Alantra strengthens its specialized capabilities in the FIG sector with the appointment of Pedro Urresti as Managing Director

Date 9 February 2023

Type Press Releases

  • Mr. Urresti is a highly reputed expert in the FIG sector who brings over 30 years of experience advising European banks, insurance companies, asset managers, and public sector institutions
  • The appointment bolsters Alantra’s track record and global capabilities in this industry. The firm is one of the leading advisors in FIG in Europe, with a team of more than 150 professionals fully dedicated to the sector who have completed c. 250 transactions worth more than €160bn in the last four years

Madrid – Alantra, the global investment banking firm and asset management specialist, has strengthened its specialized capabilities with the appointment of Pedro Urresti as a Managing Director based in Madrid. The appointment will bolster Alantra’s coverage of the FIG sector.

Mr. Urresti is a highly reputed expert who brings over 30 years of investment banking experience in advising European banks, insurance companies, asset managers, and public sector institutions. He joins Alantra from HSBC, where he was Co-Head of the European FIG business. Prior to that, he spent 10 years at BBVA in senior positions, as Deputy Group CFO, Head of Investor Relations, and Head of Non-Performing Asset Management. Before that, Mr. Urresti led JP Morgan’s Capital Markets team in Iberia for 7 years.

Mr. Urresti’s appointment builds on Alantra’s track record of helping banks, lending platforms, insurance companies, asset & wealth managers, brokers, and other market participants achieve their growth, deleveraging, and liquidity objectives. Alantra’s FIG capabilities encompass more than 150 dedicated professionals offering a fully integrated range of advisory services (M&A, Structured Funding & Asset Backed Securitizations, Credit Portfolio transactions, and Equity Capital Markets) to clients across Europe, the Americas, and Asia Pacific.

Since 2019, Alantra has completed c. 250 transactions worth more than €160bn in the banking sector, including different M&A and ECM activity – Liechtensteinische Landesbank’s public takeover of Bank Linkth (as fairness opinion provider), the IPO of Linea Directa (IPO market cap of €1.4bn), and Six’s takeover of BME for €2.8bn as well as some of the largest NPE securitizations in Europe – three synthetic securitizations completed by Piraeus Bank last year worth €2.7bn and two securitizations completed by Unicredit also last year worth €2.4bn.

In Spain, Alantra has acted as the main sell-side advisor on more than 100 portfolio transactions, on numerous M&A deals such as the sale of Haya Titulización to Beka Finance or Solvia Servicios Inmobiliarios to Intrum, and as the main or sole arranger on multiple structured finance and asset-backed transactions in the past four years.

 “We are very happy to welcome Pedro, a professional with such a strong market reputation in one of the most active sectors in Europe. Pedro brings a wealth of knowledge and experience that will prove invaluable in achieving our growth ambitions in the overall FIG space”, said Joel Grau, CEO and Managing Partner at Alantra CPA. “For Alantra, his appointment marks a significant step forward in its ambition of creating a full-fledged and differentiated service offering .”

Pedro Urresti, Managing Director of FIG at Alantra, commented: “I am very excited to join a team I have known for years, with a demonstrated track record of continued growth and innovation in the space. I look forward to both helping the team continue to deepen the coverage of the FIG sector as well as to supporting clients in this hugely active industry.”