AC Gestión will operate as Abanca’s asset management arm, it is understood. The asset manager currently offers 66 funds with total AUM of some €3bn.
Its flagship fund is AC Fondepósito, which manages above €1bn according to the group.
Financial Managers and Deloitte acted on the buyer’s behalf while KPMG assisted the vendor.
InvestmentEurope is pleased to present the Fund Selector Forum Israel 2014 taking place on 3rd December 2014 at the Hilton Tel Aviv.
The Forum is complementary to attend for those who qualify, but places are strictly limited to 25 delegates.
To register your interest please complete the booking form here, or contact Louise Hanna at email@example.com or +44 (0)20 3727 9929.
Click here for further details: http:// http://www.investmenteurope.net/events/