ABN AMRO Participaties to continue independently as Capital A

Press release -

ABN AMRO sells part of its stake in the investment funds of ABN AMRO Participaties (AAP). A consortium, led by AlpInvest and including LGT Capital Partners, Five Arrows Secondary Opportunities (FASO) and Bregal, will join in as new investors alongside ABN AMRO. After closing of the transaction, AAP will continue as Capital A.

With this transaction ABN AMRO will sell part of its stake in the current portfolio. The bank remains involved through its minority investment in the existing portfolio as well as becoming a cornerstone investor in a new fund that is currently being established. 

Putting AAP at arm’s length is in line with the bank’s strategic focus on traditional banking relationships and is in line with market practice. This new structure offers more flexibility for both AAP as well as ABN AMRO going forward.

AAP is a private equity manager, which has been led within ABN AMRO by Friso Janmaat and Marc Damstra, targeting control investments in medium sized Dutch businesses across a variety of sectors (equity tickets range from 5 EUR – 50m). Based in Amsterdam, the team consists of 11 experienced investment professionals. The investments of AAP are a modest part of ABN AMRO’s overall private equity portfolio. The transaction does not have a material impact on ABN AMRO's results.


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