Intermoney, which is part of the CIMD group, manages more than €4.5bn in assets. They stand out due to consistently placing most of their funds in the first and second performance quartiles, and thanks to their history of good results. In addition, they stand out in the fixed income credit market. The Avance Multiactivos fund, under the direction of Javier García Teso, has maintained its position in the first decile by performance in its category since its inception.
Javier García Teso began his career in the investment banking and wealth advisory departments of Morgan Stanley in London. He was the co-founder and head of research for the Ben Oldman Special Situations Fund which launched in 2013 with a strategy focused on special situations and focused on credit investments. During that period, the fund grew from €15m to €200m in three years, and it achieved a net return of more than 100%.
Intermoney is adding the “TOP 20 Unicorns” strategy—developed by Stableton—to its investment lineup; this strategy offers access to a curated selection of some of the world’s most significant and fastest-growing private companies. The investment vehicle enables diversified exposure to leading technology companies prior to their initial public offerings (IPOs), bringing a market segment traditionally reserved for large institutions and high-net-worth individuals within reach of investors.
The strategy aims to capture a share of the value created during the late-stage growth phases of these companies, before their entry into public markets. With “TOP 20 Unicorns,” Intermoney strengthens its private market offering by introducing a distinctive solution for accessing some of the future’s leading technology firms through a select, diversified portfolio.
Meanwhile, CIMD Intermoney continues its FX agency brokerage activities, consolidating an execution model that is independent, transparent, and geared toward institutional clients. The platform combines access to an extensive network of bank and non-bank liquidity providers with execution capabilities for FX spot and FX options, thereby optimising market access and enhancing the efficiency and competitiveness of transactions.
Presentation of Javier García Teso, Fund Manager at Intermoney, at the Tenvalue Annual Conference (12 minutes):
Top positions of Avance Multiactivos (June 2026):
– European Union (4.5%)
– United States (3.8%)
– France (3.7%)
– Mitsubishi (2.5%)
– Clariane (2.3%)
Maturity: 4.4
IRR: 5.9%
