GVC Gaesco Alternative Investments, SGEIC, S.A. is the alternative investment management company of the GVC Gaesco Group, authorized and supervised by the CNMV for the management of venture capital entities (ECRs).

Specializing in the management of alternative investment vehicles, it promotes funds focused on SMEs and high-potential entrepreneurial projects. It also develops thematic funds that capture megatrends such as artificial intelligence, technology infrastructure (infratech), and other innovation areas with tangible impact on the real economy.

Its team is composed of professionals with extensive experience in private equity and venture capital, with deep knowledge of investing in companies ranging from early-stage to expansion phases, combining financial rigor with strategic support aimed at creating sustainable value.

Key Data (as of September 2025):

Assets under management (AUM): €340 million

Vehicles managed in Luxembourg: 3

Venture capital entities in Spain: 14


  • Area of Activity
  • Venture Capital - Impact Investment
  • Venture Capital - General
  • Venture Capital Investors in Construction, Building and Real Estate
  • Venture Capital Investors in Transport industry and Logistics
  • Venture Capital Investors in Consumer Services
  • Venture Capital Investors in Health and Medical sector
  • Venture Capital Investors in Chemical sector and Plastics business
  • Venture Capital Investors in Consumer Products sector
  • Venture Capital Investors in Environment and Natural Resources
  • Venture Capital Investors in Energy sector
  • Venture Capital Investors in Electronics sector
  • Venture Capital Investors in Automobile and Robotics sector
  • Venture Capital Investors in Food and Beverages sector
  • Venture Capital Investors in Agriculture, Livestock and Fishing
  • Venture Capital Investors in Multimedia groups and companies
  • Venture Capital Investors in Telecom Industry
  • Venture Capital Investors in Technology
  • Venture Capital Investors in Industrial Services
  • Venture Capital Investors in Industrial Products
  • Venture Capital Investors in Media, Press and Communications
  • Venture Capital Investors in Internet, AI, technology companies and Deep Tech
  • Venture Capital Investors in Software and Hardware
  • Venture Capital Investors in Hospitality, Tourism and Leisure sector
  • Venture Capital Investors in Biotechnology
  • Venture Capital Investors in Banking and Financial Services
  • Private Equity Investors in Computer Software and Hardware
  • Private Equity Investors in Industrial Products sector
  • Private Equity Investors in Consumer products sector
  • Private Equity Investors in Energy sector
  • Private Equity Investors in Building, Construction and Real Estate
  • Private Equity Investors in Transport and Logistics
  • Private Equity Investors in Telecom indsustry
  • Private Equity Investors in Technology
  • Private Equity Investors in Health and Medical sector
  • Private Equity Investors in Chemical sector and Plastic materials
  • Private Equity Investors in Environment and Natural Resources
  • Private Equity Investors in Electronics sector
  • Private Equity Investors in Automobile, Industrial sector and Robotics
  • Private Equity Investors in Food and Beverages industry
  • Private Equity Investors in Agriculture, Livestock and Fishing
  • Private Equity sector
  • Private Equity Investors in Multimedia business
  • Private Equity Investors in Tourism, Hospitality and Leisure
  • Private Equity Investors in Consumer Services
  • Private Equity Investors in Professional Services
  • Private Equity Investors in Industrial Services
  • Private Equity Investors in Security and Defense
  • Private Equity Investors in Media, Press and Communications Sector
  • Private Equity Investors in Internet, AI, technology companies and Deep Tech
  • Private Equity Investors in Infrastructures
  • Private Equity Investors in Private Debt
  • Private Equity Investors in Biotechnology
  • Private Equity Investors in Banking and Financial Services
  • Corporate Finance
  • Private Equity - Impact Investment
  • Capital markets advice
  • Company type
  • Venture Capital
  • Private Equity
  • Professional Services
Office
Carrer del Doctor Ferran, 3-5, Les Corts
Barcelona, Barcelona 08034, ES
P: +34 932 712 000 / 911 988 500 / 900 90 90 65
E: investors.alternative@gvcgaesco.es

The team, managed by Paco Illueca - Private Equity Managing Director, has a solid track record in managing investment vehicles and supporting growth companies, combining investment experience, a cross-sector perspective covering private equity and venture capital, strategic vision, and operational proximity.

EXPANSION CAPITAL

- Specialized in expansion capital operations, managing funds targeting established SMEs and growing business projects, focusing on value creation through operational optimization and growth, both organic and inorganic.

- Focus on established companies with proven business models and sustainable expansion plans, seeking a strategic financial partner capable of supporting development and strengthening competitiveness.

- Multi-sector strategy, with particular interest in sectors with sustained growth potential and companies enhancing their position through professionalization and expansion processes.

- Objective: to drive the growth of Spanish SMEs through minority stakes, facilitating their national and international expansion under active management aligned with management teams.

- Since 2020, it manages in Luxembourg the vehicle Zamit Capital SCA, SICAV-RAIF, designed to channel expansion capital investments under the highest standards of governance, transparency, and alignment of interests.

- Actively participates in designing growth strategies and long-term value creation for shareholders.

VENTURE CAPITAL


- Experts in investment vehicles focused on early-stage emerging companies, promoting their consolidation and sustainable growth.

- Emphasis on rigorous financial analysis and prudent risk management, ensuring responsible and efficient use of third-party resources under management.

- Committed to supporting startups, providing capital, strategic guidance, and long-term vision aimed at value creation and sustainable growth.

- Develops thematic funds focused on high-growth sectors such as artificial intelligence, infratech, and technologies applied to efficiency and competitiveness in business processes.

SPECIALIZED SERVICES

- Advisory, structuring, and management of regulated alternative investment vehicles, designed for family groups, family offices, and high-net-worth individuals seeking to institutionalize and professionalize the management of their private asset investments.

- Comprehensive support in the selection and analysis of national and international private equity funds, providing expert knowledge, independent due diligence, and access to leading managers.

- Specialized support in the administration, control, and regulatory compliance of regulated vehicles, ensuring transparency, traceability, and full compliance with CNMV regulations.

- Expert and continuous monitoring of alternative investment portfolios, with management aimed at capital preservation and disciplined long-term value creation.

Committed to the growth of the real economy and sustainable value creation for our investors and the companies we support.

Mainly targeting:

- Institutional investors (pension funds, insurance companies, mutual societies)
- Private banking and family offices
- High-net-worth clients seeking diversification and long-term value

The management company fosters long-term, trust-based relationships with institutional investors, family offices, and private clients, grounded in transparency, alignment of interests, and sustainable value creation, consolidating the company as a reference in alternative investment.

GVC Gaesco Alternative Investments