Aurica Capital, an independent private equity manager, has announced the appointment of five new partners across several business areas as part of its transition and growth plan. Specifically, Martín Vargas and Borja Casanovas have been named partners of Aurica Private Equity; Pablo Pérez becomes Partner and Head of Investor Relations; Ferran Alcácer joins as Operations Partner; and Ricardo Velilla becomes Partner at Aurica Search Fund. These appointments strengthen the firm’s strategic capabilities and reinforce its commitment to internal talent, recognizing professionals who have played a decisive role in Aurica’s development in recent years.
The formalization of these appointments marks the close of an important phase for the firm, having begun its journey as an independent manager and successfully completed its first investment cycle in this new stage. With a management team that has worked together for nearly 20 years and a strong track record built in the Iberian and international mid-market, Aurica Capital has significantly increased its assets under management—now exceeding €600 million—while expanding its business lines beyond its flagship fund.
The firm now enters a new phase with a consolidated model, a diversified portfolio, and a clear strategy: supporting high-growth companies in key sectors such as services, technology and healthcare, maintaining its commitment to long-term sustainable value creation.
Aurica Capital currently manages two investment vehicles. On one hand, Aurica III, a fund in an advanced divestment phase, has reached a DPI above 2x following the recent exits of Babel and Samy Road.
On the other hand, Aurica IV remains active with investments in T2ó, Educa Edtech, Canitas Veterinaria and Alquiler Seguro. Both funds show strong performance, consolidating a robust track record with successful exits and sustained returns for investors.
The firm also continues to expand its co-investment model with entrepreneurs in search-and-acquisition transactions through Aurica Search Fund. Among its portfolio companies are CSP, Alfavet and SOS.
In parallel, Aurica is making solid progress in the fundraising process for Alisios, a co-investment fund launched through a joint venture with A&G Global Investors. This strategic alliance aims to invest in the U.S. low-mid market, combining direct investments with selective co-investments.
Currently, Aurica Capital is focusing its strategy on high-growth, scalable service companies across three main verticals: digitalization and technology, with services driving digital transformation such as digital marketing, IT consulting, proptech or online education; health and wellbeing, including companies focused on elderly care, personal care, mental health and veterinary services; and business services, B2B services with high strategic value, including defense, aerospace, environmental services and financial services.
Aurica is an independent private equity manager investing in growth capital opportunities, and a reference firm in minority investments in leading middle-market companies with a clear vision for development and international expansion. With more than 20 years of experience, the firm specializes in Private Equity, Search Funds and fund selection, managing over €600 million in assets. Aurica Capital Desarrollo S.G.E.I.C., S.A. is registered with the Spanish CNMV under number 104.
For more information, visit www.auricacapital.com
Caption: Aurica Capital partners, from left to right: Ricardo Velilla Flores, Ferran Conti Penina, Pablo Pérez Caldaya, Iván Plaza Férriz, Martín Vargas Beato, Borja Casanovas Doménech and Ferrán Alcacer Vilarmau.