Business · Companies · 2 hrs ago
Santander commits over €4.4bn to its alternative investments unit
Santander has committed more than €4.4bn in co-investments to support its alternative investments business.
The platform, part of Santander Asset Management, manages €10bn in alternative assets and invests in areas such as private equity, private credit, infrastructure and real estate.
The commitment equals 44% of the bank’s illiquid assets under management, showing how strongly it is backing the business.
Santander is expanding beyond traditional banking as it seeks growth in private markets and aims to attract institutional investors, family offices and private investors.
The unit is a growth priority for the group’s Wealth Management & Insurance division, which manages assets across markets including the UK, the US, Latin America and Spain.
Santander also plans to expand through acquisitions, but has not yet made significant deals in this area.
Santander has committed more than €4.4 billion in co-investments to support the growth of its alternative investments platform.
The commitment represents 44% of the bank’s total assets under management in illiquid assets, according to Expansión.
Santander Alternative Investments manages €10 billion in assets.
The platform invests in areas including private equity, private credit, infrastructure and real estate.
Santander did not comment on the information.
- Who
- Santander.
- What
- The bank has committed more than €4.4 billion in co-investments to support Santander Alternative Investments.
- When
- The latest available data cited in the article. The article was published on October 22, 2026.
- Where
- Santander’s alternative investments business; the article does not specify a single location.
- Why
- To support the development and growth of the platform and its alternative investments business.
This story does not have two clearly opposing sides.
Carlos Manzano joined Santander from Deutsche Bank.
Santander expanded its alternative investment strategies, hired professionals and allocated resources to grow the business.
Expansión reported the bank’s commitment of more than €4.4 billion, citing the latest available data.
- Co-investment commitment
- More than €4.4 billion
- Share of illiquid assets
- 44%
- Platform assets
- €10 billion
- Platform director
- Carlos Manzano
- Article publication date
- October 22, 2026