TQ EUROCREDIT, the debt fund specialized in alternative financing for companies, founded by Antoni Quintana, and Alpha Wave Private Credit, led in Spain by Carles Pol, have agreed to expand the alternative financing vehicle they launched in July 2024 to €200 million.
The initial vehicle, of €84 million, was TQ EUROCREDIT’s first vehicle funded with institutional capital and, with 95% already invested, reflects strong market demand and the rapid deployment of capital. This traction has led to the expansion of the fund to €200 million, reinforcing its capacity to finance business projects through bridge loans in bullet format with mortgage guarantees.
Cuatrecasas participated in this expansion, providing structuring and legal support; Uría oversaw legal and operational supervision; and Palmer acted as note agent, managing and controlling the processes. This ecosystem brings reliability, rigor, and a solid professional structure to the operation of the vehicle.
The expansion continues the vehicle created in 2024 while maintaining its core characteristics, simultaneously increasing its ability to adapt to a market that demands speed in execution and tailored structures. TQ Eurocredit closed 2024 with a portfolio close to €300 million and expects to close 2025 with €420 million, doubling its production for the second consecutive year.
High Demand for Alternative Financing
In an environment where traditional financing cannot meet all market debt demand, alternative financing has become a necessary complement to support projects that require agility, speed, and flexible solutions.
As a specialized debt fund, TQ Eurocredit strengthens its institutional capacity with this second phase while maintaining the pillars that have defined its model for nearly two decades: quick access to capital, agile processes, rigorous analysis, and deep market knowledge thanks to its territorial presence and client proximity.
As Antoni Quintana, CEO of TQ EUROCREDIT, notes: “We are very satisfied with the progress of the vehicle created with Alpha Wave Private Credit. We have been able to deploy capital very quickly, and the vehicle is progressing as planned. That is precisely why we decided to expand it and continue growing to meet the strong increase in demand for alternative financing in the market. One of our objectives in the coming years is to launch new vehicles with institutional capital.”
With nearly two decades of experience, TQ EUROCREDIT is one of the pioneering firms in the alternative financing sector for companies. It has a cumulative production of €818 million from 2017 to August 2025 and a live portfolio of €397 million.
Alpha Wave Private Credit is part of Alpha Wave Global, an investment fund founded in 2012 with 10 offices across 8 countries, which established its Madrid office in 2023 under the leadership of Carles Pol.
About TQ Eurocredit
TQ EUROCREDIT is a debt fund specializing in alternative financing for companies and is part of the TQ Alternative Investments holding. Founded in 2006 and with a 19-year track record, TQ EUROCREDIT has a cumulative production of €818 million from 2017 to August 2025 and maintains an active portfolio of €397 million. The firm has a multidisciplinary team of more than 45 professionals and a strong territorial presence, with offices in Madrid, Barcelona, Girona, Palma de Mallorca, Málaga, and Valencia.
For more information, visit: https://tqeurocredit.com/
About Alpha Wave Global
Alpha Wave Global is a global investment firm with three main verticals: private equity, private credit, and public markets. Alpha Wave Private Credit aims to originate or participate in private loans for companies seeking financing solutions. Alpha Wave Global is led by Rick Gerson, Navroz Udwadia, and Ryan Khoury, and has offices in Miami, New York, London, Monaco, Madrid, Abu Dhabi, Tel Aviv, Bangalore, New Delhi, and Sydney.
For more information, visit: www.alphawaveglobal.com
Image: Carles Pol and Antoni Quintana
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