Vontobel to acquire a minority stake in Ancala.

Vontobel, a Swiss private banking and investment management group, agreed to acquire a minority stake in Ancala, an investment service firm. Financial terms were not disclosed. “This stake in Ancala is an important milestone in the execution of our strategy. Providing access to the highly attractive private infrastructure market means clients can benefit from stable, uncorrelated and inflation-protected cash yields, and long-term value creation through Ancala’s active asset management and proprietary origination capabilities,” Christel Rendu de Lint, Vontobel Co-CEO.