our team

Extensive experience in alternative investments and risk management
EBG uniquely combines extensive experience in alternative investments and risk management with deep interdisciplinary knowledge of industry sectors, sustainability and impact – a prerequisite for understanding specific value drivers and risks. EBG is based in Switzerland, the UK, US and Asia. Our conviction and commitment to sustainable private market investments is reflected in our dedicated, closely-knit team of practitioners of the highest integrity.
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Investment
Risk Management & Operations
Business relations
SENIOR ADVISORS
Board of Directors

INVESTMENT TEAM

Ueli-Niederer (1)
Dr. Ulrich Niederer

Chairman of the Board and Head of Investment Committee
Zurich, Switzerland

Ralph Kretschmer

Founder & Managing Partner
Zurich, Switzerland

Duarte da Silva

Managing Partner
Lisbon, Portugal

Stephan Keller

Partner
Chicago, USA

Ani2
Ani Dang

Investment Associate
Hungary

MGonilho
Miguel Gonilho

Investment Associate
Portugal

deepiga
Deepiga Vigneswaran

Sustainability & Impact Advisor
Toronto, Canada

Berger_Andreas_FlippedWeb
Andreas Berger

Due Diligence
Zurich, Switzerland

Risk Management, Compliance & Operations team

Hugh Parry

Controlling, Compliance & Risk Management
Zurich, Switzerland

Rui Duarte
Rui Duarte

Financial & Impact Reporting
Leiria, Portugal

business relations team

Thomas Kreuger

Head Business Development
Zurich, Switzerland

roland3
Roland Truempi

Senior Relationship Manager
Zurich, Switzerland

Natalia Eisele6
Natalia Eisele

Senior Relationship Manager
Zurich, Switzerland

Hans3
Hans-Jürgen Dannheisig

Senior Relationship Manager
Hamburg, Germany

senior advisors

Reinhold Glauner 2
Reinhold Glauner, Ph.D.

Senior Advisor
Sustainable Timberland & Forestry

Imagem WhatsApp 2025-03-10 às 12.03.38_ac646ce9
Anthony Lam

Senior Advisor
Hong Kong, China

Saumyatest
Saumya Kailasapathy

Senior Advisor
Germany

S
Takashi Yoneda

Senior Advisor
Japan

board of directors

Ueli-Niederer (1)
Dr. Ulrich Niederer

Chairman of the Board and Head of Investment Committee
Zurich, Switzerland

Michel Destraz 2
Michel Destraz

Member of the Board
Zurich, Switzerland

Ralph Kretschmer

Founder & Managing Partner
Zurich, Switzerland

EBG is authorised and prudentially supervised by the Swiss Financial Market Supervisory Authority FINMA.

EBG Investment Solutions AG is a member of:

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Dr. Ulrich Niederer

Chairman of the Board
Head of Investment Committee
Zurich, Switzerland
Professional History
  • Chairman of the Board and Senior Partner at ARTICO Partners in Zurich (specialized in quantitative and fundamental stock selection)
  • 2001 until retirement in 2009 Chairman of UBS Global Asset Management Switzerland with focus on alternative investments, mainly hedge funds, private equity, real estate and infrastructure
  • 1994 – 2006 Chairman of the Investment Committee of the Pension Fund of UBS AG
  • Member of the UBS Wealth Management & Business Banking Alternative Investment Committee and the Private Equity Committee of UBS Global Asset Management for several years
  • 1996 Initiator and developer of the UBS Equity Fund Eco Performance
  • 1994 Chief Investment Officer Switzerland and Co-Head Institutional Asset Management UBS Switzerland (formerly Swiss Bank Corporation)
  • 1990 Co-Head Quantitative Investment Research at UBS Switzerland (formerly Swiss Bank Corporation)
  • 1999 – 2008 Member of the Advisory Body on Climate Change for the Swiss Government (OcCC)
  • In the course of his career, Ulrich Niederer has also acquired extensive knowledge of quantitative methods in portfolio management, including indexation, option pricing, portfolio insurance and international asset allocation
education
  • PhD in Theoretical Physics, University of Basel

Ralph Kretschmer

Founder & Managing Partner
member of the management board
Zurich, Switzerland
Professional History
  • 30 years of experience in Environmental/Impact finance and investment, including 15 years in due diligence and manager selection across clean economy private equity and infrastructure, sustainable timberland, green real estate, carbon and microfinance
  • Vice Chairman of the Board of Directors and of the investment committee of VERIT Investment Management AG, a real estate fund and asset management company in Switzerland
  • 2007 – 2008 Initiator and Global Co-Head of the Credit Suisse Environmental Business Group (EBG): responsible for general management, strategy, business and product development
  • 1996 – 2007 Director in Investment Banking (Corporate Finance, M&A) at Credit Suisse in Zurich and London: senior client relationship manager and project leader on numerous transactions for corporates
  • 2007 / 08 Non-executive Director of the Cleantech Group, USA
  • Founder and member of the board of trustees of a charity dedicated to the support of nature conservation projects
education
  • MBA (lic.oec.HSG), University of St. Gallen, Switzerland
  • Chartered Financial Analyst (CFA)

Duarte
da Silva

Managing Partner
Lisbon, Portugal
Professional History
  • 25 years of experience mostly as principal investor in the impact space. Executed over 30 transactions in direct equity, co- and fund investments in Europe, Africa, Latin America and Asia
  • 2014 – 2023 Managing Director at Asia Climate Partners (“ACP”), one of the largest climate-focused private equity funds in Asia with $450 million AuM, originally a joint venture between Credit Suisse (later replaced by ORIX Corporation and Robeco) and the Asian Development Bank (“ADB”)
  • 2011 – 2014 Senior Investment Specialist at the ADB’s private equity group, which manages a portfolio of over 80 direct equity and fund investments across agriculture, renewable energy, infrastructure, financial institutions, healthcare, education and transport sectors
  • 2007 – 2011 Vice President at the Environmental Business Group originally at Credit Suisse, later spun off as EBG Investment Solutions
  • 2005 – 2007 Principal Advisor of the Vice President for Strategy and Country Operations at African Development Bank responsible for structuring sovereign and non-sovereign climate funds
  • 2000 – 2005 Vice President at Caixa Banco de Investimentos in the M&A department, closed several transactions in Europe and South America in the clean tech, real estate, real assets and low carbon infrastructure sectors
education
  • MBA, Oxford University, UK
  • Master in Economics, University Catolica Portuguesa, Portugal
  • Public Finance Course, Harvard University, USA

Stephan
Keller

Partner
Chicago, USA
Professional History
  • Chief Operating Officer, Chicago Trading Company, Chicago, Illinois
  • 2011 – 2014 Chief Financial Officer and Treasurer, Cole Real Estate Investments LLC, Phoenix, Arizona
  • 2004 – 2010 Member of the Group Managing Board, UBS AG
  • 2010 – 2011 Vice-Chairman Financial Institutions Group, UBS Investment Bank, London
  • 2006 – 2010 Group Treasurer, UBS AG, Zurich
  • 2004 – 2005 Chief Risk Officer, UBS Investment Bank, New York
  • 2002 – 2004 Chief Risk Officer, UBS Wealth Management USA, New York
  • 1999 – 2002 Head Market Risk Management Europe, UBS Investment Bank, London
  • 1992 – 1998 various positions in UBS's equity trading activities in Zurich, Chicago and London with a focus on listed derivative and structured products
education
  • MBA (lic.oec.HSG), University of St. Gallen, Switzerland

Ani Dang

Investment Associate
HUngary
Professional History
  • 1 year of experience in finance, including investment analysis, asset management, creating marketing presentations, developing an impact performance assessment tool, conducting quarterly portfolio monitoring, and contributing to investment deals such as the preparation of Investment Memorandums and participation in financial, commercial and operational due diligence sessions.
  • 2 years of experience in financial accounting at a Swiss multinational company, including intercompany invoice and payment processing, creating quarterly and annual reports, and supporting the financial accountant’s activities by performing capitalization, asset disposals, and master data changes.
education
  • International Master of Science in Finance, Católica Lisbon School of Business and Economics, Portugal
  • Bachelor of Science in Finance & Accounting, Specialization in Accounting, Corvinus University of Budapest, Hungary

Miguel Gonilho

Investment Associate
Portugal
Professional History
  • 1 year of experience in finance, focused on investment analysis, the structuring of co-investment opportunities, and deal sourcing, while also supporting asset management activities, contributing to portfolio monitoring and reporting, preparing marketing materials, participating on the development of fund documentation, and developing an impact and performance assessment tool.
  • 1 year of experience in business consulting within the financial services sector at a global consulting firm, focused on banking operations and strategic implementation, resolving complex accounting issues, supporting initiatives to improve financial performance and efficiency, participating in program management, delivering client training on financial tools, and creating materials to support decision-making.
education
  • Master of Science in Finance, Nova School of Business and Economics, Portugal
  • Bachelor of Science in Economics, Nova School of Business and Economics, Portugal

Deepiga Vigneswaran

Sustainability & Impact Advisor
Toronto, Canada
Professional History
  • 3 years of experience in finance, including investment analysis, pension asset management, real estate asset management, real estate investment and financing and due diligence across real estate and private equity investments
  • 4 years of experience in real estate development and urban planning, including research, due diligence, consulting, reporting and project management of multi-party issues in the areas of infrastructure and residential development
  • 2016 – 2018 Intermediate Planner at Region of Peel in Ontario, Canada
education
  • Master of Science in Real Estate, Specialisation in Finance, Lucerne University of Applied Sciences and Arts, Switzerland
  • Bachelor of Arts in Urban and Regional Planning (Minor in French), University of Waterloo, Canada

Andreas
Berger

Senior Due Diligence Specialist
Zurich, Switzerland
Professional History
  • 14 years of experience in finance, particularly including investment, operational and legal due diligence of alternative investments
  • 2010 – 2022 Senior Analyst at aicons AG
  • 2015 – 2022 in addition Co-Portfolio Manager and Deputy COO at Swiss ALP Asset Management GmbH
  • 2008 – 2009 Senior Analyst at SG Analytics Pvt. Ltd.
  • 2007 Internship at SG Analytics Pvt. Ltd.
education
  • Bachelor of Science of the University of Bern in Economics with minor in business administration, summa cum laude
  • Chartered Financial Analyst (CFA)

Hugh
Parry

Controlling, Compliance & Risk Management
member of the management board
Zurich, Switzerland
Professional History
  • 35+ years of experience in finance including auditing, controlling, treasury and systems (10 years of which was in Private Equity operations, reporting and consulting)
  • 2014 – Financial Systems Consultant, with a focus on systems and organizational support for Private Equity operations, Zurich and Luxembourg
  • 2008 – 2013 Chief Financial Officer of Private Equity and Managing Director, Quilvest (Switzerland) Ltd., Zurich
  • 2003 – 2008 Finance Manager at European Treasury Operations Centre, Altria/Kraft Foods Finance Europe AG, Zug
  • 1987 – 2002 Executive Director with controlling, reporting and project roles, SBC(I) / UBS AG, Zurich and London
  • 1982 – 1987 Senior Auditor / Management Consultant, Touche Ross & Co. (subsequently Deloitte), London
  • 1981 – 1982 Software Developer / Programmer of financial and non-financial applications, JRM Software Ltd., Trowbridge, UK
education
  • BSc Mathematics and Computing, University of Bath, UK
  • Chartered Accountant (ACA), London

Rui
Duarte

Financial & Impact Reporting
Leiria, Portugal
Professional History
  • Since 2005 financial consultant for numerous projects in the areas of feasibility analysis, financial reporting and financial modeling
  • 2016 – 2017 Chief Financial Officer and Partner at Zenn.pt, an IT company in Leiria specializing in web-based software
  • 2013 – 2016 Chief Financial Officer at Plurália SA, a banking and training consultant in Luanda
  • 2011 – 2013 Financial Consultant & Trainer for the African Banking Sector at Letstalkgroup SA - Training Consultant in Lisbon
  • 2006 – 2011 Senior Financial Advisor at Best Bank SA - Investment Bank in Lisbon
  • 2000 – 2006 Market analyst and operations at Fincor SA - financial broker and investor in Lisbon
education
  • Certificate for Equity and Futures Market Operations - Euronext, Lisbon
  • Certificate in Banking and Insurance - Portuguese Institute for Bank Training (IFB), Lisbon
  • Erasmus exchange student in business administration at the École Superieure du Commerce (ESC), Lille
  • Master Diploma in Business and Administration at Universidade da Beira Interior (UBI), Covilhã

Thomas
Kreuger

SENIOR RELATIONSHIP MANAGER
Zurich, Switzerland
Professional History
  • 2014 – 2016 Independent consultant for market development and sales strategies, as well as client & product suitability
  • 2010 – 2014 Market Coverage Officer Investment Solutions and Products in Wealth Management, Credit Suisse, Zurich
  • 2008 – 2010 Independent consultant in the areas of fund marketing and real estate projects for institutional clients
  • 2006 – 2008 Head of Hottinger Asset Management AG, Zurich
  • 1988 – 2006 Relationship management of domestic and foreign institutional clients at renowned Swiss banks and foreign financial companies
education
  • Commercial education and professional development on asset classes, financial products, global regulations and risk management

Roland
Truempi

Senior Relationship Manager
Zurich, Switzerland
Professional History
  • 2011 – 2016 Senior Relationship Manager for Swiss pension funds and banks at Swiss Rock Asset Management in Zurich
  • 2005 – 2010 Senior Relationship Manager for Swiss and international institutional investors at Julius Baer in Zurich
  • 2003 – 2004 independent projects and sports manager
  • 1990 – 2002 Relationship Manager for Swiss institutional clients at Zürcher Kantonalbank in Zurich
education
  • Finance Compact, University of Basle, Switzerland (Dr. H. Zimmermann)
  • Technical college for pension funds, Olten, Switzerland
  • Advanced Federal Diploma of Higher Education in Banking, Switzerland

Natalia
Eisele

Investment Manager
Zurich, Switzerland
Professional History
  • 10 years of experience in finance, including 5 years in due diligence and investment management across renewable energy, clean infrastructure and private equity
  • 2016 – 2019 Investment Associate with the Energy Storage Fund at SUSI Partners AG in Zurich
  • 2014 – 2016 Investment Analyst in the M&A Division at UBS AG in Zurich and Frankfurt
  • 2010 – 2014 Investment Specialist (WM UHNWI Department) at UBS AG in Zurich and São Paulo
education
  • Master of Arts in Business and Economics (MA UZH), Specialisation Econometrics and Financial Mathematics, University of Zurich
  • Bachelor of Arts in Business and Economics (BA UZH), University of Zurich

Hans-Jürgen Dannheisig

SENIOR RELATIONSHIP MANAGER
Hamburg, gERMANY
Professional History
  • 2018-2022 CEO/Partner Family Office Platform NIXDORF Kapital AG in Munich, development of investment structure for real assets as general partner
  • 2015-2018 Independent consultant and board member for market development and sales strategies, focus on institutional asset management; independent supervisory board member
  • 2006-2015 CEO/Owner strategic consulting company for institutional sales and sales communication, Kommalpha AG in Germany
  • 2002-2006 Managing Director of BHW Invest GmbH, a German capital management company with focus on pension asset management
  • 1998-2002 Managing Director and Head of Institutional Sales, Berenberg Bank, Hamburg
  • 1990-1998 Head of Institutional Sales BFG Bank AG / Credit Lyonnais, Frankfurt / Paris
  • 1985-1990 Trainee and stock exchange training at BFG Bank AG, Frankfurt / Luxembourg / London
eDUCATION
  • Graduate in Economics and Business Law – Marketing, Banking, University of Bielefeld, Germany
  • Advanced education in stock exchange trading, foreign trade financing, computer science, Westfaelische Wilhelms-Universitaet (WWU), Muenster, Germany

Reinhold
Glauner, Ph.D.

Senior Advisor
Sustainable Timberland & Forestry
Bad Zurzach, Switzerland
Professional History
  • 35 years of experience in sustainable forestry, including preparation for FSC- and CO2-certification, and timberland management strategies
  • 25 years of experience in valuation of timberland and forestry investments
  • Accredited appraiser of timberland and forest investments (> 50 valuations)
  • Active intercultural experience in 40 countries (North and Latin America, Africa, Europe, Asia, Australia/Pacific)
  • 1990 bis 1995: Technical expert at German Technical Cooperation in Malaysia (GTZ). Development of the first FSC-certified natural forest project in Asia
  • 1995 bis 2007: Scientist at the Institute for World Forestry in Hamburg. Management of natural and planted forest projects in Africa, Asia and Latin America
  • Since 1995 technical consultant to international development organizations (FAO, World Bank, UNDP, USAID, KfW, GIZ), governments and private individuals on sustainable development and environment-related UN SDGs (Sustainable Development Goals)
  • Since 1999 senior due diligence specialist for natural and planted forest projects of up to 1 million hectares in over 20 countries on behalf of asset managers, insurers, banks and project owners
  • Since 2008 Managing Director of WaKa – Forest Investment Services Ltd.
education
  • M.Sc. in Temperate Forestry, University of Göttingen, Germany
  • M.Sc. in Tropical and Sub-tropical Forestry, University Göttingen, Germany
  • Ph.D. Forest Science, University Göttingen, Germany

Anthony Lam

Senior Advisor
Hong Kong, China
Professional History
  • Over 25 years experience in private equity, venture capital and incubation. Held leadership positions, including Chief Investment Officer, Co-Head of Asia Pacific, Head of China, Managing Director and Chief Financial Officer
  • Dec 2024 – Present Managing Director and Head of Private Markets at SW Capital Management Limited, an external asset management (EAM) platform dedicated to provide services for high-net-worth individuals and professional investors
  • 2021-2024 Managing Director and Chief Financial Officer at Mstone Partners Healthcare Limited, a Biotech incubator engaged in building healthcare, life sciences and AI-related companies
  • 2019-2021 Chief Investment Officer at Transpac Capital Limited, a Family Office attempting to revitalize Transpac’s PE/VC business by raising new fund
  • 2015-2019 Managing Director, Head of China at Asia Climate Partners, with more than US$450 million PE fund targets investments in renewable energy, resource efficiency and environmental industries in emerging Asia with a strong focus on China, India and SE Asia
  • 2013-2015 Co-Head Asia Pacific and Managing director at TRG Management, The Rohatyn Group, an Emerging markets focused asset management firm with approximately US$8 billion AUM
  • 1997-2013 Manager, Director and then Partner at Citigroup Venture Capital International, Citigroup’s emerging markets private equity arm with cumulative AUM of approximately US$7 billion
education
  • Master of Business Administration, The Chinese University of Hong Kong
  • BA (Hons) in Computing Studies, The Hong Kong Polytechnic University

Saumya Kailasapathy

Senior Advisor
Germany
Professional History
  • Over 20 years of experience in financial sectors, with a more recent focus on development financing and emerging markets. Saumya offers a proven track record in fundraising, fund structuring, and transaction execution, and maintains a global network of investors and partners across institutional investors, sovereign investors, and development financing institutions
  • After a decade in investment banking, completed a Master’s in International Relations to specialize in development financing and emerging economies
  • Has worked on development financing projects to support job creation and SME market development, managed large public-private health and pharmaceutical portfolios in emerging markets, and led investor relations, fundraising, and private equity/venture capital investments at the Asian Development Bank (ADB)
  • Supported the establishment of ADB’s inaugural venture capital fund, “ADB Ventures,” including fund structuring, fundraising, and investment origination, with a focus on transferring technology from developed to emerging economies
  • ADB Ventures invests in early-stage and growth SMEs with a focus on climate technologies and gender impact, positioning itself as a trailblazer among multilateral development banks. Despite the challenging market conditions during the COVID pandemic, the fund successfully closed 16 equity investments and over 50 seed investments
  • More recently, continued to support ADB in developing strategic resource mobilization programs with institutional investors. In 2024, began working as an independent advisor to private equity funds focused on climate and SDG-related impacts
  • Board experience includes REGMIFA (2020–2021), focused on financing in Sub-Saharan Africa; HRI (2019–2021), an NGO dedicated to human rights, health, and harm reduction; and currently supports Watoto Wasoka, an NGO in Kampala improving the lives of underprivileged children through football
education
  • Masters in International Relations, IE Business School, Madrid Spain
  • MIT Executive Course: New space economy (Climate, EO, Tech)

Takashi Yoneda

Senior Advisor
Japan
Professional History
  • More than 40 years of extensive experience accumulated in the Banking, Corporate Finance, Private Banking and Family Businesses management
  • 2021 - present Involved in the establishment of Aoyama Family Office Service and appointed as a director of the company
  • 2014 - present Senior Researcher, Professor, Institute for Business and Finance, Waseda University
  • 2010 - present Founder & CEO of Global Link Associates
  • 2008-2010 Director and Chairman of the board, PWM Japan Securities Co.Ltd (LPL Japan changed its name as PWM Japan)
  • 2006 - 2008 Representative Director and Chairman of the board, LPL Japan Securities
  • 1999 - 2006 President and Chief Executive Officer, LPL Japan Securities ("LPL Japan"), Tokyo, Japan, the first Japanese subsidiary of LPL Financial Services, America's No. 1 independent brokerage firm, currently the second largest network of Independent Financial Adviser ("IFA")
  • 1991 - 1999 Cofounder and representative director of Global Link Associates ("GLA"), advising both Japanese and non-Japanese companies on a variety of cross border transactions and investments. transactions and investments. Organized first-ever comprehensive conference in Japan on private equity investing (November, 1997). Established venture capital company (Global Venture Capital), formed and managed venture capital funds with successful investment track record
  • 1981 - 1991 International banker at the Industrial Bank of Japan, one of Japan's premier money-center commercial banks (later merged to form Mizuho Financial Group)
education
  • Master's Degree in International Finance and Law, The Fletcher School of Law and Diplomacy, U.S.A
  • Law, Waseda University School of Law

Michel
Destraz

member of the board
member of the investment committee
Zurich, Switzerland
Professional History
  • Since 2010 Founder, Chairman and CEO of Clairemont Management & Consulting Ltd, an independent Swiss asset management and consulting firm
  • 2008 – 2010 Branch Manager of IDB (Swiss) Bank Ltd., a foreign bank in Switzerland
  • 1992 – 2008 CEO of Arzi Bank Ltd, a private bank in Zurich
  • 1984 – 1992 The Chase Manhattan Bank, in New York, London, Zurich and Geneva: Vice President, Corporate Finance, responsible for client relationship with focus on risk management, structured finance and mergers & acquisitions
  • External consulting and board of directors mandates
education
  • Bachelor of Business Administration in Computer Information Systems (Magna cum Laude) and Master in Business Administration and Financial Management at the National University in San Diego
  • Executive Master of European and International Business Law (M.B.L.-HSG) at the University of St. Gallen
  • Program of Instruction for Lawyers at the Harvard Law School, Cambridge, Massachusetts
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