The fund, structured as a Fondo de Inversi\u00f3n Libre (FIL)\u2014a flexible, open-ended investment vehicle under Spanish regulation\u2014will offer monthly subscriptions and semiannual redemptions. This provides a level of structured liquidity that is uncommon in private-markets products. It also ensures that BBVA can offer a continuously available solution for clients seeking to add or increase their exposure to private markets. Because it is an FIL structure, Spanish-resident individuals may qualify for the tax-deferral regime that allows transfers between investment funds without triggering immediate taxation under Spanish law.<\/p>\n
BBVA Open to Partners Group Mercados Privados IX, FIL will give BBVA\u2019s retail clients in Spain access to Partners Group\u2019s institutional investment platform. The fund combines active management with broad sector and geographic diversification, offering exposure to private equity, infrastructure, and private debt across the United States, Europe, and Asia-Pacific. Through this evergreen structure, investors gain indirect access to a private-markets portfolio that is already invested, providing continuous exposure with no predefined maturity date. This enhances capital efficiency and supports more stable long-term returns.<\/p>\n
This is a marketing communication. The fund\u2019s prospectus and DFI are available in the CNMV registry (no. 140) for review before making any investment decision.
\nManagement company: BBVA ASSET MANAGEMENT, S.A., SGIIC; Depositary and distributor: Banco Bilbao Vizcaya Argentaria, S.A.<\/p>\n","protected":false},"excerpt":{"rendered":"The fund, structured as a Fondo de Inversi\u00f3n Libre (FIL)\u2014a flexible, open-ended investment vehicle under Spanish regulation\u2014will offer…\n","protected":false},"author":2,"featured_media":6015,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123],"tags":[148],"class_list":{"0":"post-6014","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bbva","8":"tag-bbva"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/6014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=6014"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/6014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/6015"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=6014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=6014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=6014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}