Lovell Minnick Makes Investment in Trea Asset Management

INVESTMENT MANAGEMENT DEALS BLOG

February 23, 2017

On February 20, 2017, Lovell Minnick Partners announced the completion of a growth investment in Trea Asset Management.

Lovell Minnick Partners (“Lovell Minnick”) will provide capital to support the growth of Trea Asset Management (“Trea”), who recently acquired Banco Madrid Asset Management, manager of €1.3 billion of mutual fund assets. Trea will continue to be majority owned by its Chairman and Founder, Carlos Tusquets. The terms of the transaction were not disclosed.

Lovell Minnick is a private equity firm specializing in financial and related business services that has raised over $1.7 billion in committed capital. Lovell Minnick’s asset management portfolio companies include Matthews International Capital Management and 361 Capital.

Trea is an independent asset management firm with offices in Barcelona and Madrid, specializing in mutual funds across equities, fixed income and fund of funds through various distribution partnerships. Trea has approximately €2.8 billion in assets under management.

To read the press release: please click here.

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