Bankinter Investment the drive of a new brand
The Investment Banking business made a qualitative leap in 2019 with the launch of an own brand: Bankinter Investment, strengthening the identity of an area with growing weight in the business that spans the advisory, investment and funding activities of the Investment Banking segment.
At the close of 2019, Bankinter Investment had nine vehicles, with capital of 1,800 million euros deriving from private banking customers and Spanish institutional investors, with an investment of over 3,000 million euros in assets including leverage.
With the boost of this new brand, stronger teams and internationalisation, the aim of Bankinter Investment for the next three years is to double its capital and achieve investment of 8,000 million euros in different types of alternative assets.
These alternative assets are the Bank's value proposition for high net wealth individuals and for institutional clients in the current market scenario of low interest rates and volatility, which makes it necessary to seek alternatives to traditional investment products.
The new vehicles, which make up the best platform of this type in Spain, include:
- Atom (SOCIMI): an investment vehicle for hotel assets, which started trading on the Alternative Stock Market (Mercado Alternativo Bursátil or MAB) in 2018 and carried out a capital increase in 2019 after all its initial capital had been successfully invested.
- Ores (SOCIMI): a vehicle based on the acquisition and management of commercial real estate assets that has been listed on the MAB since 2017. Given the positive results of Ores, in December 2019, Ores Portugal was launched, with a similar investment target, which will start trading on the Euronext Access in the first quarter of 2020.
- Helia Renovables (venture capital fund): a vehicle that invests in a key sector for environmental sustainability. Three releases of the fund have been made, due to its success.
- VStudent Aulis (venture capital fund): a vehicle that focuses on the acquisition and management of opportunities in the largely unexplored segment of student residences.
- The Titán fund, recently registered by Bankinter Investment, which will invest in northern European infrastructure.
- MBV Fund, a pioneering fund of funds launched in 2019, which invests in the highest-potential technology companies in Silicon Valley, in which Bankinter is partnered by the entrepreneur and investor in new technologies, Martín Varsavsky.
Bankinter's strategy is to find the best possible professional manager for each type of investment and co-invest with them, playing an active role in the control and monitoring of the investment vehicle. In this way, the Bank is represented in the decisionmaking bodies of all vehicles, with a veto over any decisions that do not fit with the strategy agreed with investors.
Other core activities carried out by Bankinter Investment are:
- Advisory services for mergers and acquisitions.
- Capital markets.
- Real estate transactions.
- Funding (through the Bank's own balance sheet) of entrepreneurial projects.
Advisory: The private market remained very active, both on account of transactions between manufacturers and acquisitions, which venture capital and real estate funds played an important part in. The advisory team performed 30 transactions during the year in the area of mergers and acquisitions, capital markets and real estate. In 2020, the number of transactions is expected to increase, thanks to the visibility with which the year has started compared to 2019.
Structured and alternative financing. There was once again growth with respect to previous years in terms of investment volume and the number of transactions arranged. The greatest activity was seen in project financing, mainly in brownfield and renewable energy projects.
The volume approved surpassed 1,300 million, taking the portfolio (including corporate) to above 2,500 million euros.
The combination of colour, photography and tone of voice makes the Bankinter Investment brand a clearly sophisticated brand, reflecting the nature of its services.
The result, Bankinter Investment, has its own style and character, but is still closely associated with Bankinter, enriching the main brand with new perceptions and gaining the support and reputation of a leading brand.
Its own character makes it:
- A sophisticated brand, reflecting the nature of its services, but always based on good taste and sobriety. A brand that exudes closeness, that is comfortable creating real relationships between people but is also able to express itself with artistic sensitivity.
- A brand with the pragmatic nature of a specialist but the personality of an openminded expert with a restless spirit.
- A brand that defends and expounds the value of alternative thinking, based on the conviction and reputation of Bankinter.
Its main colour, green, is one of the brand's most notable features . A colour that stands out in the Bankinter universe.
