The rebranding of DPAS was announced in a press release by Indosuez on Tuesday, following the merger of Indosuez Wealth Management and Degroof Petercam.
The new unit, Indosuez Fund Solutions, employs 130 staff and has €60 billion in assets under management as of June 2025, the company confirmed.
Indosuez Funds Solutions is a subsidiary of Indosuez Wealth Management, part of the Crédit Agricole group, which employs over 4,500 people in 16 countries worldwide, including almost 600 staff in Luxembourg.
At the time of the announcement of the initial deal in 2023, Degroof Petercam, which was founded in 1871, had more than 1,500 workers at offices in Belgium, France, Switzerland, Spain, the Netherlands, Germany, Italy and Hong Kong and over 120 staff in Luxembourg.