Bellevue Group

{{Short description|Swiss investment management corporation}} {{Infobox company | name = Bellevue Group AG | logo = Bellevue Group Logo 2022.svg | logo_size = 220px | logo_alt = | image = | image_caption = | type = Public | traded_as = {{unbulleted list | {{SIX Swiss Exchange|BBN}} | SPI component<ref name=SIX_BBN>{{Cite web|url=https://www.six-group.com/de/products-services/the-swiss-stock-exchange/market-data/shares/share-explorer/share-details.CH0028422100CHF4.html#/|title=Bellevue Group N|publisher=SIX Swiss Exchange|access-date=28 September 2023}}</ref> }} | ISIN = {{ISIN|sl=n|pl=y|CH0028422100 }}<ref name=ISIN>{{Cite web|url=https://isin.toolforge.org/?language=de&isin=CH0028422100|title=ISIN: CH0028422100|access-date=28 September 2023}}</ref> | industry = Investment management | founded = {{Start date and age|1993}}<ref name=Bloomberg>{{Cite web|url=https://www.bloomberg.com/profile/company/BBN:SW#xj4y7vzkg |title=Bellevue Group|publisher=Bloomberg|access-date=28 September 2023}}</ref> | founders = {{Unbulleted list|Martin Bisang, Jürg Schäppi, Hans-Jörg Graf, Daniel Schlatter, Dieter Albrecht, Ernst Müller-Möhl}} | hq_location = Zurich, Switzerland | area_served = Worldwide | key_people = *Veit de Maddalena (CEO and Chairman) *Markus Peter (CEO Bellevue Asset Management) | products = Investment funds, active ETFs, investment companies as well as institutional mandates; investments in healthcare, small and mid cap entreprises, multi asset and bonds. | revenue = {{decrease}} CHF 52.6 million (2025) | net_income = {{decrease}} CHF 9.2 million (2025) | aum = {{decrease}} CHF 5.8 billion (2025) | assets = | equity = | num_employees = approx. 75 (2025) | subsid = | homepage = {{URL|https://www.bellevue.ch/}} | footnotes =<ref name="AR2025" /> }} thumb|Globus/Bellevue, outside view '''Bellevue Group AG''', headquartered in Zurich, is a listed investment management corporation based in Switzerland.<ref>{{Cite web |title=Bellevue Group AG, Küsnacht, Schweiz |url=https://www.northdata.de/Bellevue+Group+AG,+K%C3%BCsnacht/CHE-103.354.475 |access-date=2024-10-29 |website=North Data}}</ref> The company is active in the areas of healthcare investments, investments in small and medium-sized enterprises, as well as multi asset and bonds.<ref>{{Cite web |date=2024 |title=Bellevue Asset Management (Deutschland) GmbH |url=https://vuv.de/vermoegensverwalter/bellevue-asset-management-deutschland-gmbh-frankfurt/ |access-date=2024-10-31 |website=Verband unabhängiger Vermögensverwalter e.V.}}</ref><ref>{{Cite web |title=Top Fonds der Kategorie Anleihen |url=https://www.fondsprofessionell.at/fonds/sektortopfonds/fondsName/Bellevue-Funds-Lux--Bellevue-Global-Income-B-EUR--Accumulating/ISIN/LU2382177330/fondsID/FU_100094071/ |access-date=2024-10-31 |website=Fonds online}}</ref><ref name=":2">{{Cite web |date=2021-02-03 |title=Bellevue lanciert KMU-Fonds |url=https://www.fuw.ch/article/bellevue-lanciert-kmu-fonds |access-date=2024-10-30 |website=Finanz & Wirtschaft}}</ref> In 2025, the company generated revenue of CHF 52.6 million.<ref name="AR2025">{{Cite web |title=Annual Report 2025 |url=https://report.bellevue.ch/2025/en/download-center |access-date=2026-03-30 |website=Bellevue Group AG}}</ref> == History == === 1990s and 2000s === The group was founded in 1993 by Martin Bisang, Jürg Schäppi, Hans-Jörg Graf, Daniel Schlatter, and Dieter Albrecht. Martin Bisang is still the largest shareholder. Through its subsidiary ''Bank am Bellevue'' the group became an important provider in brokerage and block deals on the Swiss market.<ref>{{Cite web |last=Nolmans |first=Erik |date=2019-09-02 |title=Bellevue Group: Ein Abstieg in Raten |url=https://www.handelszeitung.ch/unternehmen/bankgruppe-bellevue-group-ein-abstieg-in-raten-262340 |access-date=2024-10-29 |website=Handelszeitung}}</ref><ref>{{Cite web |last=Nolmans |first=Erik |date=2024-10-11 |title=Viel los beim Ehepaar Staub-Bisang |url=https://www.handelszeitung.ch/bilanz/viel-los-beim-ehepaar-staub-bisang-755908 |access-date=2024-10-29 |website=Handelszeitung}}</ref> Swissfirst AG, which was also founded in 1993, became part of Bellevue Group in December 2006, and later merged into Bellevue Group.<ref>{{Cite web |last=Carpy |first=Yves |date=2012-01-03 |title=Die Bellevue Group ist wieder ganz die Alte |url=https://www.blick.ch/news/wirtschaft/swissfirstsumpf/der-name-swissfirst-verschwindet-die-bellevue-group-ist-wieder-ganz-die-alte-id121040.html |archive-url=https://web.archive.org/web/20180702233215/https://www.blick.ch/news/wirtschaft/swissfirstsumpf/der-name-swissfirst-verschwindet-die-bellevue-group-ist-wieder-ganz-die-alte-id121040.html |archive-date=2018-07-02 |access-date=2024-10-29 |website=Blick}}</ref> === 2010s === In the first half of the 2010s, Bellevue Group persistently declining profit margins and thus amended their strategy to focus on institutional asset management.<ref>{{Cite web |last=Gallarotti |first=Ermes |date=2015-03-27 |title=Neubeginn nach der grossen Ratlosigkeit |url=https://www.nzz.ch/wirtschaft/neubeginn-nach-der-grossen-ratlosigkeit-ld.772480 |access-date=2024-10-29 |website=Neue Zürcher Zeitung}}</ref> In 2014, Bellevue Group acquired the investment funds Adamant Biomedical Investments from Zurich Cantonal Bank. The merger of Bellevue Asset Management and Adamant took place on 1 January 2015. As a result of the acquisition, the assets under management increased by CHF 831 million to CHF 3.9 billion.<ref>{{Cite web |date=2014-09-05 |title=Bellevue Group übernimmt Adamant Biomedical von der ZKB |url=https://www.nzz.ch/wirtschaft/newsticker/bellevue-group-uebernimmt-adamant-biomedical-von-der-zkb-ld.737404 |access-date=2024-10-29 |website=Neue Zürcher Zeitung}}</ref> With the acquisition of the asset manager StarCapital AG in 2016, founded in 1996 and based in the Frankfurt am Main area, for an estimated CHF 30 to 40 million, the Bellevue Group aimed to increase its presence in Germany.<ref>{{Cite web |last=Gallarotti |first=Ermes |date=2016-02-23 |title=Zukauf der Bellevue Group im Asset Management |url=https://www.nzz.ch/wirtschaft/unternehmen/zukauf-der-bellevue-group-im-asset-management-ld.100833 |access-date=2024-10-29 |website=Neue Zürcher Zeitung}}</ref><ref>{{Cite web |last=Debrebant |first=Serge |date=2022-03-01 |title=StarCapital kriegt neuen Namen und neues Büro |url=https://citywire.com/de/news/starcapital-kriegt-neuen-namen-und-neues-b%C3%BCro/a2381095 |access-date=2024-10-29 |website=CityWire}}</ref> The acquisition included their product range with managed client assets of around CHF 2.5 billion,<ref>{{Cite web |date=2016-02-23 |title=Bellevue will deutsche Starcapital übernehmen |url=https://www.fuw.ch/article/bellevue-will-deutsche-starcapital-ubernehmen |access-date=2024-10-29 |website=Finanz & Wirtschaft}}</ref> consisting of ETF strategies as well as global equity, bond, and asset management funds.<ref>{{Cite web |date=2016-02-23 |title=Überraschende Übernahme: Bellevue kauft Starcapital |url=https://www.fondsprofessionell.de/news/vertrieb/headline/ueberraschende-uebernahme-bellevue-kauft-starcapital-123522/ |access-date=2024-10-29 |website=Fonds online}}</ref> As part of restructuring and refocusing, Bellevue Group discontinued its brokerage and corporate finance activities in 2017.<ref>{{Cite web |last=Hegglin |first=Monica |date=2017-02-22 |title=Sang- und klangloses Ende des Bellevue-Brokerage |url=https://www.fuw.ch/article/bellevue-gibt-brokerage-und-corporate-finance-auf |access-date=2024-10-30 |website=Finanz & Wirtschaft}}</ref> Effective 1 January 2018, Bellevue Group's subsidiary StarCapital acquired the German investment company ''Mars Asset Management'' to expand its business with institutional investors.<ref>{{Cite web |last=Harms |first=Andreas |date=2018-04-27 |title=Starcapitals geschickter Schachzug |url=https://www.dasinvestment.com/geplante-uebernahme-starcapitals-geschickter-schachzug/ |access-date=2024-10-29 |website=Das Investment}}</ref><ref name=":3">{{Cite web |date=2018-06-29 |title=StarCapital schließt Übernahme von MARS Asset Management GmbH erfolgreich ab |url=https://www.boerse.de/nachrichten/StarCapital-schliesst-Uebernahme-von-MARS-Asset-Management-GmbH-erfolgreich-ab-Fondsnews/7924460 |archive-url=https://web.archive.org/web/20201207030151/https://www.boerse.de/nachrichten/StarCapital-schliesst-Uebernahme-von-MARS-Asset-Management-GmbH-erfolgreich-ab-Fondsnews/7924460 |archive-date=2020-12-07 |access-date=2024-10-29 |website=Boerse.de}}</ref> Together with the client assets managed by Mars Asset Management amounting to €320 million (approximately CHF 370 million),<ref>{{Cite web |last=Schnattinger |first=Frank |date=2018-07-01 |title=StarCapital schließt Übernahme von Mars Asset Management ab |url=https://www.institutional-investment.de/content/am-reports/starcapital-schliesst-uebernahme-von-mars-asset-management-ab.html |access-date=2024-10-29 |website=IPE}}</ref> the total managed assets in the area of rule-based strategies rose to over €0.5 billion (CHF 0.47 billion) following the acquisition.<ref name=":3" /> In 2018, the venture capital fund ''BB Pureos Bioventures'' was established,<ref>{{Cite web |last=Torcasso |first=David |date=2018-02-18 |title=Bellevue Group setzt mit neuem Fonds auf Biotech |url=https://www.handelszeitung.ch/unternehmen/bellevue-group-setzt-mit-neuem-fonds-auf-biotech |access-date=2024-10-30 |website=Handelszeitung}}</ref> which is registered on the Channel Island of Guernsey and focuses on the development of new biological active substances for medicines targeting indications with high medical need such as nucleic acid, cell- and gene therapies.<ref>{{Cite web |last=Gabrielczyk |first=Thomas |date=2020-09-23 |title=Pureos Bioventures closes US$170m fund |url=https://european-biotechnology.com/latest-news/pureos-bioventures-closes-us170m-fund/ |access-date=2024-10-30 |website=European Biotechnology Life Science and Industry Magazine}}</ref><ref name="PureosMC">{{Cite web |date=22 April 2021 |title=Bellevue Asset Management: Pureos Bioventures expands fund size to USD 205 million |url=https://www.moneycab.com/finanz/bellevue-asset-management-pureos-bioventures-expands-fund-size-to-usd-205-million/ |access-date=28 September 2023 |publisher=Moneycab}}</ref><ref>{{Cite web |title=Pureos Bioventures 2 GP (Guernsey) Ltd., St. Peter Port, Guernsey |url=https://www.northdata.com/Pureos+Bioventures+2+GP+%28Guernsey%29+Ltd.,+St.+Peter+Port/GG-CMP70947 |access-date=2024-10-31 |website=North Data}}</ref> Also in 2018, Bellevue Group launched the ''BB Adamant Sustainable Healthcare'' fund.<ref>{{Cite web |date=2024-10-29 |title=Bellevue Funds (Lux) Bellevue Sustainable Healthcare B Fonds |url=https://www.finanzen.net/fonds/bellevue-funds-lux-bellevue-sustainable-healthcare-b-lu1819585537 |access-date=2024-10-31 |website=Finanzen.net}}</ref> In 2019, Bellevue Group sold its stake in the ''Swiss stock exchange'' ''SIX Group'' to ''Credit Suisse''.<ref>{{Cite web |last=Büsser |first=Harry |date=2022-10-18 |title=Das Geld ist schneller weg, als neues Kapital aufgetrieben werden kann |url=https://www.handelszeitung.ch/unternehmen/credit-suisse-pruft-verkauf-von-beteiligungen-geld-ist-schneller-weg-als-neues-kapital-aufgetrieben-werden-kann-539785 |access-date=2024-10-30 |website=Handelszeitung}}</ref> In the same year, the ''Private Market Investments'' division was established within the group,<ref>{{Cite web |date=2019-06-12 |title=Bellevue Gruppe übernimmt Private-Equity-Boutique Adbodmer |url=https://www.cash.ch/borsen-ticker/unternehmen/bellevue-gruppe-ubernimmt-private-equity-boutique-adbodmer-422627 |access-date=2024-10-30 |website=Cash}}</ref> through which the business areas private equity and private equity funds were added.<ref>{{Cite web |date=2019-07-19 |title=Bellevue Group schliesst Übernahme der PE-Spezialistin Adbodmer ab |url=https://www.cash.ch/news/boersenticker-firmen/bellevue-group-schliesst-uebernahme-der-pe-spezialistin-adbodmer-ab-1368646 |access-date=2024-10-30 |website=Cash}}</ref> In this context, the ''Adbodmer AG'', founded in 2001 by Adriana Ospel-Bodmer, the wife of former UBS President Marcel Ospel,<ref>{{Cite web |date=2020-06-12 |title=Witwe und dritte Ehefrau von Ex-UBS-Chef Marcel Ospel will in den Bankrat der Schwyzer Kantonalbank |url=https://www.luzernerzeitung.ch/wirtschaft/witwe-und-dritte-ehefrau-von-ex-ubs-chef-marcel-ospel-will-in-den-bankrat-der-schwyzer-kantonalbank-ld.1228407 |access-date=2024-10-30 |website=Luzerner Zeitung}}</ref> became part of the Bellevue Group.<ref>{{Cite web |date=2019-06-12 |title=Adriana Ospel-Bodmer verkauft Firma an Bellevue Group |url=https://www.nzz.ch/wirtschaft/adriana-ospel-bodmer-verkauft-firma-an-bellevue-group-ld.1488610 |access-date=2024-10-30 |website=Neue Zürcher Zeitung}}</ref> In 2019, the subsidiary Bank am Bellevue was sold to the Luxembourg ''KBL Group'', thereby abandoning the private client business that had been built up in previous years.<ref>{{Cite web |last=Krähenbühl |first=Stefan |date=2019-08-20 |title=Bellevue wird durch Verkauf ihrer Bank attraktiver |url=https://www.fuw.ch/article/bellevue-wird-durch-verkauf-ihrer-bank-attraktiver |access-date=2019-08-20 |website=Finanz & Wirtschaft}}</ref> KBL (''Quintet Private Bank'' since 2020) took over both the staff and the client base, managing assets of CHF 1.6 billion.<ref>{{Cite web |date=2020-05-04 |title=Bellevue Group: Verkauf der Bank am Bellevue abgeschlossen |url=https://www.schweizeraktien.net/blog/2020/05/04/bellevue-group-verkauf-der-bank-am-bellevue-abgeschlossen-36779/ |access-date=2024-10-30 |website=Schweizer Aktien}}</ref> With the sale, Bellevue became a pure asset manager.<ref>{{Cite web |date=2020-05-04 |title=Bellevue : schliesst Verkauf der Bank an Quintet erfolgreich ab |url=https://de.marketscreener.com/kurs/aktie/BELLEVUE-GROUP-AG-219478/news/Bellevue-schliesst-Verkauf-der-Bank-an-Quintet-erfolgreich-ab-30531269/ |access-date=2024-10-30 |website=Market Screener}}</ref><ref name="Finews_Transformation">{{Cite web |last=Hody |first=Peter |date=2023-03-02 |title=Bellevue Group: Shareholder-Friendly Writedowns |url=https://www.finews.com/news/english-news/45275-bellevue-andre-rueegg-transformation-starcapital-dividend |access-date=2023-09-28 |website=Finews |publisher=Finews}}</ref> === 2020s === With the onset of the COVID-19 pandemic in spring 2020, there was a heightened demand for investments in the health sector, and the operating result increased by around 15% to CHF 17.5 million in the first half of 2020.<ref>{{Cite web |date=2020-07-30 |title=Bellevue : steigert das operative Ergebnis um rund 15% auf CHF 17.5 Mio. – Healthcare-Strategien erfreuen sich grosser Nachfrage |url=https://de.marketscreener.com/kurs/aktie/BELLEVUE-GROUP-AG-219478/news/Bellevue-steigert-das-operative-Ergebnis-um-rund-15-auf-CHF-17-5-Mio-Healthcare-Strategien-erf-31017701/ |access-date=2024-10-30 |website=Market Screener}}</ref> In 2021, the company achieved its best-ever results, with a revenue of CHF 140.6 million and a profit of CHF 43.1 million, representing a 93% increase in net profit.<ref>{{Cite web |date=2022-01-27 |title=Bellevue Gruppe verdoppelt Gewinn nahezu und erhöht ordentliche Dividende |url=https://www.moneycab.com/finanz/bellevue-group-verdoppelt-gewinn-nahezu/ |access-date=2024-10-30 |website=Moneycab}}</ref> Primarily due to rising interest rates, which also affected small biotech companies in which the Bellevue Group invests, the market conditions weakened again in 2022. In 2023, the company's profit was CHF 8 million, which was primarily attributed to the investment slump in the healthcare sector.<ref name=":1">{{Cite web |last=Ferber |first=Michael |last2=Feldges |first2=Dominik |date=2023-08-29 |title=Bellevue Group braucht neuen Schwung – den soll ein Credit-Suisse-Banker bringen |url=https://www.nzz.ch/finanzen/bellevue-group-neuer-chef-soll-wachstum-bringen-ld.1753589 |access-date=2024-10-30 |website=Neue Zürcher Zeitung}}</ref> In 2022, Star Capital was integrated into Bellevue Group<ref>{{Cite web |date=2022-03-03 |title=StarCapital wird endgültig zu Bellevue |url=https://www.asscompact.de/nachrichten/starcapital-wird-endg%C3%BCltig-zu-bellevue |access-date=2024-10-30 |website=Ass Compact}}</ref> with Bellevue's German business entirely managed from Frankfurt from this point on.<ref name="Brokerage_Strategist">{{Cite web |date=23 June 2022 |title=Former UBS Investment Strategist Joins Bellevue |url=https://www.finews.com/news/english-news/52034-bellevue-asset-management-germany-gert-heinz-manfred-schlumberger-andre-rueegg |access-date=28 September 2023 |publisher=Finews}}</ref> After former owner Peter Huber had left the company, assets under management were considerably reduced.<ref name="Finews_Transformation" /> In the same year, Bellevue Group started to expand into Asia.<ref>{{Cite web |last=Baumann |first=Claude |date=2022-11-07 |title=Florin Boetschi: "Singapore is our first regional presence in Asia" |url=https://www.finews.asia/finance/37991-bellevue-asset-management-asien-expansion-singapur-florin-boetschi |access-date=2024-10-30 |website=Finews}}</ref> In November 2023, the Bellevue Group launched the globally oriented equity fund ''Bellevue Obesity Solutions'', consisting of companies in the fields of nutrition and exercise that are addressing obesity; the idea behind the establishment of Bellevue Obesity Solutions is that, due to the growing obesity rates in the global population, this market will gain relevance over the next decade.<ref>{{Cite web |last=Morrison |first=Max |date=2023-11-22 |title=Bellevue Asset Management startet Fonds gegen Übergewicht |url=https://www.private-banking-magazin.de/bellevue-asset-management-startet-fonds-gegen-uebergewicht/ |access-date=2024-10-30 |website=Private Banking Magazin}}</ref> Additionally, the fund ''Bellevue AI Health'' (Lux) was launched, which focuses on generative artificial intelligence (GenAI) and the investment opportunities arising from it in the healthcare sector.<ref>{{Cite web |last=Welzel |first=Christof |date=2024-04-09 |title=Bellevue AI Health: Wie künstliche Intelligenz den Gesundheitssektor revolutioniert |url=https://www.fondsdiscount.de/magazin/news/wie-k-nstliche-intelligenz-den-gesundheitssektor-revolutioni-7915/ |access-date=2024-10-30 |website=Fondsdiscount.de}}</ref> Since June 2025, Veit de Maddalena has been chairman and CEO of Bellevue Group. Previously, Gebhard Giselbrecht served as the CEO. Before that, he worked at Credit Suisse. Giselbrecht had succeeded André Rüegg, who had held the position for eight years prior to him.<ref name=":1" /> The position of Chief Financial Officer was filled by Stefano Montalbano, starting in March 2024.<ref>{{Cite web |date=2023-11-23 |title=Bellevue Group: Stefano Montalbano wird neuer Finanzchef |url=https://www.schweizeraktien.net/blog/2023/11/23/bellevue-group-stefano-montalbano-wird-neuer-finanzchef-60357/ |website=Schweizer Aktien.net}}</ref> As of June 2025, Markus Peter, who previously served as the Head Investments at Bellevue Group from 2009, and as a member of the Group Executive Board since 2024, has been appointed as CEO of Bellevue Asset Management, the largest operational subsidiary of Bellevue Group.<ref name="y047">{{cite web | title=Führungswechsel bei der Bellevue Group – sukzessive Schärfung des Geschäftsmodells – Halbjahresresultat voraussichtlich deutlich tiefer als Vorjahr | website=Bellevue Group AG - Asset Management | date=2025-02-25 | url=https://www.bellevue.ch/ch-de/private/investor-relations/corporate-news/fuehrungswechsel-bei-der-bellevue-group-sukzessive-schaerfung-des-geschaeftsmodells-halbjahresresultat-voraussichtlich-deutlich-tiefer-als-vorjahr | language=de | access-date=2025-06-26}}</ref> In September 2025, Bellevue launched its first actively managed healthcare ETF, which provides exposure to the healthcare asset class through an exchange-traded investment vehicle.<ref>{{Cite web |url=https://www.dasinvestment.com/gesundheit-trifft-rendite-die-healthcare-expertise-von-bellevue-in-einem/ |title=Gesundheit trifft Rendite: Die Healthcare-Expertise von Bellevue in einem aktiven ETF |work=DasInvestment |date=2025-09-29 |language=de |access-date=2026-03-30}}</ref> == Business activities == Bellevue Group's main subsidiaries are ''Bellevue Asset Management'' and ''Bellevue Private Markets''. Bellevue Group employs around 75 people and has CHF 5.3 billion assets under management (as of 2025).<ref name="AR2025" /> === Asset management and investments in the healthcare sector === Bellevue Group is among the largest investors in the healthcare segment worldwide. As of 2025, around 88% of clients' assets are in healthcare investments.<ref name="AR2025" /><ref name="investorschronicle">{{Cite web |last=McDougall |first=Mary |date=11 April 2022 |title=Bellevue's Paul Major: investing to solve healthcare problems |url=https://www.investorschronicle.co.uk/news/2022/04/11/bellevue-s-paul-major-investing-to-solve-healthcare-problems/ |access-date=2024-10-29 |publisher=Investors' Chronicle}}</ref> One of the Bellevue Asset Management teams manages the ''BB Biotech'' investment company.<ref>{{Cite web |date=2023-11-21 |title=30 Jahre BB Biotech |url=https://www.geld-magazin.at/30-jahre-bb-biotech/ |access-date=2024-10-29 |website=Geld Magazin}}</ref> The former investment company ''BB Medtech'', which was converted into an equity fund at the end of September 2009, is also managed by ''Bellevue Asset Management''.<ref>{{Cite web |title=Bellevue Funds (Lux) Bellevue Medtech & Services |url=https://markets.ft.com/data/funds/tearsheet/summary?s=lu0415391431:eur |access-date=2024-10-29 |website=Financial Times}}</ref> === Private equity === Bellevue Group is also active in alternative investments and private equity.<ref>{{Cite web |last=Hürlimann |first=Beat |date=2021-08-23 |title=Bellevue – Schärfung der Markenidentität, Vernetzung im Webauftritt |url=https://www.horizont.net/schweiz/nachrichten/jung-von-matt-brand-identity-und-jung-von-matt-tech-bellevue--schaerfung-der-markenidentitaet-vernetzung-im-webauftritt-193812 |access-date=2024-10-29 |website=Horizont}}</ref> With the launch of the vehicle ''Bellevue Entrepreneur Private'' in early 2021,<ref name=":2" /> the group offers a fund for small and medium-sized Swiss companies in the private equity sector, which co-invests alongside entrepreneurial families.<ref>{{Cite web |date=2021-06-04 |title=Bellevue Group legt Fonds BB Entrepreneur Private auf |url=https://www.schweizeraktien.net/blog/2021/06/04/bellevue-group-legt-private-equity-fonds-bb-entrepreneur-private-auf-43001/ |access-date=2024-10-30 |website=Schweizer Aktien.net}}</ref> The strategy is developed and managed by Bellevue adbodmer.<ref name=":2" /> On 30 September 2025, Bellevue Group sold Adbodmer AG as part of a management buyout.<ref>{{Cite web |url=https://www.moneycab.com/finanz/bellevue-group-verkauft-adbodmer-ag-im-rahmen-eines-management-buy-outs-weitere-schaerfung-des-geschaeftsmodells/ |title=Bellevue Group verkauft adbodmer AG im Rahmen eines Management-Buy-outs – weitere Schärfung des Geschäftsmodells |work=Moneycab |date=2025-10-09 |language=de |access-date=2026-03-30}}</ref> == Stock exchange and shareholders == The group is listed on the Swiss Stock Exchange, SIX Swiss Exchange, with a free float of 52.62% (as of March 2026);<ref>{{Cite web |date=2024-10-30 |title=Bellevue Aktie |url=https://www.finanzen.net/aktien/bellevue-aktie |access-date=2024-10-30 |website=Finanzen.net}}</ref> the share is part of the Swiss Performance Index. As of 2025, the largest shareholder is Martin Bisang (23.91%), while Hansjörg Wyss holds 9.66%, and Jürg and Manuela Schäppi hold 9.18%.<ref name="AR2025" /> == References == {{Reflist}} <references responsive= /> == External links == * [https://www.bellevue.ch/ch-de/private/ Website of the company] Category:Companies listed on the SIX Swiss Exchange Category:Financial services companies Category:Investment management companies of Switzerland Category:Swiss companies established in 1993 Category:Companies based in the canton of Zurich