Madrid-based asset management boutique Azvalor has launched what it claims to be Spain’s first multi-manager equity fund.
The fund, to be managed by Javier Sáenz de Cenzano, will invest globally through a selection of managers curated by him.
It aims to bring together managers from different parts of the world who each share similar investment ideas to those of Azvalor.
De Cenzano said: "Azvalor is the perfect place to develop this initiative given its long-term mentality and corporate culture, which is focused on seeking the best interests for co-investors. It is really important to emphasise the alignment of interests of the underlying Managers, Azvalor, its investment team, and the fund’s investors”.
Azvalor was founded in 2016 and has four funds with €1.7 billion of assets under management.
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