Bonhôte Fund Solutions invests in the circular economy

Bonhôte Fund Solutions signs a partnership with the DECALIA Circular Economy theme-based fund

As part of the partnership, the Bonhôte Fund Solutions investment pool has successfully raised USD 25 million for the DECALIA Circular Economy product, a ground-breaking equity fund dedicated to the circular economy revolution. Led by François Savary, a partner at Prime Partners, one of the pool’s core investors, and Steve Métrallet, the head of Bonhôte Fund Solutions, it reached its target in just a few weeks. The fund was launched in 2018 and has now more than CHF 70 million in assets under management.

DECALIA Circular Economy is the first (medium- to large-cap) equity fund exclusively dedicated to this area. The circular economy is a model based on the reuse, repair, refurbishment and recycling of existing materials and products. The movement was launched around a decade ago by the MacArthur Foundation and has now entered the mainstream consciousness. It looks set to be a key trend over the coming decades.

“At Prime Partners, we have been looking at this concept for six months now. Three years ago, we set up a theme-based investment segment, which consists of both third-party funds and our own investment vehicles. Our priority themes are education, digital transformation in the broad sense of the term, robotics, US infrastructure and now the circular economy – a central concern for both us and our clients,” emphasised  François Savary, CIO and a partner at Prime Partners.

“We are delighted with this, our first collaboration with Decalia Asset Management. The success of the fundraising is in part a testament to the synergies between the investors in our pool. We are very proud to be supporting a project firmly established in the responsible investment universe,” added Steve Métrallet, head of Bonhôte Fund Solutions.

We are very pleased about this collaboration with the Bonhôte Fund Solutions platform, and its vision fits perfectly with our core values. The fact that it is a partnership between highly renowned local Swiss partners is a real bonus,” concluded Xavier Guillon, Partner, Head of Decalia funds.

Backed by a group of investors from Western Switzerland, Bonhôte Fund Solutions, a service of Banque Bonhôte, established in 2016 a unique business model bringing together some 20 or so core institutional partners. Bonhôte Fund Solutions seeks to create value by identifying investment opportunities and selecting niche or distinctive funds, and it prioritises those pursing an active management approach.

About Banque Bonhôte & Cie SA

Banque Bonhôte & Cie SA, founded in 1815, can look back on a long tradition of expertise in financial and wealth management, its core business. The compact structure of the bank guarantees effectiveness, flexibility and rapid responses to volatile developments in the markets. Banque Bonhôte is headquartered in Neuchâtel and has branches in Bern, Biel/Bienne, Geneva, Lausanne and Soleure. It has almost one hundred employees.

About DECALIA Asset Management

Established in Geneva during 2014, DECALIA is a private and institutional management company. With 45 employees and CHF 3.9 billion in assets under management, DECALIA has expanded rapidly, in particular thanks to the active-management experience gained by its founders over the past 30 years. The strategies developed by DECALIA, most of which are available in UCITS format, focus on four investment themes considered to be promising in the long term: banking sector disintermediation in Europe, the quest for yield, new consumption trends and market inefficiencies. DECALIA is regulated by FINMA through a collective investment manager’s licence (LPCC). DECALIA is present in Geneva (head office), Zurich and Milan (Decalia AM, SIM SpA).

About Prime Partners S.A.

Prime Partners S.A., founded in 1998, is an independent wealth management company. It is based in Geneva and is owned by its partners. As a specialist in investment and wealth management, Prime Partners has built its business around asset allocation. Its open-architecture investment process places real emphasis on picking external investment vehicles and aims to avoid any conflicts of interest with our clients and to provide them with the greatest possible transparency.

Paying Agent in Switzerland : Banque Pictet & Cie SA, 60 route des Acacias, 1211 Genève, Switzerland

Legal Representative in Switzerland : FundPartner Solutions (Suisse) S.A., Route des Acacias 60, 1211 Genève, Switzerland