ZKB acquires cosmofunding platform from Vontobel
Zürcher Kantonalbank (ZKB) has entered into an agreement with Vontobel to acquire the capital markets platform cosmofunding, the leading fully automated portal for the public and private debt capital market. With this strategic acquisition, ZKB strengthens its market leadership in Swiss bond transactions, significantly expands its position in private placements, and reinforces the digitalisation of its conventional offerings in this segment over the medium term. cosmofunding efficiently, transparently and fully automatically connects issuers with a broad range of financing partners.
Niederer Kraft Frey acted as legal advisor to ZKB in this transaction. The NKF team was co-led by Transactions partners Philip Spoerlé and Andrea Giger, working with associate Carlotta Ulmer and junior associates Caterina Moor (both Transactions), partner Janine Reudt-Demont and associate Luisa Egli (both IP/IT), partner Simon Bühler and associate Reto Seiler (both Regulatory), associate Stephanie Huchler (Employment), as well as partner Nicolas Birkhäuser (Antitrust).