After the creation of its subsidiary in Chile in 2018, the European Group ADEPA, based in Luxembourg, redoubles its local commitment with the acquisition of the company Planes, a historical player in the Chilean financial sector, provider of Back Office Fund Services and Financial Software.
With this step, ADEPA offers a unique model in the market, where it combines innovation and global operations, the highest standards of the European fund industry and the local specialization established in Chile for decades.
The company will be led by a Board of Directors made up of Carlos Alberto Morales, CEO of the ADEPA group; Omar Miranda, Country Head; Eduardo Ferrer, Founder of Planes; Gustavo Favre and Roberto Bustos, Independent Directors.
The group also reinforces the existing team with the appointments of Pedro Becerra as Operations Manager and Ignacio Gómez as Sales Manager.
“Our objective is to provide 360º solutions, tailored to the needs of each client, which will help these actors in the financial sector to focus their activity on what they do best, investment management. This way, it will allow them to unload the administrative areas in a group that already has a leadership position in Europe, a global presence, and with total independence, this point being a differentiator since it avoids any conflict of interest by not belonging to any group financially."
According to Omar Miranda, “Adepa’s vision in Chile is to especially enhance the operational capabilities of fund and portfolio managers, scale their talents and comparative advantages, and innovate in long-term regulatory solutions here and in the European Union, particularly Luxembourg.”
About Adepa:
The ADEPA Group has offices in Luxembourg, Spain and Italy, and hopes to become a main player in the Fund Administration sector within the Latin American region, relying on the entity’s 40 years of Global experience, and delivering to the market Chile from Santiago itself, access to its two main business lines:
– Back Office and Middle Office services to Fund Administrators, Wealth Management Portfolios, Stockbrokers, and others.
– Management Company and AIFM services for funds domiciled in Luxembourg.
Follow us on LinkedIn to get the latest news!