The origin of Vescore Group is in the vicinity of the University of St. Gallen (HSG), where Vescore Solutions AG was founded in January 1998 by Prof. Dr. Heinz Zimmermann and Dr. Peter Oertmann. The parent company today comprises the main cross-sectional functions, the investment office, business relations to our global product partners, as well as client relations in Switzerland.
Since 2001 Vescore has a 100% subsidiary in Munich. Vescore Deutschland GmbH focuses on portfolio management for EU-based special fund clients, system development, and on distribution and customer service for Germany and other countries of the EU. Vescore Deutschland GmbH is a financial services institution supervised by the German Financial Supervisory Authority (BaFin) and is in possession of the licence for financial portfolio management required under sect. 1 sub-section 1a no. 3 of the German Banking Act.
In 2003, Vescore Solutions AG participated in the establishment of the LPX Group. As a financial services provider in the segment of alternative investment classes, the Zurich-based LPX Group specialises in listed private equity and infrastructure. Vescore holds a 22% share in the LPX Group.
In 2005, Vescore oversaw the establishment of CYD Research GmbH, a Zurich-based company specialising in intelligent commodity indices and active investment strategies in commodity futures. CYD Research GmbH is a 100% subsidiary of Vescore Solutions AG.