London, 10 March 2022 – Candriam, a global multi-asset manager focused on sustainable and responsible investing, has announced the appointment of Jörg Allenspach as Global Head of Private Assets Distribution, which is in addition to his current role as Head of Candriam Switzerland.
This appointment reflects Candriam’s continued expansion and commitment to providing clients with alternatives and illiquid private markets investment opportunities. In December 2020, Candriam announced a new partnership with European private debt specialist Kartesia, which complements its acquisition of Rothschild & Co. Europe’s alternative multi-management unit in July 2020 and a stake in real estate investment manager Tristan Capital Partners in 2018. Candriam also collaborates closely with its affiliated New York Life Investments boutiques to introduce their US focused real estate, private equity and private debt funds to institutional investors across its markets.
In this newly created role, Jörg Allenspach will be responsible for accelerating the development of Candriam’s global offering and providing clients with a full suite of private asset investment solutions, including real estate, private equity and private debt.
Jörg Allenspach will continue to be responsible for Candriam’s activities in Switzerland, which have seen AuM growth triple over the last five years, exceeding 5 billion CHF.
Renato Guerriero, Chief Sales & Distribution Officer of Candriam, said: “Investment opportunities are constantly evolving and Candriam has strategically decided to provide our clients with an expanding range of products and services in the private asset investment space. Our aim is to meet our clients’ needs in the most efficient way– by ensuring high quality interactions and discussions at all relationship levels. Jörg, who has a long dated experience in this field and has been instrumental in the development of Candriam’s Swiss business, is very well suited to successfully drive our endeavours in this competitive arena. ”
Jörg Allenspach added: “Candriam is very well positioned to offer its clients an attractive and holistic spectrum of private asset investment opportunities. Candriam provides a deep focus on impact and sustainability, and, together with New York Life Investments, we combine a long term investment approach, and strong private asset investment solutions capabilities– all characteristics that are essential for successfully investing in private asset investments.”
Professional Biography – Jörg Allenspach
Jörg Allenspach has over 25 years of experience in financial services, private markets and business development. Before joining Candriam in 2018 he held senior positions at Swiss RE and BlackRock.