Reassuring history – Promising future

Iolcus Investments’s founders were the major shareholders of P&K Group, one of the most successful investment firms in Greece.

Iolcus Investments was founded in 2011 (initially established as Iolcus Investments S.A.) as an independent Alternative Investment Fund and Portfolio Management company, headquartered in Athens. It has founded in Luxembourg and manages from Greece the Apolis Alternative Investment Funds (AIFs). It also manages individual portfolios for private and institutional investors with custodian banks in Greece, Switzerland and Luxembourg. Lastly, it provides investment advice, structuring holistic wealth management solutions for individuals and family offices.

Iolcus Investments AIFM Single Member has been licensed and is regulated by the Hellenic Capital Markets Commission (license number 2/805/28.12.2017) and is a member of the Hellenic Fund and Asset Management Association.

P&K Group commenced its operations in 1996 and within five years became the largest independent (non-bank related) investment services firm in the Greek market. It became a dominant player in Greek equities trading, in investment banking and asset management, employing over 200 investment professionals.

Among its clients were first-class international investment banks, as well as, end clients from Europe and the U.S.A. P&K was the first to introduce online trading for Greek stocks, to implement a direct market access platform for institutional investors, to apply rigorous risk management systems for its proprietary trading desk and to establish and manage  from Greece a global macro hedge fund. Notably, the firm was one of the main market makers in the Athens Derivatives Exchange and Liffe.

In 2007, P&K Group was acquired by the National Bank of Greece, the largest Greek bank at the time. To date, P&K Group remains NBG’s sole domestic acquisition.