Vall Banc

Xavier Cornella serves as CEO of Vall Banc and oversees the firm's investment strategy within the broader Creand Group framework. Investment committee composition below the CEO level is not publicly disclosed, which is common for bank-owned wealth managers in the principality.

Vall Banc is a bank-owned wealth manager, not a family office. It was created in 2015 through the merger of private banking units from Banca Privada d'Andorra and Crèdit Andorrà and now operates as a subsidiary of Creand Group, a publicly chartered Andorran financial group.

Vall Banc is the dedicated private banking and wealth management subsidiary of Creand Group. The parent entity also encompasses Creand Crèdit Andorrà (retail and commercial banking), Creand Asset Management, and Creand Assegurances (insurance). The group unified under the Creand brand in 2023 after operating under a dual-brand structure following the 2015 consolidation.

Vall Banc's venture practice spans early-stage and growth equity, primarily in European FinTech and enterprise software companies. The firm commits through both direct investments and fund positions, though specific stage concentration and average check sizes remain undisclosed public record.

The firm engages in both direct company investments and limited partner commitments to venture funds. The precise allocation split between direct and fund-of-funds activity within the venture portfolio is not publicly reported.

Vall Banc participates in co-investment opportunities sourced through its GP relationships, consistent with the model used by bank-affiliated wealth managers seeking to access venture without building large internal deal-sourcing teams. Specific co-investment partners are not publicly disclosed.

No explicit sector exclusions are publicly stated. The observable venture portfolio concentrates on FinTech and enterprise software, suggesting opportunistic rather than systematic avoidance of other technology verticals such as deep tech, life sciences, or consumer internet.