Bankinter Investment has launched Bankinter Investment Inversión Alternativa II, HF, a hedge fund aimed at making diversified alternative investment more accessible to a greater number of customers. The fund allows investment from 10,000 euros in a diversified portfolio of real economy assets—such as energy, real estate, infrastructure, tourism, logistics and other sectors—with a long-term focus, mainly in Europe and OECD countries. The HF has a more flexible investment policy than traditional venture capital funds and allows contributions and redemptions through transfers to and from other investment funds. The launch is part of Bankinter Investment’s strategy as a leader in alternative investment since 2016, with more than 30 vehicles launched and a multi-sector and diversified platform that seeks to complement traditional investment portfolios, improve the risk-return ratio and generate sustainable long-term value.
Bankinter Investment, SGIIC, S.A.U., the asset manager of Bankinter Investment (a subsidiary of Bankinter Group specialising in alternative investments), has launched the hedge fund (HF) as a new step in its strategy to make direct investment in real assets more accessible to a greater number of investors, facilitating this type of opportunity through a platform with 10 years of experience in alternative assets, a flexible investment structure and a long-term focus.
The new fund, called ‘Bankinter Investment Inversión Alternativa II, HF’, allows access through a single vehicle to a diversified portfolio of assets in the real economy starting from 10,000 euros, a threshold significantly lower than is usual in this type of investment, which has traditionally been reserved for high-net-worth individuals and institutional investors. Bankinter Investment expands access to alternative investments in important sectors such as energy, real estate, infrastructure and venture capital by integrating them into customers’ investment portfolios in an orderly and professional manner, enabling investors to take advantage of these diversification opportunities through a single vehicle.
The fund will be managed by Bankinter Investment, SGIIC, under its direct investment model, with decision-making capacity and control over the underlying assets, and supported by an ecosystem of expert specialised talent. This is a distinctive investment and management strategy that has allowed Bankinter Investment to position itself as one of the leading asset managers in alternative investment in the Iberian Peninsula. As is customary in the manager’s investment vehicles, Bankinter will be the principal investor in the fund, reinforcing the alignment of interests with investors.
The HF is a closed-ended fund designed to build a diversified portfolio of alternative assets, mainly in Europe and other OECD countries, with a long-term focus. Its aim is to complement traditional investments in customers’ portfolios, injecting stability, an attractive risk-return ratio, decorrelation from listed financial markets and sustained value generation. The target return is 9% net IRR after fees, with a target average annual coupon of 5% at the end of the investment period, although these targets do not constitute a guarantee of future returns.
Bankinter Investment Inversión Alternativa II, HF has a more flexible policy than traditional venture capital funds, conferring greater capacity to the manager to execute transactions that might be limited in other investment vehicles.
One of the most distinctive features of the fund is the ability to make contributions through transfers and receive distributions from it in other investment funds, allowing individuals who are tax residents in Spain to defer the taxation of the capital gains generated, as with traditional investment funds. This advantage provides greater tax efficiency and enables investors to restructure their portfolio without an immediate tax impact.
An investment adapted to the current context.
The launch of this new HF takes place in a context where diversification is of particular importance. Alternative investment is gaining ground as a natural complement to traditional fixed income and equity portfolios, offering exposure to real assets with less correlation with financial markets and the ability to generate distributions for investors on a more regular basis, contributing to a better and more stable risk-return ratio and the potential for long-term capital appreciation. In this context, the key is not only to invest in alternative assets, but to do so in a diversified way and through experienced platforms.
The launch reflects Bankinter’s trajectory as a benchmark in alternative investment since 2016 when the Bank started developing its own model based on direct investment in real economy assets, the search for broad sectoral and geographical diversification and active management geared towards both investment and divestment. This model has allowed Bankinter Investment to consolidate its platform as the leading alternative investment manager in the Iberian Peninsula.
About Bankinter Investment
Bankinter Investment has been engaged in alternative investment since 2016, during which time it has remained true to its commitment to offer a multi-sector platform. This has enabled the Bank to co-invest with its customers in renewable energy, sustainability, student residences, the hotel sector, real estate logistics, infrastructure, technology, commercial spaces, residential properties and venture capital. Located across 14 countries, these 11 sectors bear testament to Bankinter Investment’s diversifying approach to its investments.
The drive for alternative investment vehicles, in which Bankinter Investment is a leader in Spain and Portugal, has enabled more than 15,000 Spanish and Portuguese investors to co-invest with Bankinter Investment and its partners, with a clear focus on promoting long-term financial savings, diversifying into real assets, optimising risk-return ratios and generating lasting value for society.
Bankinter Investment, SGIIC recently announced two significant corporate transactions: integration with Plenium Partners SGEIC, a Spanish alternative investment manager with 19 years of experience in the field of energy, environment and social infrastructures and a partner of Bankinter Investment since 2017; and the acquisition of a significant stake in Access Capital Partners, a European alternative investment manager with 28 years of experience and a specialist in infrastructure and venture capital. Both operations, pending the relevant approvals from the competent regulatory bodies, strengthen Bankinter Investment’s leadership, increase its scale—with more than 14 billion euros in assets under management—and expand its diversification capacity in sectors and geographies, with a stronger international presence.