Miquel Mr. Soca

Banca Privada d'Andorra has several branch offices throughout the principality of Andorra. BPA provides clients with both private banking and commercial banking services. Within its private banking division the firm provides discretionary asset management services for private clients. At present the firm has about $800 million in assets under management with 5% of that dedicated to hedge funds and fund of hedge funds. The firm's clients do not invest in external private equity or real estate funds. BPA does manage one in-house real estate fund. The bank expects this amount to increase once it is done restructuring its portfolio.