Julius Baer To Withdraw From Institutional Brokerage And Refocus On Asset Management.

Business Wire | July 17, 2003 | Copyright

Business Editors

ZURICH, Switzerland--(BUSINESS WIRE)--July 17, 2003

Lightyear Capital to invest in the institutional brokerage

operations of Julius Baer

The Julius Baer Group wants to refocus on asset management and will therefore withdraw from institutional brokerage. This decision is motivated primarily by strategic considerations. Lightyear Capital, a U.S.-based private equity investment firm, will take over the institutional brokerage operations of Julius Baer. In order for Lightyear Capital to carry on the brokerage activities on a ...

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