# March Gestion de Pensiones

March Gestion de Pensiones is a Pension Fund based in Madrid, Spain.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Madrid, Spain
- **Region:** Europe
- **Address:** Madrid, Spain
- **Founded:** 2000
- **Assets under management:** Undisclosed
- **Website:** bancamarch.es
- **LinkedIn:** https://www.linkedin.com/company/march-gestion-sgiic

## Regulatory record

- **Reports private funds:** No

## About

March Gestión de Pensiones was formed in 2000 as the dedicated pension plan management company within the Banca March group, the Madrid-headquartered institution wholly owned by the March family, one of Spain's oldest banking dynasties. The entity manages individual social retirement plans (EPSV) specifically for tax residents of the Basque Country region, a distinct regulatory niche, alongside standard Spanish pension plans. The firm is closely tied to March Asset Management, the group's broader asset management arm established in the same year. The firm's pension products invest across at least three named asset classes through vehicles that include March Acciones, P.P., an equity-focused pension plan, and March Next Generation, P.P., a plan targeting thematic opportunities. Both are domiciled in Madrid. Direct deployment figures are not publicly disclosed. The pension manager draws on the investment capabilities of the wider Banca March group, whose investment arm, Corporación Financiera Alba, S.A., is 15% owned by the bank and acts as the primary vehicle for the family's industrial and financial holdings. Geographic focus for the underlying assets is predominantly Spanish, with the family's real estate footprint concentrated in Palma de Mallorca and the Canary Islands through March Inmuebles, S.A. and March Servicios Inmobiliarios de Canarias, S.A. The management company is integrated into the Banca March structure under Executive Chairman Juan March de la Lastra, with no separate public professional headcount available. The broader family ecosystem includes the Fundación Juan March, a major Spanish philanthropic foundation with exhibition spaces in Madrid, Palma, and Cuenca. The group also maintains deep ties to Spain's family-business community as a key member of the Instituto de la Empresa Familiar (IEF), an industry association for family-owned enterprises. Recent operational events could not be confirmed from available public sources within the last 24 months. The pension manager exemplifies a model where a single-family-controlled bank operates a regulated asset-gathering subsidiary for external savers — not as a single-family office deploying proprietary wealth, but as an institutional asset owner pooling third-party capital within a dynastic governance framework. The structure layers a public-facing retirement product onto a private, family-owned banking chassis, a configuration that distinguishes it from independent pension funds and from pure family offices managing solely internal capital.

## People

- Juan March de la Lastra — Executive Chairman of Banca March
- Carlos March Delgado — Former Chairman, Banca March

## Questions

### Does March Gestión de Pensiones manage its own proprietary capital or third-party assets?

It manages third-party assets. The entity is a regulated pension plan management company that administers retirement products for external savers. The March family's proprietary wealth is held separately, principally through Corporación Financiera Alba, S.A., of which Banca March owns 15%.

### What is the relationship between March Gestión de Pensiones and March Asset Management?

Both were established in 2000 under the Banca March group, with their activities closely linked. March Gestión de Pensiones operates as the specialist pension plan company, while March Asset Management handles broader asset management functions for the bank and its clients.

### How does the firm's governance connect to the March family?

Banca March is wholly owned by the March family. Executive Chairman Juan March de la Lastra and former Chairman Carlos March Delgado are members of the founding family. The pension manager operates as a subsidiary within this family-controlled banking group.

## Related profiles

- [Marcado Asset Management](https://altss.com/profile/marcado-asset-management)
- [Marchand Faries Financial Management](https://altss.com/profile/marchand-faries-financial-management)

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Last updated: 2026-06-03T20:00:00.000Z

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