Pinsent Masons advised Schütz Family Office on the acquisition of Freie Internationale Sparkasse
09 Sep 2020 | 08:51 am |
Multinational law firm Pinsent Masons has advised Schütz Family Office on the acquisition of private bank Freie Internationale Sparkasse S.A..
Schütz Family Office (SFO) has acquired the Luxembourg-based private bank Freie Internationale Sparkasse S.A. (FIS) from Sparkasse Bremen AG. Pinsent Masons, under the direction of Dr. Markus J. Friedl, advised SFO on all legal aspects of the purchase agreement under German law.
Schütz Family Office is owned by Alexander Schütz, who is founder and CEO of Vienna-based C-Quadrat Investment Group (CQ), entrepreneur and member of the Supervisory Board of Deutsche Bank AG. CQ is the largest independent asset manager in Austria, with assets under management in excess of €8 billion.
FIS was originally founded by Sparkasse Bremen AG as a Luxembourg branch. Since 2001, FIS has been operating as an independent credit institution with a full banking license and primarily serves wealthy private clients as well as institutional clients. As of December 31, 2019, FIS had total assets of around €40 million and manages a total of around €600 million in assets. The seller, Sparkasse Bremen, is an independent savings bank with total assets of over €12 billion and more than 1,200 employees.
Latest press releases
Show me all press releasesEmployment Plus: Pinsent Masons launches enhanced employment law training and consultancy offering
Multinational law firm Pinsent Masons has today announced that the firm is integrating its Employment Law Plus and Brook Graham offerings to create a comprehensive ‘one-stop shop’ for clients’ employment law training and consultancy needs.
Pinsent Masons advises Lovell on landmark £1bn Druids Heath regeneration partnership
Multinational law firm Pinsent Masons has advised leading partnerships housing developer Lovell on its strategic partnership agreement with Birmingham City Council, marking a major step forward in the £1 billion regeneration of the Druids Heath estate in south Birmingham.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons continues to strengthen its Energy practice with the appointment of Lucía González as M&A Energy Partner
Pinsent Masons continues to enhance its Energy practice in Spain with the appointment of Lucía González as an M&A Energy Partner, further strengthening the Madrid-based team led by Hermenegildo Altozano.
Pinsent Masons hires financial services litigation partner Stuart Murdoch
Multinational law firm Pinsent Masons has appointed financial services litigation partner Stuart Murdoch to join its team in Edinburgh, strengthening the firm’s disputes capability for financial institutions, funds and insurers in the UK and internationally.
Pinsent Masons advises Taiwanese banks on funding for purchase of major Victorian industrial park
Multinational law firm Pinsent Masons has advised a syndication financing by KGI Bank Co., Ltd., acting as Facility Agent on the funding of the acquisition of the Scoresby Industrial Park by Hale Capital Partners. Taishin International Bank Ltd. participated in the transaction as Mandated Lead Arranger Bank.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]