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Alantra moves the headquarters of its investment banking business from Madrid to London

Date: March 1, 2024 Time: 08:20:36

The financial firm Alantra has made the decision to move the headquarters of its investment banking business from Madrid to London. The firm has described the move as a “natural step” due to the growth of this segment and the weight of the City as a financial ‘hub’, as explained by the company in a statement collected by Europa Press.

In this sense, Alantra is present in 22 countries around the world and generates just over 70% of its income outside of Spain. The move of the headquarters to London will mean that Alantra will have access to more institutional capital and the “best talent” in the industry, the firm has indicated.

In this way, the new office will house the more than 180 professionals that Alantra currently has in London, of which 150 are investment bankers dedicated to mergers and acquisitions (M&A), debt, credit portfolio advice, structured financing and securities. deactives.

In this way, the CEO of the investment banking business, Miguel Hernández, and the co-chairman Andy Currie will be based in the British capital. Also the new CEOs of advisory to financial institutions, Andrew Jenke and Nick Colman.

Maintain your headquarters in Madrid

The company, which will maintain its headquarters in Madrid for the group and the asset management, private capital, technology services and energy transition activities, has decided that it will transfer part of its corporate services to London. The areas that will leave for London will be the group’s Human Resources and the financial and operations management of the investment banking business.

Similarly, Madrid will remain as a ‘hub’ for the investment banking business, along with Paris, New York, Boston, Frankfurt and Milan. Likewise, it aspires to “take advantage of the current context to attract professionals and teams in its main geographies”.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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