SWI Group Emerges from Icona Capital and Stoneweg with €10 Billion in Assets

SWI Group: A New Era in Alternative Investments

In a significant move within the investment landscape, SWI Group has been formed through the collaboration of Icona Capital, based in London and Luxembourg, and Stoneweg, the Geneva-based real estate investment group. Together, they boast a combined asset management portfolio exceeding €10 billion, marking a pivotal moment in their operational strategy and market presence.

The inception of SWI Group is fueled by recent strategic acquisitions, notably the purchase of Cromwell Property Group's European fund management platform, which includes over €3.9 billion in real estate assets. This acquisition, completed for €280 million, adds not just significant value but also diversification to their investment approach. The new entity aims to leverage these assets to enhance institutional investment opportunities through a unified platform that integrates the strengths of both founding partners.

SWI Group's operational strategy is boldly divided into two distinct segments: Stoneweg Real Assets and Icona Alternatives. This structure allows the group to focus on a range of industries including living, hospitality, logistics, and real estate through Stoneweg Real Assets, while Icona Alternatives will delve into private equity, venture capital, and special situations among others.

The integration of the two firms has also attracted new management talent, which is crucial for refining SWI Group's strategic aims towards scalability, growth, and optimization of investment opportunities. With this new management team in place, SWI is set to enhance its operational capabilities significantly.

Max-Hervé George, who previously held the role of Chairman and CEO at Icona Capital, now leads as the Chairman and Co-CEO of SWI Group. He emphasizes the advantages brought by this merger, stating, "The creation of the SWI Group is a fundamental evolution that enhances the combined stature of Icona and Stoneweg. It establishes a compelling institutional investment platform characterized by global reach and local expertise, providing our clients with increasingly attractive opportunities."

Jaume Sabater, former CEO of Stoneweg, now steps into the role of Co-CEO at SWI Group and echoes George's sentiments, remarking on the synergy between the two businesses. He mentions the milestone acquisition from Cromwell and the strategic vision that will guide their path forward.

SWI Group's expansive footprint comprises over 350 professionals across 25 locations globally, including key markets in Europe, North America, and Singapore. This extensive network plays a crucial role in the efficacy of their asset management efforts, infused with local expertise and market knowledge.

As SWI Group strides forward, the amalgamation of its diverse strategies and the depth of its asset base is poised to attract significant institutional investment. The focus remains on optimizing returns through a rich blend of insights and localized talent, ensuring a forward-looking approach in the alternative investment landscape.

With more than €10 billion in assets under management, SWI Group is determined to establish its mark as a formidable player in the world of alternative investments, promising exciting prospects for clients and stakeholders alike.

In summary, the formation of SWI Group not only signifies a bold step in resource integration but also initiates a new chapter in investment strategies that prioritize both scalability and innovation in pursuit of maximum returns in the evolving market.