ABN AMRO Private Banking belongs to the ABN AMRO Group, which is one of the biggest private banking operators in Europe. By offering an integrated private equity approach to all our private clients in Europe, we have become an important partner to the largest private equity firms.
This additional dimension means that we can rely on sometimes exclusive, but always sufficiently large allocations, delivering significant economies of scale to our clients. Thanks to our presence in a number of different countries, over the last 20 years we have also been able to offer a more extensive and exclusive selection of private equity funds, drawing on our important contacts with private equity management companies around the globe.
Our selection process is similar to that of the large pension funds or insurance companies. Phase 1 is devoted to due diligence, an in-depth analysis of companies: their past performance, key people, stability of their teams and success in various macroeconomic cycles.
After this analysis phase, which typically lasts three to four weeks, there is a face-to-face meeting with the management and investment teams, the risk management teams and the support services to assess their strengths in person. The management company is then put forward to our pan-European Private Equity Investment Committee, who may or may not confirm the proposal.
At the end of the day, this approach gives us access to large cap funds normally reserved for institutional investors only.
