Alantra Partners reaches deal for 40% stake in MCH Investment
Alantra Partners reaches deal for 40% stake in MCH Investment
Print
Private markets manager Alantra Partners agreed to acquire a 40% stake in alternatives manager MCH Investment Strategies, an Alantra spokesman confirmed.
MCH Investment, Madrid, which is focused on investors in Italy, Portugal and Spain, will boost Alantra's business by €3 billion ($3.6 billion) in assets under management. Alantra is also based in Madrid. Terms of the deal, which is expected to close shortly, were not disclosed, the spokeman added.
"MCH Investment Strategies is in a privileged position to be able to scale its business in the coming years: a great management team that shares our entrepreneurial culture, a high-quality product offering and exclusive agreements with top-notch international alternative asset managers," said Santiago Eguidazu, executive chairman at Alantra, in the news release. "We are ... very satisfied with the agreement reached and looking forward to working with ... the entire MCH Investment Strategies team to help them achieve their growth objectives."