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Advisers on Private Equity changes its name

Now into its fourth year of operation, the fund of funds firm has shortened its name to Adveq.

Swiss fund of funds firm Advisers on Private Equity has changed its name to Adveq.

Adveq, which was set up by managing directors Bruno E. Raschle, Dr. Andre P. Jaeggi and Dr. Peter Laib, employs 15 people. Raschle said: “The name change is the result of the accelerating global communication reality.”

The company has launched four fund-of-funds in its two investment programmes in Europe and the US since it was set up in 1997. It now manages over CHF1bn (E650m).