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Announced

Alantra to form a joint venture with Enagás.

Synopsis

Alantra, an international financial services firm, is set to form a joint venture with Enagás, a Spanish energy company. Enagas will take 30% of this company, of which Alantra will have the majority of the shares and will integrate it into its part of Asset Management. Financial terms were not disclosed. “By launching this fund, Alantra will be able to offer its clients and investors a new highly specialized investment strategy in a €300bn+ industry. It also contributes to Alantra Asset Management’s strategic objective of becoming a leading player in the alternative asset management industry in Europe by increasing diversification and increasing our global exposure. Additionally, the fund aligns with the commitments to ESG undertaken by both companies,” Jacobo Llanza, Alantra Asset Management CEO.

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