Ancala has agreed to sell a minority stake to Vontobel, a listed global investment manager, to accelerate its expansion plans. Financial terms were not disclosed.
Ancala has more than €4 billion ($4.3 billion) of assets under management and manages 18 assets operating in essential infrastructure sectors, including renewable energy and energy transition, transport, utilities and the circular economy.
Vontobel is a global investment firm with Swiss roots. It specializes in wealth management, active asset management and investment solutions. As of Dec. 31, 2023, Vontobel held CHF 264.9 billion ($304 billion) of total client assets.
“This stake in Ancala is an important milestone in the execution of our strategy,” noted Christel Rendu de Lint, co-CEO of Vontobel. “Providing access to the highly attractive private infrastructure market means clients can benefit from stable, uncorrelated and inflation-protected cash yields and long-term value creation through
