiligt sich an einer Finanzierungsrunde beim Fintech Selma Finance, wie letzteres in einer Medienmitteilung schreibt. Insgesamt spült die Finanzierung, an der auch das Medienunternehmen TX Group beteiligt ist, dem Startup 3,5 Millionen Franken in die Kassen.

Sensawear has developed the world's first truly wearable, textile-based, tissue oxygenation monitoring sensor using trusted, proven, non-invasive near-infrared spectroscopy. Specially integrated fiber optics will give users real-time feedback on deep tissue oxygen saturation without adding pressure against the skin. This technology will help prevent painful and dangerous pressure injuries and/or pressure ulcers from forming, as well as provide continuous monitoring in post-op and traumatology wards to improve surgical recovery and replace invasive monitoring procedures, thus improving quality of life and quality of care for millions of people around the world Sensawear will use the CHF 150,000 Venture Kick funding to work with industrial partners to further advance and market the sensors to hospitals and clinics, addressing an estimated USD 850 million market potential across multiple applications.

• Medienmitteilung

While other tech sectors, including fintech, have seen investment slow down after a record high in 2021, deeptech is booming. European deeptech startups have raised €12.3bn in 2022 to date, compared to €12.2bn raised in the same period of 2021, according to data company Dealroom.

We are delighted to inform that Genfit (a Nasdaq-listed French biopharmaceutical company) has publicly announced today its intention to acquire Redalpine portfolio company Versantis (RAC III), subject to workers council approval.

SICTIC had a great Startup Valuation Webinar with Andreas Göldi, Partner at btov Partners and Emanuele Larocca, Portfolio Manager at Serpentine Ventures! Lead by Pavel Jakovlev, Managing Partner at Ancore Strategy and Michel Kertai, Board Member, Director Legal at SICTIC. Missed it? They have recorded it for you!

UBS announced it has invested in BigPanda, a leading artificial intelligence IT operations (AIOps) platform, through UBS Next, the firm’s strategic venture and innovation unit.

Almer Technologies, Ecco2, mobileup, SmartHelio und Swiss Vault. Gratulation! Bis 2025 will Swisscom zusätzlich zu ihrem Netto-Null-Ziel 1 Mio. Tonnen CO2 pro Jahr einsparen. Deshalb sucht sie Early- und Extension Stage Tech Startups aus der ganzen Welt, die mit ihren Innovationen und Technologien zum Klimaschutz beitragen.

The EIF Business Angels Survey, together with the EIF VC Survey and the EIF Private Equity Mid-Market Survey (the largest combined regular survey exercises among GPs and Business Angels on a pan-European level) provide an opportunity to retrieve unique market insights. This publication is based on the results of the 2021/22 EIF Business Angels Survey. The paper focuses on the market sentiment and the impact of COVID-19. The study looks at the market situation, developments in the recent past and expectations for the future. The main results are summarised and compared over time. The publication provides a valuable insight of the developments and the markets in 2021/22, as well as an outlook for the near future.

Der neue IFJ Startup Guide ist erschienen! Spannende Einblicke ins IFJ Team, Interviews, die neusten Events und ein breites Unterstützungsangebot für dein Unternehmen erwartet dich.

Swiss garden and landscaping group B+G Schweiz AG, held by Patrimonium Private Equity and EGS Beteiligungen, is joining forces with Menétrey group of Vaud Canton to become the largest garden and landscaping company in Switzerland. This follows Egger AG's joining of B+G Schweiz AG on 1 September.

Patrimonium Asset Management AG, der Schweizer Private Markets Fonds Manager, der als Fondsleitung für den börsenkotierten Fonds Patrimonium Swiss Real Estate Fonds agiert, ändert Anfang August 2022 seine Aktionariatsstruktur mit dem Ausstieg von Mitgründer Stéphane Bonvin. Sein Aktienpaket wird von den Mitgründern Christoph Syz und Daniel Heine übernommen. Sie alle hatten die Firma 2007 gegründet. Über den Verkaufspreis wurde Stillschweigen vereinbart.

Capital Dynamics is pleased to announced that, alongside a worldwide group of investors collectively managing nearly $39 trillion in AUM, has signed an open letter calling on governments to radically raise their climate ambition ahead of and beyond COP27. This Global Investor Statement urges governments to implement domestic policies and take early action to ensure that their 2030 greenhouse gas emissions are aligned with the goal of keeping global temperature rise to 1.5°C.

nsn medical ag («NSN»), a leading private Swiss healthcare provider with various activities across Switzerland, together with two private shareholders sold all their shares in AVANTI, Centro Ticinese di chirurgia ambulatoriale SA («Avanti») to Vista Klinik Holding AG («Vista»). SECA Member Wineus Capital, one of Wineus AG’s two divisions, has represented a group of investors in NSN since 2011 and has supported all selling shareholders of Avanti in this transaction.

• Management fees grew 18% year-on-year to CHF 809 million, in line with average assets under management (AuM)[1] growth
• Performance fees accounted for 8% of total revenues, within the 5% to 10% guidance range for H1; full-year 2022 performance fees are expected to be below the mid- to long-term guidance of 20% to 30%
• Revenues decreased by 22% year-on-year to CHF 881 million due to lower performance fees
• EBIT stands at CHF 570 million; profit developed in line with revenues to CHF 464 million
• Full year 2022 expected gross client demand of USD 22 to 26 billion reconfirmed

Petiole Asset Management AG is pleased to announce that Pierre-Olivier Pourcelot has joined the firm as Head of Institutional Sales. Latif Kigouk, who has been with the company since its establishment in Switzerland, will take up the role as Head of Client Relationships. Their appointments shall be effective from September 1, 2022, and would form a critical step in the company’s accelerated growth strategy in the DACH region.

Blue Horizon, a next generation impact investor accelerating the transition to a new Sustainable Food System, today announced a Seed investment in Cultivated Biosciences.

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Unigestion is pleased to share the latest edition of their quarterly newsletter, Private Equity Market & Investment Insight, providing readers with updates and analysis on current private equity market trends, as well as information regarding investment activity within Unigestion’s programmes.

Neues Research von Schroders Capital deutet darauf hin, dass die Wertentwicklung der Vergangenheit für einige Teile des Private-Equity-Marktes aufschlussreicher sein könnte als für andere.

ABB hat die Übernahme von PowerTech Converter (PTC) bekanntgegeben, einem führenden Anbieter von Systemen zur Bordnetzversorgung von Trams und Metros. Die Akquisition ist ein wesentlicher Bestandteil der Wachstumsstrategie des Geschäftsbereichs Antriebstechnik.

Das Thema Private Equity ist für viele Mittelständler noch ein rotes Tuch und auch Finanzinvestoren lassen kleinere Firmen oft links liegen. Warum das so ist und wie KMU sich für Finanzinvestoren „aufhübschen“, erklärt ein externer CFO im FINANCE-Gespräch.

AltAlpha Digital is a fully-regulated digital asset fund of funds, a product launched by the alternative investment arm of BFI Consulting, the institutional investment & advisory arm of the BFI Capital Group. The BFI Capital Group is a well-established Swiss asset manager with $1 billion in assets, and more than 30 years of experience in wealth services, strategies and solutions.

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The private equity industry is facing risks on several fronts. But from adversity may come opportunity, at least in some areas.

Investing in renewables is not just good for the planet, it offers long-duration assets with secure, inflation-linked income. But there are nuances.

Lexington is a leading global manager of secondary private equity and co-investment funds with total AUM of $57 billion as of March 31st, 2022. Since its founding in 1994 has raised commitments from more than 1’000 institutional investors, deploying capital across more than 4,500 secondary, co-investment and primary interests in the United States, Europe, Latin America, and the Asia-Pacific region. With this closing, Franklin Templeton significantly expands the breadth and scale of its alternative asset strategies with over $200 billion in aggregate alternative assets under management.

Der Bedarf an Investitionen in die soziale Infrastruktur in Europa ist nach wie vor gross. Der jährliche Impact Report von Franklin Templeton zeigt, wie privates Kapital durch einen messbaren Impact-Investment-Ansatz, der auf soziale und ökologische Resultate abzielt, einen positiven Wandel bewirken kann.

Ares Management Corporation, a leading global alternative investment manager, announced that it has raised $3.7 billion of dedicated capital focused exclusively on investing in sports leagues, sports teams and sports-related franchises, as well as media and entertainment companies.

EQT is pleased to announce the final close of EQT Growth (the “Fund”) above its EUR 2 billion target, raising EUR 2.2 billion in fee-generating assets under management (AUM) and total commitments of EUR 2.4 billion1. As the largest first-time growth fund based in Europe2, the raise underlines the strong investor demand for EQT Growth’s thematic investment strategy and active approach to unleashing sustainable growth in Europe and Israel’s leading technology companies.

David Layton, Partners Group CEO and head of private equity, discusses how private markets are faring amid the stock market selloff on "Bloomberg Markets: The Close.

This study from Vontobel, surveying over 300 investment decision makers in Europe, Asia and the Americas, examines investors’ interest in fixed income assets in emerging markets and their expectations for altering their allocations in the next two years.

LGT Private Debt is pleased to announce that entities it advises acted as sole arrangers of a unitranche financing, supporting the debt refinancing and development projects of EA Pharma, majority-owned by funds managed by Motion Equity Partners.

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Hajo Krösche wechselt von EQT zu dem schwedischen Midmarket-Investor Altor – und steigt dort zum Partner auf. Greift Altor jetzt in Deutschland an?

We are delighted to announce MTIP Fund II’s newest investment in Apricity, UK’s leading virtual fertility clinic. MTIP led the €17 million investment round. The new funds will be used to accelerate Apricity’s growth in the UK, expand geographically (to Spain before the end of the year, followed by Germany and Italy), and further develop its technology, as it continues its mission to become the leading fertility player in Europe.

Private real estate fundraising appears to be in decline—an unexpected development for a strategy typically regarded as an inflation hedge. Going into this year, allocations to real estate were predicted to increase, but through H1, that growth has not materialized.

KKR, a leading global investment firm, and Hero Future Energies, the renewable energy arm of the Hero Group, today announced the signing of definitive agreements under which KKR and the Hero Group will invest $450 million in the Company.

Environmental, social and corporate governance (ESG) concerns have risen up the corporate agenda — and the trend is expected to continue. How is this affecting dealmaking in Europe, the Middle East and Africa (EMEA)?

Mutares SE & Co. KGaA has successfully completed the acquisition of Cimos d.d. from TCH S.r.L. The closing of this transaction marks the first acquisition of the new office in Vienna and strengthens the Automotive & Mobility segment as a new platform acquisition.

Auch im Q2 2022 war gemäss Andreas Neumann, Leiter Equity Capital Markets der Zürcher Kantonalbank, das Marktumfeld von Unsicherheit und erhöhter Volatilität geprägt. Trotz der anspruchsvollen Marktbedingungen gelangte die Immobiliengesellschaft EPIC Suisse Ende Mai 2022 durch ein erfolgreiches IPO an die Schweizer Börse. In Europa sowie in Nordamerika blieb das IPO-Volumen nach einem emissionsarmen Jahresauftakt auch im zweiten Quartal 2022 auf einem unterdurchschnittlichen Niveau.

• ZKB IPO Newsletter

The Q2 2022 edition of the EY Valuation Market Essentials publication with relevant market data for Switzerland, incl. analyses for the banking and insurance industry gives an overview of market multiples and cost of capital components per sector and includes also relevant macro-economic data used in business and other valuations such as impairment tests or purchase price allocations.

• PPCmetrics Studie basiert auf den revidierten Geschäftsberichten der Vorsorgeeinrichtungen
• Fokus: wichtige und vergleichbare Kennzahlen
• Breites und repräsentatives Universum von 311 Kassen, einem Vorsorgevermögen von rund CHF 816 Milliarden und über 3.8 Millionen Versicherten

Nachhaltigkeit ist ein Thema, das uns alle tangiert. Nicht nur auf persönlicher, sondern ebenfalls auf Ebene der Unternehmen – Grossunternehmen wie auch KMU. In der Praxis sehen wir, dass es grosse Unterschiede gibt. Lesen Sie den KMU-Leitfaden von OBT. Der KMU-Leitfaden wurde zusammen mit der HSG St.Gallen erstellt.

Schweizer Vorstände und Manager sind aktuell für verschiedene Krisenherde erste Ansprechpartner im Unternehmen. Von Lieferkettenproblemen über Kostendruck durch Inflation bis hin zu notwendigen Digitalisierungsprojekten stehen sie in vorderster Linie. Doch die grösste Herausforderung bedeutet über alle Branchen hinweg in der Schweiz – wie auch in Deutschland – der akute Fachkräftemangel.

• Medienmitteilung
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Mit dieser Neueinstellung will Renaissance ihre Präsenz weiter ausbauen, um damit auch in der Deutschschweiz der bevorzugte und langfristige Partner für Nachfolgeregelungen in der Schweiz zu sein. Die zahlreichen jüngsten Investitionen von Renaissance in der Deutsch- und Westschweiz bestätigen das Interesse an langfristig investiertem Schweizer Kapital von Pensionskassen und einem lokalen Partner mit jahrelanger Erfahrung in der Schweizer KMU-Landschaft.

As market headwinds pick up speed, the second half of 2022 is providing an opportunity for dealmakers to reassess strategy and act boldly.

Die Oldenburgische Landesbank (OLB) übernimmt die Degussa Bank AG. Dazu hat das Unternehmen am Mittwoch einen Kaufvertrag unterschrieben. Die Vertragsparteien vereinbarten einen Kaufpreis von 220 Millionen Euro. Die Übernahme passe strategisch zum Wachstumskurs der OLB, so Geschäftsführer Stefan Barth. Der Konzern übernehme die rund 340.000 Kundinnen und Kunden von Degussa. Die Degussa Bank betreibt kleine Filialen auf den Betriebsgeländen von Unternehmen.

Galenica übernimmt 100% der Anteile an der Aquantic AG. Mit der Akquisition bekommt Galenica Zugang zu einem digitalen Ökosystem, das durch die Verknüpfung von Pharmaunternehmen und Krankenversicherungen die Kostenübernahme von spezifischen Arzneimitteln deutlich vereinfacht. Damit baut Galenica das digitale B2B-Angebot aus und steigert sowohl die Effizienz als auch die Qualität im Gesundheitswesen für seine Partner als auch die Patientinnen und Patienten.

• Medienmitteilung

Asset Management fördert Wirtschaftswachstum und leistet Beitrag zu nachhaltigem Vorsorgesystem. Das Institut für Finanzdienstleistungen Zug IFZ der Hochschule Luzern und die Asset Management Association Switzerland haben die fünfte Ausgabe der Swiss Asset Management Study erstellt, die einen umfassenden Überblick über das Asset Management in der Schweiz bietet.

Finanzierungen und Spenden über das Internet verzeichneten im Jahr 2021 ein Wachstum von 31 Prozent. Insgesamt wurden 792 Millionen Franken in Crowdfunding-Projekte investiert. Besonders die Finanzierung von Immobilien gewann an Bedeutung. Das zeigt der Crowdfunding-Monitor 2022 der Hochschule Luzern.

On this place your Job ad could be published.

If you are interested please send an e-mail with your job ad, the company logo and a short description about the Job and/or the Company to info@seca.ch.

• for SECA Full Members
  free of charge
• for SECA Associate and Individual Members
  CHF 100.- / 2 editions
• for Non-Members CHF 200.- / 2 Weeks

• SECA Evening Event: Climate Investing - When Investors meet Founders
  Thursday, 22 September 2022, Geneva

• SECA Evening Event: Impact Investments in Emerging Markets
  Wednesday, 5 October 2022, Hotel St. Gotthard, Zurich

• SECA Evening Event: Swiss VCs on Stage
  Wednesday, 26 October 2022, FIFA Museum, Zurich

• 10. SECA Private Equity Workshop
  18. & 19. November 2022, Lenz & Staehelin, Zürich

• SECA Private Equity Training Sessions
  various dates 2023

• 19th SECA Conference - Excellence in Europe
  Wednesday, 8 February 2023, SIX Zurich

More information on www.seca.ch.

20-22 September 2022,Palais des Festivals de Cannes, France

In only 6 years, IPEM has become the benchmark of Private Capital events. Its unique and surprising “PE meets tradeshow” format has won its fame for being a dynamic, easy and effective business congress. IPEM has grown to an international event of 4,000 top quality participants (from 1,700 companies, including 600 LPs, 550 GPs and 400 Advisors Business Services), while keeping the heart and soul of an intimate and relaxed gathering of all private markets.SECA Members receive a 10% discount by registering here.

21 - 22 September 2022, Hotel Mövenpick, Basel

The Sachs Autumn Life Sciences Week incorporates the 9th Annual HealthTech Investment Forum and the 22nd Annual Biotech in Europe Forum. Both forums consist of the usual panels and keynotes, which will be available on demand the week after. Additionally, there will be pre-arranged in-person meetings, live and on demand company showcases and a reception. The in-person events will be followed by an additional week of virtual meetings available through the audio/video online meeting system.

19 October 2022, Hotel Andaz, Vienna

Where Private Capital Investors Meet to Grow & Scale Innovative Companies - invest austria is the leading event to connect Angel Investors, Venture Capital and Private Equity covering the entire funding lifecycle of innovative companies.

Early bird offer until September / SECA members receive a 30% discount on regular tickets with the code "AVCOcomm316"

1. November 2022 und 3. November 2022, Widder Hotel, Zürich

Kellerhals Carrard lädt die SECA Mitglieder gerne zum Herbstanlass 2022 ein. Diese Themen erwarten Sie: L-QIF: Stärken, Schwächen und Einsatzmöglichkeiten dieser neuen Fondsform / ESG im Finanzsektor / IPOs von Anlagevehikeln

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 Anmeldung

Monday, 7 November 2022, Metropol, Zurich

Chen Lichtenstein, Syngenta's CFO, will talk about the latest developments in the global food crisis and the future of agriculture.

• more information

15 - 18 November 2022, Hotel Okura, Amsterdam

World's Largest Private Equity Event Focused On LP/GP Relations -  Don't miss thought-provoking keynotes, insightful presentations and interactive discussion groups. The most time-efficient way to connect with the most influential people in private capital! SECA Member receive 10% discount with the code: FKR2629SECA

Start 18. November 2022, Hochschule Luzern - Wirtschaft, IFZ, Rotkreuz

Nachhaltigkeit nach neuestem Standard umsetzen - Im kompakten und praxisorientierten Fachkurs erlangen Sie ein fundiertes Grundwissen zum Thema Sustainable Finance in der Schweiz für das Tagesgeschäft. Der Kurs umfasst die Aus- und Weiterbildungsanforderungen aus den Nachhaltigkeitsrichtlinien des SBVg vom Juni 2022 vollumfänglich. SECA-Mitglider profitieren von einem Rabatt. Melden Sie sich an info@seca.ch.

6 & 7 December 2022, The Circle Convention Centre, Zurich

NOAH Conference aims to be a digital and physical collaboration platform for over 67 stakeholder groups to bring sustainable and measurable impact to the World. The hybrid event will continue the 13 year long journey of NOAH to connect the smart capital with the most exciting startups. SECA members receive a 20% discount with the code "SECA" on the base price.

The SECA eNewsletter is a free online newsletter published by Maurice Pedergnana, Managing Director of the SECA Swiss Private Equity & Corporate Finance Association, received by more than 4'000 email addresses. More information: www.seca.ch or +41 41 757 67 77 (Andrea Villiger). The eNewsletter archive service is available for SECA members.