Garrigues advises on AMG’s entry into Suma Capital as a minority shareholder

Garrigues has advised AMG on its minority investment in Suma Capital, a sustainable investment manager based in Barcelona.

AMG is a leading partner to independent investment firms globally and its more than 35 affiliates manage approximately $699 billion in assets across a broad range of strategies. AMG’s distinctive partnership approach magnifies the advantages of partner-owned independent firms, while actively preserving their independence. This partnership marks AMG’s second direct investment in a pan-European private markets manager operating in a secular growth area.

By leveraging AMG’s broad range of proven strategic capabilities, Suma Capital expects to more rapidly advance its growth strategy, including through the development of innovative investment strategies aligned with its decarbonisation objectives, and to further its goal of becoming the leading European investment manager focused on decarbonisation, building on its recent achievements of opening an office in Paris and making its first investment in Italy.

The team consisted of Ignacio Corbera, partner corporate; Luis de la Peña, partner financial regulatory, Ramón Tejada Fernández, partner tax, Ignacio Esteban, partner employment (all pictured), Juan Camilo Sánchez Gutiérrez, principal associate tax, Francesc Cholvi, senior associate financial regulatory, Tristan Bernabe, senior associate corporate and Javier Velasco Lozano, senior associate employment.