Inversis, a 100ct subsidiary of Spain’s Banca March specialising in global solutions for financial asset distribution, has agreed to acquire 40pct of Adepa, a Luxembourg-based group providing management and administration services for investment vehicles (UCITS and alternative funds, including real estate and venture capital), which has operations in Luxembourg, Spain, Italy and Chile. The agreement includes the option that Inversis can take control of 100pct of Adepa within seven years. For the Spanish market, Inversis and Adepa have agreed to concentrate all the administration services provided to investment and pension fund management companies through Adepa’s Spanish subsidiary.
