Deals & Cases

Schellenberg Wittmer advises Carne in the transfer of the third-party Fund Management Services from GAM


GAM has transferred its third-party Fund Management Services business to Carne Group with effect from 1st February 2024. Carne is a leading provider of third-party fund management services.

For this purpose Carne Global Fund Managers (Switzerland) Ltd was incorporated in Switzerland and obtained the authorisation from FINMA as Fund Management Company ("Fondsleitung") and Representative of foreign collective investment schemes. The change of Fund Management Company for the Swiss funds and the change of Representative for the foreign funds have also been approved by FINMA. This transfer creates a new major Fund Management Company in the Swiss landscape.

Schellenberg Wittmer advised Carne in all Swiss strategic, regulatory contractual, corporate and transactional matters related to the regulatory approvals and transfer of the third-party Fund Management Services.

The team was led by Caroline Clemetson (Partner, Banking & Finance, Investment Management) and included Joane Etienne (Counsel, Banking & Finance, Investment Management), Andrea Andelic (Associate, Banking & Finance, Investment Management), Dominic Wälchli (Associate, Banking & Finance, Investment Management), Fabio Elsener (Senior Associate, Banking & Finance, Investment Management), Dany Sousa Ribeiro (Associate, Banking & Finance, Investment Management), Josef Caleff (Partner, M&A), Lorenzo Olgiati (Partner M&A), Elia Schunck (Senior Associate, M&A), Christine Beusch (Of Counsel, Employment), Michael Hess (Counsel, Employment), Selena Beschle (Associate, Employment), David Mamane (Partner, Competition and Antitrust ), Roland Mathys (Partner, Data), Amalie Wijesundera (Senior Associate, Data), Michael Nordin and Roland Wild (both Partners, Taxation).



Stay up to date!

*Required fields

Newsletters & Newsflashes

Monthly selected key topics from our practice areas, sectors and industries, plus newsflashes on recent developments.


Monthly email with the latest updates and summaries of the Swiss Federal Supreme Court's case law in arbitration matters.
Regular insights into Swiss and international trends and legal developments in the construction industry.
Regular insights and updates on key developments in the rapidly changing landscape of Environmental, Social and Corporate Governance disputes.
Concise analysis of key trends in the fast-moving world of corporate governance for board members of Swiss companies.
A regular look from a unique M&A perspective at legal changes, economic developments and societal trends in Switzerland.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.