CDPQ and IFC Acquire 50% of Colombia’s Alianza: Brokerage, Trust & Asset Management

Australis Partners, an independent private equity firm focused on Latin America, in association with Caisse de dépôt et placement du Québec (CDPQ), a Canadian institutional investor and the International Finance Corporation (IFC), a member of the World Bank Group, today finalized the acquisition of the 50 percent stake in each of Alianza Fiduciaria and Alianza Valores owned by Advent International. Financial terms of the transaction were not disclosed.

Australis Partners, CDPQ, IFC and current 50 percent shareholder, the insurance brokerage and financial services firm Grupo DeLima,  have formed a new investment alliance to manage their collective investment in the Alianza companies.

Enrique Bascur, Managing Partner of Australis Partners, said: “We look forward to working with Grupo DeLima in this new investment. We see great growth potential in Alianza and look forward to partnering with management to take the firm to the next level. We plan to continue supporting the company’s growth in the trust business and continue the ongoing effort to help the company become a market leader in asset management by expanding its product offerings, driving operational improvements, and exploring partnerships in the region.”

Ernesto de Lima, President of Grupo DeLima, said: “Our new investment alliance with Australis Partners, CDPQ, and IFC will greatly assist in our ongoing work to continue Alianza’s growth trajectory. We look forward to utilizing the expertise, regional network and resources that Australis Partners, CDPQ, and IFC have as we explore additional growth channels for Alianza.”