What We Do
Private Capital Investing
We are a multi-asset-class investment business, focusing on capital structures across private and publicly traded companies. Our financial resources enable structured equity and capital solutions for mid-sized private businesses, facilitating growth, acquisitions, international expansion, and recapitalization.
We maintain investment flexibility, prioritizing intrinsic value over specific sectors, allowing us to participate creatively and leverage our extensive expertise.
Listed Companies
We invest in publicly traded companies, unlocking value through close collaboration with management. Our approach combines rigorous due diligence, financial analysis, and active governance.
We identify undervalued public companies and serve as long-term partners to management. When assessing candidates, we analyze:
- Economic conditions affecting stock prices (market size, supply and demand, macroeconomic factors).
- Balance sheet structure, financial health, and industry prospects.
- We do not rely on technical analysis, historical price movements, or predictive modeling.
Special Situations
Our Special Situations division provides financing to distressed but operationally sound companies, focusing on:
- Event-driven opportunities
- Stressed and complex situations
- Distressed debt and credit opportunities
We also design tailored financial solutions for companies navigating restructurings, M&A, litigation, and capital dislocations.
Financial Sector Investment
We maintain a long-term strategic interest in the financial sector, driven by:
- High sensitivity to economic cycles, creating investment opportunities.
- Technological disruption reshaping the industry through digital transformation and globalization.
We are the largest shareholder of Beka Finance, an independent investment banking firm with expertise in Spain and international reach. Since its acquisition in 2020, Beka has expanded its assets to €15 billion, leading the Spanish middle-market financing and securitization sector.
Venture Capital Investment
We support early-stage digital startups in fintech, banking, insurance, and AI across Spain and Europe, investing in seed, early-stage, and growth-phase companies.
Our portfolio includes pioneering investments in Rebellion (fintech), HeyTrade (brokerage), Nutrader (B2B platform), and UltrAI (AI). In 2022, our strategic equity swap with Papara enabled the combined firms to achieve unicorn status.