Alantra has reached an agreement with Ion Ion, the family office of Jon Riberas, vice president of Gestamp, to promote the pan-European expansion of its private debt management platform, as reported in a statement.

In this way, Ion Ion will acquire a “strategic participation” in the Alantra platform through the subscription of a capital increase. Alantra has stressed that this operation will allow it to “strengthen resources” to develop its business organically and inorganically in Europe.

Likewise, the Spanish businessman’s ‘family office’ is also committed to contributing capital to Alantra’s private debt strategies, both existing and future, together with the common investment ‘pool’ that Alantra itself already maintains with Mutua.

“The strategic agreement with Ion Ion also represents an important milestone for Alantra in its alternative asset management business, which aims to replicate the expansion achieved by the investment banking division through diversification, expansion and enhancement of exposure European,” Alantra has indicated.

The private debt manager is structured into several business lines. On the one hand, Alteralia, which offers direct loans to companies. This division has two debt funds of 345 million euros already underway and is seeking funds to launch another for 205 million.

The manager Indigo Capital is also included, where Alantra has 49% of the capital. The firm has completed 70 debt investments for a total value of €1.1 billion. On the other hand, it also offers real estate debt operations and credit opportunities for medium-sized companies.