Adveq announces sponsorship initiative
Zurich, January 16, 2007 – Adveq, Europe’s leading independent private equity fund of funds investment manager, announces that it has become one of the main corporate sponsors of the Prix de Lausanne, a world renowned ballet competition.
The Prix de Lausanne, which was launched in 1973, is a non-profit cultural foundation. It has established a reputation not only as a world famous ballet competition, but as a top-level annual meeting point for the international dance world. It attracts internationally renowned dance personalities, representing many different countries and a broad range of ballet styles.
The Prix de Lausanne holds an annual international competition for young ballet dancers aged from 15 to 18, of any nationality, who are not yet professionals. The competition aims to reveal the potential of exceptionally talented young dancers from around the world. Candidates are judged both during dance classes and individually on stage. Out of the twelve finalists six receive a grant to study at one of the Prix de Lausanne’s partner ballet schools or can directly join a partner dance company as apprentices. This direct entry into one of the most prestigious international dance institutions of their choice is one of the key attractions of the prize to young dancers.
As well as sponsoring one of the scholarships to a prize winner, Adveq will provide additional support through volunteering team members during the final competition week in Lausanne, Switzerland.
Bruno E. Raschle, Managing Director of Adveq, commented: “We wanted to get involved in a sponsorship project that would be highly relevant to Adveq. As a private equity fund of funds, we look to invest in the best performing funds and constantly search for the most promising private equity talents worldwide. We believe that the meritocratic approach and global scope of the Prix de Lausanne strongly reflect Adveq’s business philosophy. We hope that, through our sponsorship of this competition, we can support and promote young talents who want to outperform in their artistic field.”
Charles Gebhard, President of the Prix de Lausanne, said: “The Prix de Lausanne and Adveq share common values. It is an ideal partnership when the best performance meets excellence at both ends.”
About Adveq
Adveq is the leading independent private equity fund of funds investment manager in Europe. Founded in 1997, Adveq currently manages approximately USD 2.5 billion of assets for its clients. These clients consist almost entirely of international institutional investors including pension funds, insurance companies, family offices and other financial services providers, that are located primarily in Europe, Asia, Australia and the United States.
Further information
Stefan Bannwart
Head of Corporate Communications
Adveq Management AG
Affolternstrasse 56
CH-8050 Zürich
Telephone: +41 (0)43 288 32 00
Fax: +41 (0)43 288 32 10
E-Mail: stefan.bannwart(at)adveq.com
www.adveq.com
Patricia Leroy
Secretary General
Prix de Lausanne
6, avenue des Bergières
CH- 1004 Lausanne
Telephone: +41 (0)21 643 24 05
E-Mail: info(at)prixdelausanne.org
For more information about the Prix de Lausanne, go to www.prixdelausanne.org
