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COMMODITY TRADERS & LAWYERS
January 2012
We are looking for physical traders in the following segments:
- industrial metals
- precious metals
- rare metals

You need to have at least 5 years working experience in this field and will have an MBA, legal or similar background
JOBS: CORPORATE FINANCE PROFESSIONALS
March 1, 2011
We are looking for corporate finance professionals for due diligence work including deal sourcing, analysis, market research, due diligence and negotiations of deals. Interesting deals will be recommended to PCGs client network

You need to have at least 5 years working experience in this field and will have an MBA, CFA, legal or similar background

You should have experience in one of these sectors:
- infrastructure
- oil&gas
- mining
- food
- manufacturing
- financials
- real estate

If you want to apply, please send your CV to harald.lusser@pcg.ag
JOBS: REAL ESTATE ANALYSTS & INVESTMENT PROFESSIONALS
March 1, 2011
We are looking for commercial real estate professionals for due diligence work including deal sourcing, analysis, market research, due diligence and negotiations of deals:

you need to have at least 5 years working experience in this field and will have an MBA, architect or similar background

If you want to apply, please send your CV to harald.lusser@pcg.ag
JOB SEARCH
Dec 20, 2010
Dear Friends,

for a family office in central Zurich we are looking for a couple of professionals including:
- investment analysts (listed and unlisted)
- portfolio managers
- traders
- lawyers
- tax specialists

The portfolio focus is roughly as follows: real assets including commodities, FX, private equity, hedge funds, real estate etc

Your educactional background will be MBA, CFA, legal etc,
past work experience has to be 5-25 years in a similar financial institution,
salaries will be very competitive with a strong focus on the fixed base.
Trust, reliability and confidentiality matter most to our client. We look
for professionals who want to stay for the long-term only

If you want to apply, please send your CV harald.lusser@pcg.ag
I wish you a wonderful christmas season and a happy 2011

regards,
Harry Lusser, PCG AG, Zurich, www.pcg.ag
MERRY CHRISTMAS
Dec 20, 2010
Dear Friends,
Dear Clients,

we would like to wish you and your family a wonderful Christmas season and
a lot of health, happiness and luck for 2011

Merry christmas

Your
PCG TEAM
PCG adds a new legal partner in Vietnam
August 25, 2010
PCG AG is proud to add HIEP & Associates as a new partner for Vietnam.

HIEP & ASSOCIATES LAW FIRM
Head Office: No. 7, 24 Alley, Phan Van Truong Str., Cau Giay Dist., Hanoi, Vietnam
Tel.: (84.4) 37566798 - Fax.: (84.4) 37566798
PCG AG and RKCA form a Joint Venture for India
May, 2010-05-10
PCG AG is a Swiss corporate finance company with a team of more than 100 legal and financial professionals. RKCA is an accounting, tax and outsourcing advisory company with over 50 professionals based in Mumbai.

PCG and RKCA have agreed to combine forces and to offer a range of corporate finance, tax and other services to clients in India as well as in Europe.

Silvia Steinbach, managing partner of PCG AG comments: “ We are very happy about our joint venture with RKCA. PCG RKCA will leverage both our client networks. RKCA is established for the last 30 years on the Indian market and has a blue-chip corporate clientele that we can serve with corporate finance services.”

Mr Kabra, Chairman of RKCA India comments: “Indian companies are looking to expand in Europe and need various corporate finance, M&A and management consulting services. We are happy to work with PCG AG in this field."

For more information please contact:
PCG AG - The Private Equity Consulting Group
Dreikoenigstrasse 31 A
CH-8002 Zurich
Phone: +41.41.612.12.88
Fax: +41.41.612.12.87
info@pcg.ag
www.pcg.ag
REVERSE MERGERS
March 30, 2010
The IPO markets are coming back slowly. For interested investors PCG can offer a public shell that they can merge with their existing businesses. For more details contact PCG at info@pcg.ag or call Harry Lusser
Wealthy Families Turning To Direct Investing
February 18, 2010
Charles Paikert
Editor in New York - Family Wealth Report

Spooked by the stock market, wealthy families are increasingly feeling more comfortable about investing directly in businesses that they are already familiar with, say wealth management executives.

“We’re seeing much more direct investing and private equity deals by wealthy families,” said Norman Jones, chief executive of WealthTouch, an outsource provider for reporting platforms targeted at ultra-high net worth clients. “They’re going back to the industries where they’ve made their money and investing directly in companies. It’s a great investment opportunity because valuations are down and the companies need cash.”
Wealth managers say ultra-high net worth clients who have been disappointed with their portfolio since September 2008 also want more control of their assets.

“They want to know what they’re investing in,” said Dune Thorne, managing director for Silver Bridge Advisors in Boston. “They don’t want any more surprises. There’s been so much uncertainty in the markets that they’re going back to what they know and are comfortable with. They believe, as do we, that good companies and businesses will do well for the next ten years.”
“Wealthy families who have delegated their asset allocation to others have been disappointed,” said Jeffrey Lauterbach, a consultant to wealthy families who is based in Chadds Ford, Pennsylvania. “They are seeing they must be more directly involved in investing their money.”

Wealthy families are also joining forces to invest directly, said Mr Jones.
“Many single family offices and multi-family offices are starting to look like small private equity firms, and are almost always partnering with other family offices on deals,” Mr Jones said. “They like hunting in a pack as they can share due diligence and leverage others’ industry expertise.”
I-NET PRODUCT EXPANSION
Jan 5, 2010
The IT subsidiary of PCG I-NET SOLUTIONS is launching a range of new products for internet clients from SEO analyzers to community services

More details can be found at:

www.i-netsolution.com
www.2daybiz.com
www.seoanalyzers.com
www.inetcommunity.com
www.inetmassmail.com
HAPPY HOLIDAYS
Dec 20 2009
Dear Clients,

we would like to wish you and your families a merry christmas, a lot of success, health and happiness in 2010

With our best regards,

Your PCG AG TEAM
SUCCESS BASED LITIGATION SERVICES
Aug, 1 2009
PCG EGIDA is expanding its office network and offering success based litigation and debt collection services in additional CEE cities including Odessa, Dnepropetrovsk, Kharkov, Nicolayev and Baku within the next 6 months.

The service is especially for medium-size and big companies looking to collect their receivables. The service is 100% success based. For more details contact our offices.
PCG AG: 8th year of successful operations
June 30, 2009
PCG AG is going into the 8th year of successful operations and deals for its clients. We will continue to grow our services for our clients especially in the BRIC countries
Success based legal mandates
June 1, 2009
The PCG AG legal subsidiaries in Eastern Europe Illiash&Partners and Prima Jurkonsult offer litigation services on a full success basis. For more details contact Mr Illiash at jar_2005@mail.ru
PCG AG expands in South America
January, 10 2009
PCG AG is a Swiss private equity and professional services company with a team of close to 200 legal, financial and IT professionals. PCG was established in 2002 by its two managing partners and expanded to the BRIC countries.

The company has five business lines:

1. Private Equity & Fundraising services (Equity, mezzanine & debt for companies)
2. M&A advice: the typical deal size is 20 million to 1 billion USD
3. Asset management & Real estate services
4. Legal & tax services
5. IT services

PCG has a diversified international clientele of companies, private and institutional investors.

PCG has offices in Zurich, Innsbruck, Kiev, Montevideo, St Petersburg, Kharkov, Odessa, Simferopol, Dnepotetrovsk, Chennai, Malaysia, Calgary and Hongkong

The latest new office is in Uruguay:

PCG South America/Favizon S.A.
Sarandi 420
Montevideo
Uruguay
CEO: Alfredo Navarro
PCG expands to India
Jan 10, 2009
PCG AG is a Swiss private equity and professional services company with a team of more than 200 legal, financial and IT professionals. PCG was established in 2002 by its two managing partners.

As of January PCG opens an office in Chennai India to further support its BRIC clients. The office is located at

PCG AG / PING Ltd
Olympia Tech Park
Level 2, Altius,1,
SIDCO Industrial Estate, Guindy
Chennai - 600 032
Tamil Nadu
India 
Phone: +91 44 4299 4388
Fax: + 91 44 4299 4300

PCG AG and abc consulting form an IT Joint Venture in Switzerland for Europe
Nov, 1 2008
PCG AG and abc consulting form an IT Joint Venture in Switzerland for Europe

PCG AG is a Swiss private equity and professional services company with a team of more than 200 legal, financial and IT professionals. PCG was established in 2002 by its two managing partners.

Abc consulting is a SAP consulting firm. The company has over 100 professionals and is based on Buenos Aires

Silvia Steinbach, managing partner of PCG AG comments: “We appreciate our joint venture with abc consulting. With this step we are able to add a high quality SAP consulting and implementation service to our services. SAP is the leading business platform for companies worldwide. To give our customers a full support, we formed this joint venture with abc consulting.”

Andres Blachman, CEO of abc consulting comments: “We are very happy about our joint venture with PCG AG. We have established an office in Zurich, Switzerland with PCG AG to serve customers need in Europe. We help customers to optimise their processes and improve the return on their SAP investments during the full lifecycle of their SAP solutions. abc Consulting has been recognized as both SAP Certified Partner (2005) and SAP Channel Partner (2008).”


For more information please contact:
PCG AG
Dreikoenigstrasse 31 A
CH-8002 Zurich
Phone: +41.41.612.12.88
Fax: +41.41.612.12.87
info@pcg.ag
www.pcg.ag

abc consulting
MD: Andres Blachman
Echeverría 2774
(C1428DRX) Buenos Aires I Argentina
Tel (54 11) 4788-9898
Fax (54 11) 4788-9898 ext. 12
E-mail: info@abcconsulting.com.ar
www.abcconsulting.com.ar
Legal outsourcing joint venture of PCG AG and dbrs
October , 2008-10-25
Legal outsourcing joint venture of PCG AG and dbrs
PCG AG and dbrs abogados form a joint venture: PCG South America

PCG AG is a Swiss private equity and professional services company with a team of more than 200 legal, financial and IT professionals. PCG was established in 2002 by its two managing partners.

Dbrs abogados is a long established business law firm in Buenos Aires.

Silvia Steinbach, managing partner of PCG AG comments: “We are very happy about our next joint venture in South America. With this step we are able to add a lot of business law expertise in the South American market and beyond that we will be able to offer legal service and outsourcing services to a number of existing clients.”

Martin Richard O´Farrell, partner of dbrs comments: “We appreciate the joint venture with PCG AG and get the possibility to serve more international clients. Our focus is corporate law, corporate and project financing law, mergers and acquisitions law, energy law, tax and foreign trade law, commercial and financial debt restructuring. We are well positioned for the future.”


For more information please contact:
PCG AG
Dreikoenigstrasse 31 A
CH-8002 Zurich
Phone: +41.41.612.12.88
Fax: +41.41.612.12.87
info@pcg.ag
www.pcg.ag

dbrs I abogados
Av. Leandro N. Alem 619 - 3º Piso
(C1001AAB) Ciudad de Buenos Aires Argentina
Martin Richard O´Farrell
Partner
Phone (5411) 5554-4444 / / Fax: (5411) 5554-4400
www.dbrs.com.ar
PCG and BR Acquisitions form a Joint Venture in South America
October 22, 2008
PCG AG is a Swiss private equity and professional services company with a team of more than 200 legal, financial and IT professionals. PCG was established in 2002 by its two managing partners.

BR Acquisitions is a long established Brazil M&A broker and adviser lead by José Carlos Pereira.

Silvia Steinbach, managing partner of PCG AG comments: “ We are very happy about our joint venture with BR Acquisitions. With this step we increase our team to over 100 legal, financial and IT professionals from Europe to CEE and South America. We offer our customers interesting investments in growing companies all over the world. Our locale experts guide companies in the local law and behaviour to make a transaction a success. Further expansion steps will follow shortly.”

José Carlos Pereira, managing partner of PCG BR Acquisitions comments: “We are happy to join the international group of PCG AG and be the partner for the Brazilian and South American market. We help companies to make a step into the Latin American market and grow their business.”


For more information please contact:
PCG AG
Dreikoenigstrasse 31 A
CH-8002 Zurich
Phone: +41.41.612.12.88
Fax: +41.41.612.12.87
info@pcg.ag
www.pcg.ag
PCG BRAcquisitions
Rio de Janeiro
Rua Calheiros Gomes, 116Barra da Tijuca
CEO 22.611-280 Rio de Janeiro - Brasil
José Carlos Pereira
Managing Director da BBN / BR Acquisitions
Skype: jcarlos027
Tel: 21-24296560 e 24296419, 21-99659527
http://www.bracquisitions.com.br
PCG AG BUYING I-NET SOLUTION IN INDIA
JULY 2008
I-NET is a perfect add on to our existing services and a superb financial investment. The company employs over 40 IT professionals and offers a wide range of services:

• Web Design
• Web Development
• Graphic / Logo Design
• Flash Presentation
• Search Engine Optimization
• Online Marketing
• Web Hosting

Silvia Steinbach, the managing partner of PCG AG comments: “ We are very happy to increase our team to over 80 legal, financial and IT professionals from Europe to CEE and India now. This is a further step to expand in the BRIC countries after a successful acquisition of law firms and a recent joint venture in Brazil.”


For more information please contact:

PCG AG
Dreikoenigstrasse 31 A
CH-8002 Zurich
Phone: +41.41.612.12.88
Fax: +41.41.612.12.87
info@pcg.ag
www.pcg.ag
PCG AG signs joint venture with AlvesJacob Law firm in Brazil
June 25, 2008
PCG AG, the Swiss investment boutique with 40 professionals signs a joint venture agreement with the Brazilian law firm AlvesJacob. The move is a further step to expand in the BRIC region together with its European clients.

The services offered to companies include:
Corporate Finance advisory
Employment Law
Debt Recovery
Real State Law
Commercial Law / New Business
Trademarks and Patents
Investigations
International Trade


This step comes weeks after the acquisition of six law firms in the CEE. “ We are very happy to expand our network to a further continent. Alves Jacob is our future partner for the South American market” explains Silvia Steinbach, managing partner of PCG AG.

For more details please contact:
PCG AG
Dreikönigstrasse 31a
8002 Zurich
Switzerland
Phone +41.41.612.1288
Fax +41.41.612.1287

www.pcg.ag

www.alvesjacob.com


PCG BUYING LAW FIRMS
June 1, 2008
PCG AG has signed acquisition agreements with six law firms in Ukraine and Russia. PCG is significantly increasing its operations by taking over 30 lawyers specializing on business and civil law.

The firms include:
1. PRAVOSTUDIE GARANT ,KIEV, WITH BRANCHES in DNEPOPETROVSK, ODESSA
2. EXPERT ADVOKAT , KIEV, WITH BRANCH in SIMFEROPOL
3. ADVOCAT EXPERT, KIEV
4. PRIMA JUR CONSULT, KIEV, WITH BRANCH in KHARKOW.
5. ILLIASH & PARTNERS , KIEV
6. LEXIMA, St. Petersburg

Silvia Steinbach, the managing partner of PCG AG comments: “ We are very happy to increase our team by over 40 employees in Eastern Europe and service our corporate clients and investors now with better link between the West and the growth of the CEE countries. This is a first step to expand within the region.”

The core services will help companies to bridge the gap between the west and the east:
- export & import services
- corporate finance services
- due diligence and legal consulting services
- civil law

For more information please contact:
PCG
Stockerhof
Dreikoenigstrasse 31 A
CH-8002 Zurich
Phone: +41.41.612.12.88
Fax: +41.41.612.12.87
info@pcg.ag
DEALFLOW REQUEST: COMPANIES WANTED
February 15, 2008
PCG AG is looking for additional high quality dealflow in the market for its fund investors. The targets should have the following criteria:

> 50 million revenues
> profitable operations
> sharia compliant sectors
> transaction sizes per deal above 25 million
> all geographic areas
> no real estate
> no projects, developments

If your company matches these criteria, please do not hesitate to contact us.
For further details please do not hesitate to contact one of our partners

5 YEAR ANNIVERSARY
June, 20 2007
PCG AG, The Private Equity Consulting Group was established in Spring 2002.

The legal form was changed 2003 into a Swiss public limited company. While at the beginning the core focus was on the subordinated debt and equity fundraising for major banks, the company quickly developed additional areas like the M&A and wealth management advisory business, today having a broad network of several hundred world-class investors and corporate partners worldwide.

Silvia Steinbach comments: "At the start we wanted to develop a small niche player, but experienced much quicker growth. We want to thank all our clients for the trust they have given us and will continue to work on an independent partnership basis"
PCG Private equity and Hedge Fund Rating
March 15, 2007
The Private Equity Consulting Group (PCG AG) based in Zurich, Switzerland is offering private equity and hedge funds a new quality rating. “The PCG Certificate is a rating of individual alternative asset managers including performance, management, industry expertise, administration, and a number of other soft facts” according to the Managing Partner, Silvia Steinbach.

The company rating is based on three steps:

1. review of the fund´s standard documentation
2. due diligence questionnaire
3. personal interviews

At the end all components are added into an internal scoring model. The rating process takes around 1 month per company. The detailed scorings will be available to the funds and they can decide how they want to use it for sales and marketing purposes.

Dr Lusser comments: “PCG AG is providing manager selection and research for over 5 years and now we are expanding these ratings to private equity and hedge funds. There is over 6000 private equity and 9000 hedge funds administrating trillions of USD in the meanwhile, and investors need to get a better understanding on reliable long-term quality players. There is a lot of political discussions going on trying to get more transparency. We will protect the industry interests, but at the same time inform the public about the overall company rating.“

Mezzanine programs 2007
January 2007
PCG AG, The Private Equity Consulting Group, is continuing its independent funding platform for companies into 2007. The programs are available to European mid-sized and larger companies with revenues above 20 million Euro

The funding programs are open for most industry sectors, an investment grade rating is necessary, the unsecured funds are available for a period of 7 years.

"We are happy to continue our successful partnerships with our banking partners into 2007" comments Silvia Steinbach, Managing Partner of PCG AG.
PCG AG GROWING IN RUSSIA
July 7, 2006
PCG - The Private Equity Consulting Group based in Zurich, Switzerland is appointing a new partner for the Russian market. Mr Oleg Bronnikov will handle the Russian activities out of St Petersburg. Silvia Steinbach, founding partner of PCG comments: "We are very proud to have Mr Bronnikov as a strong local partner now for the Russian market and look forward to an exciting and fruitful growth of the business."
SWISS BANK ACCOUNT & FAMILY OFFICE SERVICES
March 30, 2006
PCG AG, The Private Equity Consulting Group is adding a bank introduction service for investors to leading Swiss financial institutions. This is an add-on service for family office clients starting their wealth management experience in Switzerland.

"We advise our clients regarding the selection of the right banking partners and save them time and money handling the process for them. Based on the account relationship, we can give them asset allocation and structuring advise for their portfolios", comments Silvia Steinbach, a Managing Partner.
SIX MEZZANINE & HYBRID PRODUCTS FOR COMPANIES
January 25, 2006
PCG AG, The Private Equity Consulting Group, is further expanding its independent funding platform for companies offering six different hybrid & mezzanine products with different partners.

"Our clients can choose among the products and will save a lot of time evaluating and searching the market for funding solutions in this specific market", comments Silvia Steinbach, PCGs Managing Partner.

All programs are available to profitable companies with annual revenues above 10 million Euro and future growth prospects. The funding programs are open for most industry sectors, an investment grade rating is many times necessary, the unsecured funds are available for a period of 7 years and structured as SPV (Special purpose vehicles) in many cases.

"The programs is now open for European companies and the market has become rather competitive with 7-9% interest rates for unsecured capital. The investment size starts at 3 million Euro and goes up to 100 million Euro or more", comments Dr Harald Lusser, another partner of PCG AG.
SWISS CANTONS OFFER NEW HIGHLY EFFICIENT TAX SOLUTIONS
January 10, 2006
A new round of tax cutting was introduced in many Swiss cantons during the New Year, especially in central Swiss cantons like Obwalden, after they decided to slash rates from January 1 2006. The tax changes benefit especially international corporations and wealthy individuals.

“Obwalden's new 6.6 % corporate tax rate will slightly better the likes of Zug, Schwyz and Nidwalden,” explains Silvia Steinbach, a PCG managing partner. On a European level only Slovakia, which set a 19 % tax rate two years ago, and Ireland can compare with Switzerland's low taxes.

PCG AG brings in further mezzanine & subordinated debt partner
October 25, 2005
PCG AG, The Private Equity Consulting Group, is further expanding its independent funding platform for companies signing up another international funding partner.

All programs are available to profitable companies with annual revenues above 10 million Euro and future growth prospects. The funding programs are open for most industry sectors, an investment grade rating is not a minimum requirement.

“We are happy to have the next partner in our network for an independent funding of companies. The big advantage for CFOs and business owners is that we can advise them on an independent basis on all instruments that the market offers. The programs address the growth needs of Mittelstand businesses and cover all German speaking countries,“ comments Silvia Steinbach, a founding partner of PCG AG.
Mezzanine financing
August 25 2005
PCG AG raises 500 million Euro follow up mezzanine & and new subordinated debt program

PCG AG, The Private Equity Consulting Group, is starting to provide Mittelstand clients with new mezzanine and subordinated debt capital programs after the successful closure of the first programs in the first half of 2005. The programs are available to companies with annual revenues above 10 million Euro.

“We see a significantly growing interest in this market segment which was not really served before”, comments Silvia Steinbach, founding PCG partner. Target investors are mainly German companies with a minimum credit rating of BB. The investment size depends on the individual program and company but ranges from 2-40 million Euro for a 7 year period. The product addresses the growing demand of the Mittelstand for capital market solutions.

PCG AG RAISING PRE-IPO ROUND FOR TWO COMPANIES
July 30, 2005
PCG AG, the Private Equity Consulting Group in Switzerland, has finished various fund raising projects for companies in the first half of the year.

For two US companies they are now raising 15-20 million US$ each in a pre-IPO round. The companies are involved in telecom, home security and fibre network business. They will be listed at the London AIM (Alternative Market) early 2006. “The companies have revenues above 100 million US$ and are established players in their markets. They need the capital for further expansion,” explains Silvia Steinbach, responsible PCG partner.
PCG completes Funding research study with Mittelstand
June 9 2005
The Private Equity Consulting Group –(PCG AG) has completed a funding research study with Mittelstand companies. The study included over 500 participating companies in German speaking Europe and was addressing the analysis of satisfaction levels with the banks, product development ideas and funding difficulties of Mittelstand companies .

The study differentiates smaller Mittelstand (up to 50 million Euro annual turnover) and large Mittelstand (above 50 million Euro turnover)

The majority of large Mittelstand companies have significant access to all sorts of financing solutions ranging from mezzanine, classic equity to capital markets and debt solutions.

Given the attractive interest rate environment and the fact that local as well as international banks are providing extensive liquidity in this segment, the companies are mostly in good shape and positive regarding future expansion.

On the large end of the market the over-supply of equity products and the involvement of a lot of private equity funds result in a decrease of prices for the Mittelstand down to something like 7% for unsecured mezzanine solutions. The normal market expectation of mezzanine investors would be more in the region of 12-15%, for classic private equity above 20%. “As a consequence the majority of CFOs of these companies have positive comments about their access to funding and future outlook”, explains Silvia Steinbach, partner of PCG and responsible for the survey.

A very different picture is shown in the segment of the companies below 50 million Euro turnover. This segment represents millions of companies as compared to the large Mittelstand segment where we talk about some thousand companies.
PCG AG OPENS ZURICH OFFICE
May 24, 2005
The Private Equity Consulting Group (PCG AG) is opening a new office in Zurich as of June 2005. "This has become necessary to cover our international client demand," explains the responsible partner Silvia Steinbach.

"Until the end of 2005 we plan to have offices in London and New York growing the company to the next level," comments Dr Harald Lusser.

PCG AG is a Swiss boutique focusing on M&A, private equity and structuring advice. The company is an independent partnership.
VC-facts.de NEWSLETTER 12/2005
April 20, 2005
VC-facts.de NEWSLETTER 12/2005
Newsletter - KW 11/2005 © VC-facts.de 2005 Seite-13

Private Equity

PCG vermittelt Genussrechtskapital an deutschen Mittelstand: Dem verstärkten Marktbedarf entsprechend vermittelt die PCG – The Private Equity Consulting Group AG - derzeit Genussrechtskapital an deutsche mittelständische Unternehmen. „Zieladressaten sind Unternehmen ab 50 Mio. Euro Umsatz mit Investment Grade Rating, die das Kapital zur weiteren Expansion und Marktentwicklung benötigen“, kommentiert der verantwortliche Partner Silvia Steinbach.

Das Kapital wird durch eine internationale Grossbank für 7 Jahre zur Verfügung gestellt, die den Fonds bei institutionellen Investoren weiter plaziert. „Genussrechtskapital wird handelsrechtlich als Eigenkapital, steuerrechtlich als Fremdkapital bewertet. Durch seine eigenkapitalähnliche Form stärkt es die Kapitalbasis der Unternehmen für künftiges Wachstum“, erklärt der Partner Dr. Harald Lusser.

Die PCG ist in den Bereichen M&A, Private Equity und der Strukturierung von Schweizer Gesellschaften wie Aktien-, Holding- und Treuhandgesellschaften aktiv. Sie ist eine unabhängige Partnerschaft, die Unternehmen ab 50 Mio. Euro Umsatz betreut.
Weitere Informationen unter: http://www.pcg.ag
Panel discussion at EuroMoney Forum: Re-tuning Europe’s engine room
April 30, 2005
Who will finance German Mittelstand? This question has been discussed intensively among the panellists of the EUROMONEY FORUM 'Re-tuning Europe’s engine room' April 28, 2005 in Berlin.

The equity position of Mittelstand companies was 35% in the 60s, while it is 17% in 2005.

What happened ? There was a lot of cheap money available to companies until 2000. With the credit crunch and Basel II requirements all these things changed significantly for the companies and banks as well. Credit access became much more difficult, even tough it is necessary to differentiate between the large and the small&medium sized Mittelstand.

In the segment of large Mittelstand companies above 50 million Euro annual turnover the problems are much smaller as there is a lot of funding tools available to them, being it classic loans, mezzanine, Genussrechtskapital, fixed income solutions or even equity programs from private and public sponsors. What people are forgetting though is that this market segment is covering only 7.900 companies of 3,5 million Mittelstand companies in Germany according to Edward Eyerman, senior director at Fitch Ratings London. Beyond that a good portion is also part of larger international groups.

In the middle market from 5-50 million Euro turnover the problems are much more severe. There is a lack of funding available being it on the equity or the debt side. As these 300.000 companies are mostly family owned and the real back-bone of the German economy solutions are not even near.

Dr. Harald Lusser, PCG partner commented: 'Private equity funds cover 5% of that market segment, the banks and their new mezzanine like structures only 10-15% as the investment grade rating is a significant barrier to enter these programs, the state programs also only 10-20%. But what about the other 80%? Is these companies not worth growing? Should they consolidate or exit the market ? This is the segment where work at PCG – The Private Equity Consulting Group AG starts. It is still many interesting companies and concepts and a general no financing policy not possible.

One of PCGs roles is to advice these companies and to find financing solutions for companies beyond the classic credit lines.
Platzierung 300 Millionen Euro Genussrechtsprogramm
April 20, 2005
Aufgrund der großen Nachfrage von Unternehmen nach Genussrechtskapital betreut die PCG-The Private Equity Consulting Group AG ein weiteres Genussrechtsprogramm in Höhe von 300 Millionen Euro. Zielkunden sind deutsche Mittelständische Unternehmen, die für Ihre weitere Expansion auf zusätzliche Finanzierungsinstrumente zugreifen wollen.

Die Investmentkriterien des neuen Programms erklärt Partner Silvia Steinbach wie folgt: ' Die Unternehmen sollten einen Mindestumsatz von 50 Millionen Euro jährlich haben und beim Rating Investment Grade Qualität vorweisen können.'

Das erste Programm wurde mit einer internationalen Grossbank aufgelegt, das aktuelle Programm wird durch Versicherungen und Pensionskassen gesponsert, die im aktuellen Zinsumfeld nach attraktiveren Anlagemöglichkeiten suchen.

Partner Dr Harald Lusser kommentiert:' Wir wollen den deutschen Unternehmern verstärkt helfen, die Wachstumshemmer und Finanzierungsnöte im internationalen Vergleich zu überwinden, damit die Wettbewerbsfähigkeit des Standortes Deutschland gestärkt wird. Außerdem sind die Preisstrukturen von Genussrechtskapital mittlerweile für Unternehmen wirklich attraktiv '

PCG-The Private Equity Consulting Group AG mit Sitz in der Schweiz berät Unternehmen in den Bereichen Private Equity, M&A und Financial Structuring.
PCG offers family office services
April 14, 2005
PCGs business model is based on the full integration of corporate finance, consulting, and investment advice

Based on its own investment experience PCG now offers outsourced family office services to its customers. That means that PCG is advising clients on the right asset allocation and manager selection. The universe of asset managers includes over 300 of the finest addresses worldwide. There is over 20 asset classes that are offered to the sophisticated investors. Our clients can outsource their wealth management to PCG and its banking partners.

'Banks and multi manager providers have a conflict of interest. They need to sell a product. We are 100% partner owned and independent. We invest our own funds alongside our investors which makes a significant difference to investors.' explains Silvia Steinbach, founding partner of PCG.

Dr Harry Lusser, another partner comments: 'As there is little alpha in many asset classes currently we can offer the right mixture of traditional asset classes and our proprietary private equity deal flow opportunities. Investors can choose out of a long list of investment opportunities and direct investments currently on the market. Sophisticated investors want to see clear alignment of interest. We invest together with our clients and partners. That is what makes us different.'

PCG Asset Manager Research Results 2005
March 15, 2005

PCG has completed its 2005 beauty contest on the best performing asset managers worldwide. With over 300 asset managers participating in 20 asset classes the response was overwhelming, comments Dr Harry Lusser responsible partner for the research.

The evaluation includes quantitative as well as qualitative aspects.
The available asset classes include:

- Emerging Markets Bonds
- Emerging Markets Equity
- European Corporate Bonds
- European Large Cap
- European Mid cap
- European Small Cap
- European High Yield
- European enhanced
- Asia Equity
- Japan Equity
- China Equity
- Global Bonds
- Global High Yield
- Global Equity
- US High Yield
- US Large Cap
- US Mid Cap
- US Small Cap
- US bonds
PCG AG (Headquarter:)
Achereggstrasse 10
CH-6362 Stansstad NW
www.pcg.ag
info@pcg.ag
Zurich office:
Stockerhof
Dreikoenigstrasse 31 A
CH-8002 Zurich
Phone: +41.41.612.12.88
Fax: +41.41.612.12.87
© Copyright 2005, PCG - The Private Equity Consulting Group AG. All rights reserved.