VUKMIR + ASSOCIATES are pleased to have advised ZB Invest in relation to the takeover of management over and merger of UCITS’ funds from Allianz Invest. The funds within the scope are Allianz Short Term Bond, Allianz Portfolio and Allianz Equity. HANFA as a market regulator issued approval to takeover on 5 December 2023 (HANFA – 34th Meeting of the Board).
ZB Invest is a leading investment fund management company in Croatia, dedicated to professional asset management and high-quality service. The company’s activity is the establishment and management of UCITS funds and portfolio management according to the provisions of the law governing the capital market. ZB Invest is a member of the Zagrebačka banka Group and is 100% owned by Zagrebačka banka dd.
Vukmir & Associates team on the project consisted of partners Ivan Ćuk, Sanja Tkalec Kovač and Tomislav Pedišić, and attorney Tea Cerinski. Our legal support and advice included amongst other commercial law, competition law, labor law, and investment funds’ regulatory aspects of the transaction.