Alantra Investment Managers sells its stake in Access Capital Partners for €115.1mn to boost its growth strategy

• Agreed sale of 49% stake in Access Capital Partners to Bankinter for €115.1mn, subject to shareholder and regulatory approvals

• Alantra IM is well positioned to accelerate organic and inorganic growth, with c.€50mn of available cash plus transaction proceeds providing significant investment capacity

• Strong focus on European acquisitions, targeting specialized asset managers, supported by continued investment in distribution capabilities to drive growth, including first closings

Madrid, 27 March 2026 – Alantra Investment Managers (“Alantra IM”), the entity that pools the Alantra Group’s alternative asset management activities and is backed by Mutua Madrileña as a 20% strategic partner, has agreed to sell its 49% stake in Access Capital Partners (“ACP”) to Bankinter Investment (“Bankinter”). The transaction will be submitted for approval at Alantra Partners’ Annual General Meeting, scheduled for April 28. Completion is expected in the second half of the year, subject to the relevant regulatory approvals.

This transaction demonstrates Alantra IM’s ability to create value through active investment management. It also reinforces the firm’s position to deliver on its growth strategy, which focuses on three key pillars: (i) pursuing organic and inorganic growth by capitalizing on consolidation opportunities in the European market, (ii) strengthening its investment and distribution capabilities, and (iii) increasing its commitment to its own products to better align with investors.

Supporting ACP’s development

Alantra IM became a shareholder in ACP in 2019. Since then, the firm – specialized in buyouts and infrastructure through fund-of-funds, co-investments, and secondary strategies – has achieved significant growth, both in assets under management and financial performance. Over this period, Alantra IM has supported ACP’s development, notably by originally introducing Bankinter as a client of ACP. Bankinter’s close relationship with the firm, together with its strong distribution capabilities, makes it an ideal partner for ACP’s next phase of growth.

Creating value by rotating non-core assets

This divestment is in line with Alantra IM’s strategy of rotating assets once they reach maturity and redeploying capital into new high-growth investment opportunities. The transaction, valued at €115.1mn, is expected to generate a capital gain of approximately €69mn for Alantra IM’s shareholders and represents a 3.4x return on the initial investment (including dividends received over the period).

Funding the strategic plan

Since 2019, Alantra and Mutua Madrileña have supported the development of Alantra IM with more than €175mn of investment, including commitments to proprietary products. The current investment portfolio (Investment Pool) is valued at €100mn. In this new phase, both partners aim to continue driving growth both organically and through acquisitions, while increasing their investment in proprietary products. Further details on specific growth initiatives will be announced in the coming months.

Patricia Pascual-Ramsay, CEO of Alantra Asset Management, and Jacobo Llanza, Executive Chairman of Alantra Asset Management, commented: “We are entering a new phase of growth and are focused on building a leading alternative asset management platform in Europe by leveraging our capabilities, increasing investment in our own products, and inorganic growth opportunities. With around €50mn in cash, plus the proceeds from this transaction, we have the firepower to play an active role in the consolidation of the market. We aim to invest in specialized asset managers with a certain critical mass, supporting their growth, including helping them achieve first closings, while also leveraging and further strengthening our distribution capabilities.”

Alantra IM currently manages €12.8bn across its core strategies and firms in which it holds a strategic stake.