Santander launches private equity platform to support Spanish SMEs

Banco Santander has launches a private equity platform aimed to provide companies with alternatives to traditional financing, ranging from private or personalised debt to offering an equity stake in the business. Tresmares Capital, the new platform, will work separately under the bank's governance and have a pre-established framework of actions that will be supervised by Banco Santander's risk team. The platform will have a new team of professionals, specialising in private equity fund management and transaction structuring, "and its aim will be to identify, select and accompany the d...