SPAIN – Ahorro Corporación launches new fund
Ahorro Corporación, grouping several Spanish savings banks, has launched a new fund set to raise between EUR 50-70m to invest in Castilla y León-based companies.
According to reports, Castilla y León Desarrollo I, Ahorro Corporación’s fourth regional vehicle, is ready to close its first investment. The group, which controls total assets worth in excess of EUR 300m, also manages one regional fund in Valencia and another two in Andalusia.
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