Swiss Life

Alexander Bojer is appointed new CEO of Inacta AG as of January 2023

Retrieved on: 
Tuesday, November 8, 2022

ZUG, SWITZERLAND, Nov 8, 2022 - (ACN Newswire) - The Board of Directors of Inacta Group AG ("Inacta") has elected Alexander Bojer as a new member of Inacta's group management.

Key Points: 
  • ZUG, SWITZERLAND, Nov 8, 2022 - (ACN Newswire) - The Board of Directors of Inacta Group AG ("Inacta") has elected Alexander Bojer as a new member of Inacta's group management.
  • As CEO of Inacta AG, Alexander will continue to drive forward Inacta's core operating businesses of consulting and product development.
  • Marco Bumbacher will continue to manage the corporate functions of the Inacta Group and act as COO of Inacta AG.
  • The Inacta Group emerged from the fast-growing Inacta AG - an independent Swiss IT company founded in Zug in 2009.

DGAP-News: Investment company EMERAM: Portfolio company ]init[ acquires Swiss Ironforge Consulting AG and strengthens international public sector business

Retrieved on: 
Monday, September 5, 2022

Munich/Berlin, 5 September 2022: ]init[ AG fr digitale Kommunikation, a portfolio company of the investment companies EMERAM and Rivean Capital, is expanding its international public sector business with the acquisition of the Swiss company Ironforge Consulting AG.

Key Points: 
  • Munich/Berlin, 5 September 2022: ]init[ AG fr digitale Kommunikation, a portfolio company of the investment companies EMERAM and Rivean Capital, is expanding its international public sector business with the acquisition of the Swiss company Ironforge Consulting AG.
  • Since 1 September, ]init[ holds 100 per cent of the shares in Swiss IT consulting firm Ironforge.
  • Ironforge Consulting AG is an established player in the Swiss market since 2009 with 35 employees.
  • Ironforge Consulting AG is an independent IT consulting company based in Muri near Bern and a subsidiary of the German ]init[ AG fr digitale Kommunikation since September 2022.

DataBank Completes First Phase of Major Recapitalization

Retrieved on: 
Tuesday, August 30, 2022

DALLAS, Aug. 30, 2022 /PRNewswire/ -- DataBank, a leading provider of enterprise-class colocation, interconnection, and managed services, today announced the closing of its initial recapitalization led by  Swiss Life Asset Management AG ("SLAM"), EDF Invest ("EDF"), Northleaf Capital Partners, Ardian and CBRE Investment Management. Structured as a sale of ownership interests from existing investors for $1.5B, the new investor consortium will now own 35% of the fully-diluted equity interests in DataBank. The new investor group joins DigitalBridge, which remains invested in the company, as committed, long-term investors who will enable DataBank's aggressive plans for the decade ahead.

Key Points: 
  • Structured as a sale of ownership interests from existing investors for $1.5B, the new investor consortium will now own 35% of the fully-diluted equity interests in DataBank.
  • The recapitalization will enable DataBank to execute a plan that builds upon this industry-leading footprint and capitalizes on edge infrastructure growth in the U.S. for the next decade.
  • "We're excited to welcome this premier coalition of infrastructure investors to DataBank and know their vote of confidence is validation of DataBank's strategy," said Raul K. Martynek , DataBank's CEO.
  • DataBank was advised by Goldman Sachs as financial advisor and Proskauer Rose LLP as legal advisors.

DigitalBridge Completes First Stage of DataBank Recapitalization

Retrieved on: 
Monday, August 29, 2022

DigitalBridge Group, Inc. (NYSE: DBRG) (DigitalBridge or the Company) today announced the closing of the first stage of its previously announced recapitalization of its portfolio company DataBank, a leading nationwide edge data center platform.

Key Points: 
  • DigitalBridge Group, Inc. (NYSE: DBRG) (DigitalBridge or the Company) today announced the closing of the first stage of its previously announced recapitalization of its portfolio company DataBank, a leading nationwide edge data center platform.
  • New investors joined Swiss Life Asset Management AG (Swiss Life Asset Managers) and EDF Invest (EDF Invest), increasing the size of this initial stage.
  • In connection with the completion of this initial phase of the recapitalization, DigitalBridge received cash proceeds of $318 million, up from the $230 million initially expected, and its ownership in DataBank was reduced to 13.4%.
  • Subsequent stages of the recapitalization are expected to result in incremental new investors acquiring ownership interests in DataBank from existing investors, including DigitalBridge, prior to the anticipated completion of the recapitalization in the fourth quarter of 2022.

Swiss Life successfully places a Senior Bond totalling EUR 700 million

Retrieved on: 
Tuesday, August 23, 2022

The Swiss Life Group is one of Europe's leading comprehensive life and pensions and financial solutions providers.

Key Points: 
  • The Swiss Life Group is one of Europe's leading comprehensive life and pensions and financial solutions providers.
  • Swiss Life Asset Managers offers institutional and private investors access to investment and asset management solutions.
  • Swiss Life provides multinational corporations with employee benefits solutions and high net worth individuals with structured life and pensions products.
  • The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN).

Sygnum adds SBI and Prudential tech-heavyweightsto Board of Directors

Retrieved on: 
Tuesday, July 12, 2022

Zurich, 12 July 2022 Sygnum strengthens its core technology leadership team and digital transformation capabilities with the addition of two executives to its Board of Directors, Fernando Luis Vzquez Cao, CEO of SBI Digital Asset Holdings, and Al-Noor Ramji*, Tata Motors board member and former Prudential Chief Digital Officer.

Key Points: 
  • Zurich, 12 July 2022 Sygnum strengthens its core technology leadership team and digital transformation capabilities with the addition of two executives to its Board of Directors, Fernando Luis Vzquez Cao, CEO of SBI Digital Asset Holdings, and Al-Noor Ramji*, Tata Motors board member and former Prudential Chief Digital Officer.
  • He is also a board member of regulated financial institutions in Asia and Europe and the Cardano Foundation.
  • They join the experienced Sygnum Board comprised of Sygnum Co-Founder and Chairman Luka Mller, Vice-Chairwoman Gabriela Maria Payer, former MAS executive committee member Chua Kim Leng, Sygnum Co-Founder Manuel Krieger, Swiss Life board member Thomas Buess and former UBS Group CEO, Peter Wuffli.
  • Sygnum Co-Founder and Chairman Luka Mller adds, I am delighted to welcome Fernando and Al-Noor to the Sygnum Board and look forward to working with them to further strengthen our technology leadership, governance and innovation capabilities.

Databank Announces Major Recapitalization

Retrieved on: 
Friday, June 17, 2022

DALLAS, June 17, 2022 /PRNewswire/ -- DataBank, a leading provider of enterprise-class colocation, interconnection, and managed services, today announced a recapitalization led by long-term institutional investors Swiss Life Asset Management AG ("SLAM"), EDF Invest ("EDF") and current DataBank investor DigitalBridge. The initial stage of the recapitalization is being structured as a sale of ownership interests with SLAM and EDF acquiring 27% of the fully diluted equity interests in DataBank from existing investors for $1.2 billion.

Key Points: 
  • DALLAS, June 17, 2022 /PRNewswire/ -- DataBank , a leading provider of enterprise-class colocation, interconnection, and managed services, today announced a recapitalization led by long-term institutional investors Swiss Life Asset Management AG ("SLAM"), EDF Invest ("EDF")and current DataBank investor DigitalBridge.
  • The initial stage of the recapitalization is being structured as a sale of ownership interests with SLAM and EDF acquiring 27% of the fully diluted equity interests in DataBank from existing investors for $1.2 billion.
  • The transaction will enable DataBank to execute a 10-year plan that capitalizes on edge infrastructure growth in the U.S.
  • The recapitalization is also expected to result in additional new investors acquiring ownership interests in DataBank prior to the recapitalization's expected completion in the third quarter of 2022, subject to customary closing conditions and receipt of required regulatory approvals.

BVG operating account 2021: Swiss Life posts a successful financial year with its full range for corporate clients

Retrieved on: 
Tuesday, May 31, 2022

Swiss Life generated a positive operating result of CHF 124 million with its group insurance in the past financial year (2020: CHF 115 million).

Key Points: 
  • Swiss Life generated a positive operating result of CHF 124 million with its group insurance in the past financial year (2020: CHF 115 million).
  • With an increase in the number of insured persons to 512 503 (+1,5%) in occupational provisions, it again recorded portfolio growth.
  • Hans-Jakob Stahel, Head of Corporate Clients at Swiss Life Switzerland: "By continuing to focus on the healthy development of the group insurance portfolio, we are ensuring continuity and financial solidity for our corporate clients."
  • The full range for corporate clients with full insurance, semi-autonomous and risk reinsurance solutions, as well as services for pension funds, remains a strategic cornerstone for Swiss Life.

Freshfields Adds Former Chief of SDNY’s Complex Frauds and Cybercrime Unit Timothy T. Howard as Partner

Retrieved on: 
Monday, April 25, 2022

Mr. Howard joins from the United States Attorneys Office for the Southern District of New York, where he spent nearly 12 years in varied roles, most recently as Co-Chief of the Complex Frauds and Cybercrime Unit.

Key Points: 
  • Mr. Howard joins from the United States Attorneys Office for the Southern District of New York, where he spent nearly 12 years in varied roles, most recently as Co-Chief of the Complex Frauds and Cybercrime Unit.
  • At Freshfields, he will focus on white-collar and government regulatory investigations, with special attention to cybersecurity, data breaches and cryptocurrency fraud.
  • Our white-collar team is uniquely positioned to advise clients on these areas of global challenge, said Freshfields US Managing Partner Sarah K. Solum.
  • He virtually invented the cybercrime component of the Complex Frauds and Cybercrime Unit, and he will be a huge and immediate help to many clients facing cyber challenges and data breaches.

Swiss Life shareholders approve all resolutions proposed by the Board of Directors

Retrieved on: 
Saturday, April 23, 2022

Swiss Life Select, Tecis, Horbach, Proventus, Fincentrum and Chase de Vere advisors choose suitable products for customers from the market according to the Best Select approach.

Key Points: 
  • Swiss Life Select, Tecis, Horbach, Proventus, Fincentrum and Chase de Vere advisors choose suitable products for customers from the market according to the Best Select approach.
  • Swiss Life Asset Managers offers institutional and private investors access to investment and asset management solutions.
  • Swiss Life provides multinational corporations with employee benefits solutions and high net worth individuals with structured life and pensions products.
  • The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN).