The Spanish asset management industry broadens its family with the arrival of a new member, Finletic Capital, which is aimed for collective investment institutions and whose launch raises to seven the number of Spanish asset management companies registered since the start of 2017.
The new manager’s shareholding is divided into two groups, integrated by several professionals. The first, coming from the Internet and technology industry, is represented by fintech professionals such as Daniel Giménez and Raúl Puente (former co-founders of Trovit), while the second group is made up of high wealth management professionals such as Borja Durán and Jorge Coca, who are also shareholders of Spanish EAFI Wealth Solutions.
Both Durán and Coca tally 16 years’ experience as financial advisors for ultra-high-net-worth families, institutions and businesses.
Rafael Juan y Seva, head and partner of Wealth Solutions, and from now will also be the president of Finletic Capital, said: “Finletic Capital aims to help investors to meet their personal and professional goals through the management of their assets.
“Investors with low capital will have access to the same service and investment process provided to ultra-high-net-worth individuals.”
Finletic Capital will have its own structure, management and team, which will be operating separately from Wealth Solutions.