LIFT Asset Management takes a decisive step in its private markets journey by establishing itself as a private equity manager, consolidating its own co-investment model designed by and for families. This strategic move responds to the growing demand from family offices and business groups for access to truly differentiated and exclusive international private equity funds.
With a very defined approach, the firm strengthens a model based on proximity, co-investment, and real alignment of interests, supporting family offices in building private asset portfolios with the highest standards.
Francisco Lopez Posadas (CEO of LIFT AM): “This new milestone in LIFT’s history responds to the strong demand we are seeing for investment in truly differentiated and exclusive international Private Equity funds. We are very pleased to be able to take an additional step to strengthen a proposition based on our independence, co-investment with Family Offices, and access to vehicles that allow entry to international private equity funds, difficult to replicate, with a very clear focus: supporting Family Offices in private markets with the highest standards in selection and alignment”
Ana Espárrago Pérez (Partner, Private Equity): “Our origin as business families allows us to understand closely the needs of each family, sharing the same patrimonial vision and ensuring full alignment of interests in every investment decision.”
Lift AM, which was established more than a decade ago as a financial advisory firm, had previously launched four private equity vehicles managed by third parties. Almost three years after its first launch, the firm is now working on a new vehicle that it will manage directly, taking advantage of the boom experienced in private markets.
The management company will be chaired by Francisco Javier López Posadas and will have Ana Espárrago as CEO. Ana, who joined the group in March 2022 and became a partner in September 2023, brings more than ten years of experience in companies such as PwC, Mutua Madrileña, and BDO. In addition, Juan Romaní, Lift partner and head of the legal area, will also be part of the board of directors.
In private equity, the firm has four strategies through fund-of-funds (three) or direct investment vehicles (one). These include:
The last three vehicles, managed by Alaluz, could be integrated into the future management company, following the usual practice of other firms such as Tectum or Clikalia. In fact, Lift is already considering launching a fourth vehicle as an international fund-of-funds, replicating the “heritage” model and providing Spanish family offices with previously inaccessible opportunities through a disciplined selection and portfolio-building process.
A central element of this proposition is the strategic and exclusive alliance with Heritage Holdings, a private investment platform founded by some of Europe’s leading business families in the luxury and fashion sector. With more than 100 families in its ecosystem, Heritage provides access to key global private equity managers, reinforcing the exclusivity of the proposition in Spain.
Francisco López Posadas: "This new milestone in Lift’s history responds to the strong demand we are seeing for investment in truly differentiated and exclusive international private equity funds. We are very pleased to be able to take an additional step to strengthen a proposition based on our independence, co-investment with family offices, and access to international private equity funds that are difficult to replicate, with a very clear focus: supporting them in building their private asset portfolios with the highest standards in selection and alignment”
Lift AM already has two co-investments in private segments: a convertible loan with the hotel chain Alda, in collaboration with Inveready, and an investment in Kitican veterinary clinics through a build-up process.
The launch of the management company follows the hiring of Javier Cortés as private equity director to co-lead investments in professional services companies. Lift AM, which manages and advises more than €600 million, consolidates private equity as one of its strategic pillars, complementing other areas such as reverse mortgages with Almagro Capital, the ghost kitchen REIT Smart Kitchens Properties, wealth advisory, and traditional investment funds such as Lift Income Fund and the FP5 PP Prudente pension plan.
This move reinforces the central idea that in private markets, access, exclusivity, and alignment are no longer differentiating factors—they are essential to generate sustainable value and support business families in building high-level investment portfolios.
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