Elsasser & Partner

Elsasser & Partner

Founded in 2002 by Bruno Elsasser, Elsasser & Partner operates as a multi-family office anchored in Zürich's fiduciary-services tradition. The firm grew out of a Swiss trust, tax, and asset-management practice, serving entrepreneurial families and their investment vehicles. Its client base includes Petróleos de Venezuela, S.A.' The firm deploys capital across a conservative multi-asset framework built for intergenerational wealth preservation. Its website emphasizes balance-sheet protection and long-term compounding over aggressive venture exposure. Portfolio construction integrates liquid and illiquid holdings, with real estate forming a visible allocation — Elsasser & Partner directly manages residential property through Bellis Immobilien AG and commercial property through 168 Immobilien GmbH, both domiciled at its Schanzeneggstrasse headquarters. The corporate-services arm, PDVSA AG, sits alongside these real-estate vehicles in the firm's Zürich structure. No fund-of-funds or club-deal vehicles are publicly disclosed. Elsasser & Partner operates from a single Zürich office. The governance triad of Bruno Elsasser as Managing Director, Jetmir Demiri as President of the Board, and Oliver Trunz as Deputy Managing Director concentrates decision-making in a tight circle of Swiss fiduciaries. Philanthropic structures include the ARKAT Stiftung and the Raymond Taverner-Stiftung, both domiciled in Switzerland and maintained as separate legal foundations. The firm is listed within professional networks as a verified multi-family-office profile, though it does not advertise membership in peer groups like Tiger 21 or R360. Elsasser & Partner's structural differentiator is its dual identity: a multi-family office built atop a corporate-fiduciary spine. Rather than competing on direct-investment volume or fund-commitment pacing, the firm's offering fuses asset management, estate planning, and corporate structuring — a configuration that allows it to serve both family capital and the Swiss subsidiaries of foreign state-owned enterprises under one roof. That hybrid mandate is unusual among Swiss multi-family offices, which typically separate fiduciary services from investment management.