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Marex to Acquire Geneva Fixed-Income Market Maker Valcourt

The planned purchase seeks deeper reach into Switzerland’s institutional debt market.

Overview

  • Marex announced the agreement on October 22, 2025, with closing targeted for the first half of 2026 pending regulatory approval.
  • The acquisition would add about 700 institutional clients spanning banks, independent wealth managers, and asset managers.
  • Valcourt focuses on specialized fixed income, including high-yield, subordinated, emerging-market, private, and sustainable debt.
  • Marex says the Valcourt team will bolster its Capital Markets capabilities and deepen ties with Swiss institutions, according to Paolo Tonucci.
  • Valcourt CEO Mike Conway said clients would gain access to Marex’s global network and expertise through the partnership.