Press Release: Bellevue Group has completed its acquisition of StarCapital AG - further steps to expand the business being taken together

Bellevue Group AG / Bellevue Group has completed its acquisition of StarCapital AG - further steps to expand the business being taken together . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

-- The basic closing conditions for the acquisition have been met: Bellevue Group AG's capital increase was successfully concluded and the German financial regulator BaFin has ap-proved the transaction

-- Acquisition of StarCapital AG (StarCapital) retroactive as of January 1, 2016

-- Bellevue Group's assets under management increase to CHF 7.8 bn

-- Further strengthening of Group-wide presence in Germany from StarCapital's home base is now under way: Alexander Gerstadt to be appointed new CEO of StarCapital

After the successful conclusion of Bellevue Group's capital increase and the approval of German Federal Financial Supervisory Authority BaFin, Bellevue Group closed its acquisition of the German company StarCapital as planned on June 6, 2016. The acquisition of the specialized independent asset manager offering global bond, equity and mixed funds as well as ETF strategies is effective retroactively to January 1, 2016. Bellevue Group acquired the entire range of StarCapital's investment funds and services, encompassing approximately CHF 2.5 bn in client assets by the end of 2015. Bellevue Asset Management now manages CHF 7.8 bn in assets (as per January 1, 2016).

"StarCapital's well qualified and experienced team of experts truly enhances our profile. Thanks to its complementary investment competencies, we can selectively broaden and deepen the combined range of products and services we offer. This merger of strengths represents another milestone in the history of both companies and further diversifies the Group's revenue streams. After the successful completion of the transaction, we are all looking forward to carrying out the business development plans we have devised for the Oberursel site," remarks André Rüegg, the CEO of Bellevue Group and Chairman of StarCapital's Supervisory Board.

The Supervisory Board intends to appoint Alexander Gerstadt as the new CEO of StarCapital during the course of June 2016. In addition to his profound market expertise, Alexander Gerstadt has many years of marketing and distribution experience. Alexander Gerstadt is the former CEO of GAM (Germany). Prior to that he was a member of the Management Board of Bank Julius Bär (Germany). André Rüegg on this new recruitment: "With Alexander Gerstadt, we have acquired a highly recognized and talented expert in the German asset management business. His vast experience will help us to effectively leverage StarCapital and Bellevue Group's growth potential in Germany.

Contact:

Media Relations:

Jürg Stähelin, IRF Communications,

Telephone +41 43 244 81 51, juerg.staehelin@irfcom.ch

Investor Relations:

Daniel Koller, CFO Bellevue Group

Telephone +41 44 267 67 00, ir@bellevue.ch

Contact StarCapital:

Holger H. Gachot, Management Board, StarCapital AG

Telephone +49 6171 694 19 0, gachot@starcapital.de

Bellevue Group

Bellevue Group is an independent Swiss financial boutique listed on the SIX Swiss Exchange. Established in 1993, the company and its approximately 90 employees are specialists in the fields of Brokerage, Corporate Finance and Asset Management. Bellevue Group includes the two subsidiaries Bank am Bellevue and Bellevue Asset Management. The bank boasts superb knowledge of the Swiss stock and bond market and offers independent research opinions and recommendations as well as viable solutions for capital market transactions. Bellevue Asset Management is focused on selected active equity investment strategies in growing markets, in healthcare industries as well as in other special themes such as entrepreneur-led companies.

StarCapital AG

StarCapital was established in 1996 and offers its clients comprehensive wealth management solutions. Assets under management as of December 31, 2015 amount to CHF 2.5 bn. StarCapital's team relies on its many years of experience and its proprietary capital market research to deliver strong investment results. StarCapital fund managers have received numerous awards for outstanding performance. Fund strategies reflect the company's maxim of "Grasp the broader picture, seize the opportunities".

Media Release: http://hugin.info/137269/R/2018286/749094.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Bellevue Group AG via Globenewswire

HUG#2018286

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Bellevue Group AG

Seestrasse 16 Küsnacht/Zürich Switzerland

WKN: A0LG3Z;ISIN: CH0028422100;

http://www.bellevue.ch (END) Dow Jones Newswires

   June 06, 2016 12:06 ET (16:06 GMT)- - 12 06 PM EDT 06-06-16