They started their fund management activity in Luxembourg in 2005. They are Spanish pioneer in providing services and leading private banking assets under management in this country. The events endorse their strategic success in this bet. It cannot stop the competition between regulatory environments within the EU. Luxembourg, specializing in vehicles adapted to the needs of European and integrated into all Community agreements to exchange information investors regulation, becomes more sophisticated alternative for their customers. Their manager is the first belonging to a Spanish group in getting AIFMD demanding qualification that allows them to manage funds and register for marketing in any country of the European Union.