The partnership agreement will see Ion Ion commit capital to Alantra’s existing and future private debt strategies, alongside Alantra and Grupo Mutua, through their commonly funded investment pool.
Ion Ion will acquire a strategic equity stake in Alantra’s private debt platform through a capital increase. This will bolster the financial resources required for the platform’s business development across Europe.
Alantra is one of the most active private debt players in the mid-market space in Southern Europe, having deployed more than 2 billion euros across five countries.
Together with Indigo Capital, in which Alantra holds a 49% stake, the platform works from offices in Paris, Milan, and Madrid across four different strategies, namely, corporate direct lending through a series of debt funds, flexible capital solutions via Indigo Capital, real estate debt provision across a variety of countries and asset classes, and a credit opportunities strategy which has already achieved a first close.
Beyond Alantra’s private debt platform, the strategic agreement with Ion Ion also represents an important milestone in Alantra’s broader project for its alternative asset management business, which aims to replicate the expansion achieved by its Investment Banking division through diversifying, scaling, and enhancing the European exposure of its alternative asset management business.
Ion Ion is a leading family office in Spain, controlled by Jon Riberas. The firm invests in a wide range of asset classes including direct private alternative investments with a multi-strategy approach, targeting geographic and sector diversification.
