C-QUADRAT

What C-QUADRAT does

C-QUADRAT Investment Group is a privately held, Vienna-based multi-boutique asset management platform founded in 1991 by Alexander Schütz. It operates a federation of independent asset management companies focused on quantitative strategies, alternative investments, and international pension fund management, distributing products through direct institutional sales and wholesale channels across 21 countries in Europe and Asia. The group manages over EUR 9 billion in assets under management (as of June 2024), up from EUR 6.7 billion in December 2019, and has received more than 300 industry awards across its 34-year history.

The platform's core technology is proprietary quantitative asset management, anchored by the ARTS Quantitative Trading System (mathematical algorithm-driven, systematic trend-following with 19+ year track record) and the CreditDynamix and AssetDynamix risk analytics products (acquired via the 50.1% stake in Quantic Risk Solutions in 2018), which quantitatively assess financial data on millions of listed and non-listed companies to generate risk ratings and investment signals. Product surface spans C-QUADRAT ARTS Total Return Funds (13 flexibly managed quantitative funds), C-QUADRAT GreenStars ESG, ACP Credit I (private debt, EUR 100M first close with EIF anchor), the I-AM Global Macro Convexity Fund, Quantic Receivables Fund (factoring/supply chain finance), and the Vision Microfinance impact platform (USD 2.33 billion facilitated to 2.5 million microentrepreneurs since 2006).

The business model is asset management fee-based, with revenue drawn primarily from management fees on AuM and performance fees on alternative/quantitative strategies. Key subsidiaries and JVs include ARTS Asset Management (quant total return), Impact Asset Management GmbH (ESG/impact), C-Quadrat France / Advenis Investment Managers (real estate and institutional funds), ARIQON Asset Management (multi-asset), C-Quadrat Ampega Asset Management Armenia (pension management JV with Talanx), VIG/C-Quadrat TFI S.A. (Polish fund JV with VIG), and minority stakes in Quantic Financial, AG Capital, Accession Capital Partners, and Accuro Group. The company is owned by founders Alexander Schütz and Cristobal Mendez de Vigo following a 2019 management buyback, with Jebsen Group (Hong Kong) as a minority investor.

Name

C-QUADRAT

Legal name

C-QUADRAT Investment AG

Website

https://c-quadrat.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

101–250 employees

Short description

C-QUADRAT Investment Group is a Vienna-based, privately held multi-boutique asset manager founded in 1991, operating across 21 countries with over EUR 9 billion in AuM. It serves institutional clients through proprietary quantitative strategies, alternative investments, pension fund management, and ESG/impact products via a federation of specialized subsidiaries and joint ventures.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (52591), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

akta.pro secondary industries

Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA), Direct Lending — Specialty Finance (Consumer/SME Lending Platforms) (FSAHAJAF)

Keywords

• Asset management services
• Quantitative investment strategies
• Alternative investment funds
• Pension fund management
• ESG impact investing

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Asset Management Fees: Management fees charged on assets under management (AuM). CQ Investment Group manages over EUR 9 billion in assets, with fees typically calculated as a percentage of AuM.
2. Performance Fees: Performance-based fees tied to investment returns, particularly for alternative and quantitative strategies.
3. Fund Distribution: Distribution of investment funds across multiple markets including institutional and wholesale channels.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

C-Quadrat Investment Group is an independent, privately held asset manager that provides professional investment management services to institutional clients and wholesale distributors across 21 European and Asian countries. Its core offerings span quantitative total-return strategies (ARTS family), alternative investments (private debt, private equity, factoring), international pension fund management, and ESG/impact investing products (Vision Microfinance, GreenStars).

Product overview

C-Quadrat Investment Group operates as a multi-subsidiary asset management platform with core focus on quantitative strategies, alternative investments, and international pension fund management. The platform comprises multiple independent asset management companies including ARTS Asset Management (quantitative total return strategies), Impact Asset Management GmbH (sustainable/ESG products), Quantic Financial Solutions (receivables/short-term liquidity products), and C-Quadrat Ampega Asset Management Armenia (pension fund management). The group also maintains joint ventures such as VIG/C-QUADRAT in Poland and holds stakes in Quantic Risk Solutions for quantitative risk analytics. Key products include the ARTS Total Return Funds family, ACP Credit I (private debt), I-AM Global Macro Convexity Fund, Vision Microfinance platform, and C-QUADRAT GreenStars ESG fund. The company distributes products to institutional clients and through wholesale channels across 21 countries.

Differentiator

Problem solved

Functional benefit

Brands

• ARTS Asset Management: Quantitative total return strategies and fund of funds management, part of CQ Investment Group
• Impact Asset Management (IAM)
• C-Quadrat Ampega Asset Management Armenia
• Quantic Risk Solutions
• VIG / C-Quadrat TFI
• ACP Credit
• Vision Microfinance

Products and services

• Quantitative Strategies Core investment approach using mathematical algorithms and quantitative models to make investment decisions, including trend-following and systematic trading strategies for institutional clients.
• Alternative Investments Non-traditional investment offerings including private debt, private equity, and other alternative asset classes for institutional and qualified investors.
• International Pension Funds Management of pension fund assets across multiple countries, particularly in Central, Eastern Europe, and Armenia, including under Armenia's reformed defined contribution pension scheme.
• C-QUADRAT ARTS Total Return Funds Quantitative total return strategies managed by ARTS Asset Management using proprietary trading systems with mathematical algorithms, comprising 13 flexibly managed funds and recognized with 350+ awards.
• ACP Credit I Credit fund investing primarily in senior secured loans for SMEs in Central Europe for corporate acquisitions and buyouts, with a first closing of EUR 100 million and EIF as anchor investor.
• Quantic Receivables Fund Fund providing short-term liquidity to companies through factoring, contract finance, and supply chain finance across EU/EEA/EFTA countries, Singapore, Hong Kong, and the UK.
• I-AM Global Macro Convexity Fund Global macro fund launched in May 2022 with over EUR 70 million seed capital from international investors (mainly insurance companies), focusing on convex payoff profiles.
• CreditDynamix Proprietary quantitative product combining financial data of stock exchange-listed and non-listed companies to predict financial performance and generate risk ratings; used by major European banks and insurance firms.
• AssetDynamix Quantitative risk analysis tool that combines financial data from listed and non-listed companies to predict company financial performance and generate risk ratings for investment strategies.
• Vision Microfinance Platform Impact investment platform launched in 2006 that connects investors with microentrepreneurs denied access to conventional financing, having facilitated USD 2.33 billion in loans to 2.5 million microentrepreneurs and families.
• C-QUADRAT GreenStars ESG Dynamic-allocation ESG-compliant fund that has received top Morningstar ratings and was named Best Fund Manager 2020 by Citywire in the Mixed Assets Aggressive EUR category.
• C-Quadrat Ampega Asset Management Armenia Joint venture with Talanx Asset Management providing pension fund and mutual fund management in Armenia, including the first open-ended mutual fund launched by a foreign investment company in Armenia.

Quantifiable outcome

• Assets under management grew from EUR 6.7 billion (Dec 2019) to over EUR 9 billion (June 2024)
• +3 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• GRAWE GroupcoreStrategic or Co-development Partner · 18 February 2026GRAWE Group (75%) and CQ Investment Group (25%) jointly acquired 100% of LIGA Insurance Company in Armenia. This acquisition expands CQ's presence in the Caucasus region and marks an important milestone in both companies' international growth strategies.
• Accession Capital Partners (ACP)coreStrategic or Co-development Partner · 19 July 2022CQ Investment Group partnered with ACP, a Private Debt specialist, to launch ACP Credit I fund. CQ holds a stake in ACP and offers the fund which focuses on senior secured loans for SMEs in Central Europe. First closing reached EUR 100 million with EIF as anchor investor.
• AG CapitalminorStrategic or Co-development Partner · 30 November 2021CQ Investment Group and Raiffeisen Bank International co-initiated the Austrian Growth Capital Fund managed by AG Capital. CQ is among the founding partners and the fund reached first closing at EUR 140 million, targeting high-growth SMEs in Austria and neighboring countries.
• Vienna Insurance Group (VIG)coreStrategic or Co-development Partner · 20 August 2021VIG/C-Quadrat TFI S.A. joint venture established in Warsaw with VIG holding 51% and CQ holding 49%. Licensed by Polish Financial Supervisory Authority to offer open-ended investment funds and savings products. VIG is Austria's leading insurance group and 4th largest in Poland with 8.5% market share.
• Accuro Group Holding AGminorStrategic or Co-development Partner · 4 January 2021CQ Investment Group acquired 9.83% stake in Accuro Group Holding AG, an independent financial group founded in 1992, based in Switzerland and Liechtenstein. Accuro specializes in fund lifecycle services including design, establishment, management and distribution of investment funds, holding UCITS and AIFM licenses.
• Raiffeisen Bank International (RBI)coreStrategic or Co-development Partner · 5 October 2020RBI and C-Quadrat launched the Austrian Growth Capital Fund targeting Austrian SMEs. RBI acts as anchor investor and together with C-Quadrat and Kathrein Privatbank, solicits further institutional investors. Fund target volume up to EUR 200 million.
• ARIQON Asset Management AGminorStrategic or Co-development Partner · 27 February 2020C-Quadrat Asset Management GmbH acquired 100% of ARIQON Asset Management AG, a pioneer of Austrian bank- and insurance-independent asset managers managing funds since 1999. Acquisition increased CQ Group AuM by approximately EUR 200 million to over EUR 8 billion.
• Talanx Asset Management GmbHcoreStrategic or Co-development Partner · 15 October 2019C-Quadrat Ampega Asset Management Armenia is a joint venture between C-Quadrat Investment AG (Vienna) and Talanx Asset Management GmbH (Cologne, Germany) providing asset management services under Armenia's reformed defined contribution pension scheme.
• Quantic Risk Solutions GmbHcoreStrategic or Co-development Partner · 9 October 2018CQ Investment Group acquired 50.1% stake in Quantic Risk Solutions GmbH, a company specializing in quantitative fundamental and risk analysis. The partnership brings CreditDynamix and AssetDynamix products to CQ's portfolio, used by major European banks and insurance companies.
• Advenis Investment Managers (France)coreStrategic or Co-development Partner · 29 May 2018C-Quadrat acquired 51% stake in Advenis Investment Managers in Paris (2018), then acquired remaining 49% in 2019, gaining full control. Advenis manages innovative investment and real estate funds for institutional and private investors with 30+ employees including 16 portfolio managers.

Scale indicators6 records

Recent moves11 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about C-QUADRAT