Beka Finance to acquire Trea Asset Management from Lovell Minnick Partners.

Beka Finance, an investment bank, agreed to acquire Trea Asset Management, an operator of an asset management firm, from Lovell Minnick Partners, a private equity firm. Financial terms were not disclosed. “We are very pleased to have reached this agreement with Trea AM, which places us at the forefront of asset management in Spain, both liquid and alternative, and allows us to register a notable increase in Beka Finance's assets. In addition, we strengthened ourselves in a segment, retail distribution, in which until now we had a limited presence, which marks a clear roadmap for the coming years," Carlos Stilianopoulos, Beka Finance CEO.