As of October 2020, Credit Suisse spun off its Value Boutique from the asset management division and founded SG Value Partners AG. Sven Sommer acts as the new CEO of the company. Together with his long-time companion Gregor Trachsel, who acts as Chief Investment Officer, they worked for 12 years as the value team in senior portfolio management positions for Credit Suisse Asset Management. They are the anchor shareholders of the new company and Credit Suisse Asset Management is a strategic minority shareholder.
We have been managing portfolios together for over 17 years, in the form of mandates and funds for Swiss and international private and institutional clients. We have always followed a classic deep value approach based on the philosophy of Benjamin Graham and David Dodd. In doing so, we consciously move away from the entrenched investment paths and think countercyclically and for the long term.
The new SG Value Partners AG also acquires the former SIMAG, Systematic Investment Management AG, which offers proprietary quantitative investment solutions. This area will be continued under the leadership of Daniel Schmitt.
The Chairman of the Board of Directors of SG Value Partners AG will be Filippo Rima. He is Head of Equities in Asset Management and Deputy CEO of Credit Suisse Asset Management (Switzerland) Ltd. Board member Nicole Pauli is a University of St. Gallen graduate with many years of experience in management positions in international finance companies and is now a member of the Board of Directors of several companies in the same sector. The Board of Directors is completed by Gregor Trachsel.
The main goal of SG Value Partners AG is to expand the offering in the area of deep value investing and, simultaneously, featuring a more flexible and independent client relationship management.
We look forward to a lively exchange and interesting discussions in the future and wish you and your families a conciliatory conclusion to the special year 2020.
With kind greetings
Sven Sommer, CEO and Gregor Trachsel, CIO