Unigestion

Group CEO Fiona Frick, who joined the firm in 2008, leads executive management. Private equity investment decisions sit with co-heads Jérôme Teiletche and Alexandre Déruaz, who oversee the primary fund commitments, secondary acquisitions, and direct co-investment programs. The hedge fund and systematic equity strategies are managed by separate dedicated investment teams within the cross-asset division.

Unigestion sources private equity opportunities through a network of general partner relationships built over more than three decades of primary fund commitments across Europe, North America, and Asia. This network generates co-investment flow and secondary-deal visibility that the firm supplements with direct origination out of its Geneva, London, New York, and Singapore offices.

The private equity program spans primary fund commitments, secondary purchases of LP stakes, and direct co-investments. Primary commitments target small- and mid-market buyout and growth funds, while the secondary team acquires portfolios of fund interests — often from European financial institutions selling non-core assets. Co-investments are made alongside existing GP relationships.

Unigestion focuses on small- and mid-market buyout, growth equity, and lower-mid-market venture-stage managers. The firm tends to avoid large-cap buyouts and late-stage pre-IPO rounds, preferring segments where manager selection and early access drive return dispersion rather than pure beta exposure to the asset class.

Unigestion is an institutional asset manager, not a single-family office. It is majority employee-owned and manages pooled funds, separate accounts, and a Luxembourg SICAV range on behalf of pension funds, insurers, sovereign wealth funds, and wholesale distributors. The firm has never operated as a family office, though its Geneva founding pre-dates the consolidation wave that reshaped Swiss private banking.

Co-investment is an integral part of Unigestion's private equity strategy, offered alongside fund commitments. The firm co-invests directly alongside small- and mid-market general partners, typically targeting equity tickets that mirror the size of its primary fund allocations. Co-investment rights are sourced from its existing GP relationships rather than through syndicated processes.

Unigestion has always been independent. Founded in 1971 by a consortium of Swiss institutional investors, it later became employee-owned and remains so today. It is not a subsidiary of any Swiss bank, insurer, or listed financial group — a structure that sets it apart from competitors like Pictet Alternative Advisors or Partners Group.