Gala Capital has successfully closed its new private equity fund focused on socially impactful investments. Named Gala Capital Premier III, the vehicle has far exceeded its initial target of €150 million, raising over €200 million, according to Íñigo González de Luna, the firm’s head of fund management.
Strong investor demand led to an oversubscription of 2.4 times the original target. “Many investors now prioritize corporate responsibility over maximum returns. They seek a balanced combination of financial and social return,” explained González de Luna. He also emphasized that companies with high ethical standards tend to deliver stronger financial performance with lower volatility, thanks to sound corporate governance, job stability, and long-term growth strategies.
Gala Capital Premier III will focus on mid-sized Spanish companies, with estimated EBITDA between €5 million and €15 million, and a primary goal of generating positive social impact. Selection criteria include intensive job creation, inclusive policies, sustainable innovation, and environmental commitment.
The fund manager, chaired by Carlos Tejera, has structured this as its ninth fund, aiming to carry out around eight investments, each ranging from €15 million to €35 million. To ensure the real impact of its investments, Gala Capital will apply standards set by the Global Impact Investing Network (GIIN), under the oversight of a team led by Rodrigo Aguirre de Cárcer.
This new initiative reinforces Gala Capital’s commitment to responsible investing, combining social impact with financial strength, in line with its track record of more than €2 billion invested across 80 operations throughout its history.
