284
284

JP Morgan Am and MCH Investment Strategies Close a €370 Million Asset Fund for Portugal and Spain

July 27, 2021 – Ana Custódio

MCH Global Real Asset Strategies invests in infrastructure, transportation and real estate.

JP Morgan Asset Management, one of the world’s largest asset management companies, and MCH Investment Strategies, a company founded in 2008 and with around EUR 4 billion in assets under management or representation, have announced the closing of the first fund resulting from their strategic alliance for the development, management and distribution of real asset programmes in Portugal and Spain, the two firms announced today.

In just four months, the MCH Global Real Asset Strategies fund, which has been marketed mainly to institutional clients and through private banks, has raised over 370 million euros.

The fund, launched last February, will diversify its investments by country, sector and asset type in infrastructure, real estate and transport.

In their agreement, JP Morgan AM introduced its range of alternative investment solutions in Spain. In addition, both institutional investors and private banks can access the international manager’s real asset strategies tailored to the Spanish market.

Javier Dorado, Managing Director of JP Morgan AM in Portugal and Spain, said that “this first product, the result of the collaboration with MCH, has been a magnificent opportunity to provide a wide range of investors access to a core alternative investment product with income distribution and a very interesting investment horizon for this asset class.”

According to Tasio del Castaño and Alejandro Sarrate, founding partners of MCH IS, “MCH Global Real Asset Strategies is a good example of the philosophy we have followed since our inception, seeking a balance between interesting investment strategies for the current moment, such as real assets, from the hand of some of the world leaders in the asset class and through vehicles adapted to our clients’ needs.” “In the coming months, we will launch more products with JP Morgan following this same philosophy, while continuing to represent international management companies specialised in different types of assets,” they advanced.

Translation: Richard D K Turner