Sole advisor to Mutua Madrileña on the acquisition of a stake in EDM
AZ Capital has advised Mutua Madrileña on the acquisition of a 30% stake with the option to acquire up to 51% in 2019 of EDM.
EDM is one of the leading independent asset managers in Spain with more than €3,7 Bn in assets under management and offices in Barcelona, Madrid, Luxembourg and Mexico City.
With this transaction, Grupo Mutua successfully advances in on one of the objectives of its 2018-2020 Strategic Plan: to grow in the wealth management and advisory business and strengthen Mutuactivos as the leading independent investment fund manager in Spain.
Sector: Financial Institutions and Servicesgo to sector