GVC Gaesco has acquired Sandman Partners to expand its Family Office and Wealth Management services, with the goal of reaching €10 billion in assets under management over the next three years.

Information on the Target

GVC Gaesco, an independent financial group based in Barcelona, has recently formalized the integration of Sandman Partners. Founded in 2012, Sandman Partners is an investment management firm that specializes in providing independent investment advice while managing both traditional and alternative assets. With a team of nine professionals, the firm has a particularly strong focus on private equity and has actively managed closed-end funds since 2020.

This acquisition is aimed at reinforcing GVC Gaesco's offerings in the Family Office and Wealth Management sectors. Cristina Marsal, the founding partner and CEO of Sandman Partners, will join GVC Gaesco Holding as a shareholder and will take on the role of director for the Sandman Multi Family Office.

Industry Overview in Spain

The financial advisory industry in Spain has been experiencing considerable evolution, with a shift towards specialized services tailored for high-net-worth individuals. Wealth management firms are increasingly emphasizing personalized s