Venture Capital firm, Emerald, achieves FINMA regulated status

Zurich, Switzerland: Cleantech venture capital pioneer Emerald Technology Ventures has become one of the first Venture Capital firms in Switzerland to be officially regulated by FINMA, the Swiss Financial Market Supervisory Authority, as an asset manager of collective assets. Achieving the FINMA license adds an official stamp to Emerald’s already globally acknowledged reputation and high standards.

FINMA is the Swiss government body responsible for financial regulation. This includes the supervision of banks, insurance companies, stock exchanges and securities dealers, as well as other financial intermediaries in Switzerland. Achieving FINMA regulation is an important milestone, as regulated asset managers are more attractive to investors, partners, and other financial institutions. This can lead to joint ventures, collaborative initiatives, and ultimately, larger investments that can fuel growth.

Emerald completed the extensive process with the advisory services of Caroline Clemetson, Andrea Andelic and Joane Etienne from the law firm Schellenberg Wittmer.

When asked about the importance of the FINMA authorization, Michael Revensburg, General Counsel at Emerald, explained, “This is a natural development for Emerald, as we have been successful in VC for more than 20 years and are on a clear growth trajectory. Becoming regulated not only safeguards the interests of investors, but also enhances the professional standing of the firm. I look forward to seeing what new opportunities this will bring, and how it will contribute to the future growth and expansion of Emerald.

About Emerald Technology Ventures

Emerald is a globally recognized venture capital firm founded in 2000, that manages and advises assets of over €1 billion from its offices in Zurich, Toronto and Singapore. The firm invests in start-ups that tackle big challenges in climate change and sustainability, with 4 current funds, hundreds of venture transactions and four third-party investment mandates, including loan guarantees to over 100 start-ups.

Bold Ideas. Bright Future.