After selling its asset management company Vescore Ltd to Vontobel Holding AG in 2016, Raiffeisen Schweiz Genossenschaft was left with a 18% participation in Geneva based asset manager Dynagest SA, a Geneva-based asset management firm. Due to the lack of synergies between Raiffeisen and Dynagest, Raiffeisen decided to divest its participation in Dynagest. The participation was sold to certain private individuals which were already shareholders of Dynagest.
The transaction closed on 28. March 2018.