Paris-based Lonvia Capital has signed an agreement with third-party marketer Capital Strategies Partners to distribute its funds to institutional investors in the US offshore and Latin American markets.
The deal marks Lonvia’s first US offshore foray and targets mainly Chile, Peru and Colombia, according to an announcement from both firms.
‘We want to expand our partnership with Capital Strategies Partners to boost our investment funds to the US offshore market, where many investors have shown their interest in the management of Lonvia Capital,’ said Ivan Diez and Francisco Rodriguez d’Achille, partners and directors at Lonvia Capital.
The independent asset manager, which specializes in investing in European small- and mid-cap companies, manages a total of three Luxembourg-domiciled funds:
In total, it has approximately $437m in assets under management across its three funds, according to its website.
Jorge Velarde of Capital Strategies Partners said: ‘We are looking forward to working with Lonvia Capital in some of our markets in Latin America. We are sure it will be a success.’
Lonvia added that it was looking to reinforce its approach to investment with its funds, adding specific ESG criteria to its process while also creating a separate foundation which would allocate 10% of its annual net profits to medical research, education, social projects and the preservation of the environment.
