A&G announces the addition of new shareholders to its capital, with the entry of institutional investors and family offices from Spain and Latin America — all with a long-term investment horizon — representing a total 40% stake. In addition, some of the existing shareholders have increased their holdings in the company.
With this move, A&G consolidates its leadership position as one of the leading independent firms in Spain and welcomes new partners, including prominent family offices based in Spain, Mexico, Peru, Chile, and Central America, who support a successful model that originated in Spain nearly 40 years ago. This transaction further underscores the strength of A&G’s value proposition and the continued attractiveness of its project to new investors, while also opening the door to potentially attractive new markets for the firm.
The Rodríguez-Fraile family will remain the company’s largest shareholder and has increased its stake, as have the firm’s strategic partners, including GPF Partners — a Spanish investment group with €2 billion in assets under management, mostly from Spanish and American families — which has been a shareholder in A&G since 2022.
The transaction also brings in significant Spanish entrepreneurial and financial families, such as the García Peralta family and Rafael Nadal. On the international side, some of the most active families in Latin America are joining as new shareholders, including the Motta family (Grupo Motta) and the Montano family (Grupo Mobiliare) from Central America; in Mexico, the Losada family (Grupo Gigante and Grupo Presidente), the Junco de la Vega family (Grupo Reforma), and Grupo Bursátil Mexicano (GBM), Mexico’s largest brokerage firm founded by the Garay and Rojas families and backed by SoftBank; as well as the Barrios Teixidor family from Peru (Grupo Aris). The Chilean Lería Luksic family, through its family office Wild Sur, is another strategic partner that has increased its stake, having initially invested in 2022.
Following this agreement, A&G’s shareholder structure is composed of the founding family, its bankers and senior executives, and its strategic partners — with these four groups maintaining majority ownership and control of the company — alongside one institutional investor and both domestic and international family offices.
Alberto Rodríguez-Fraile, Chairman and Founder of A&G, stated: “The effort and dedication of our team have allowed us to reach where we are today; we have also been fortunate to find the right partners, with whom we share values and the vision of continuing to offer more to our clients every day.”
Meanwhile, CEO Gonzalo Rodríguez-Fraile highlighted: “We are looking forward to working with our new partners on projects that will allow us to accelerate growth, attract talent, and strengthen our leadership position, while continuing to pursue inorganic growth opportunities.”
A&G, more every day
A&G, founded in 1987 as Spain’s first multi-family office, is now one of the country’s leading independent private banking institutions. It has 100 bankers across eleven offices and more than €17 billion in assets under management as of December 2025. The group also operates asset management companies in both Spain and Luxembourg.
A&G has developed an integrated model combining private banking, asset management, and advisory services