Portobello Capital is an independent private equity manager, leader in the Spanish middle market, characterised by its extensive experience and professionalism.
Key figures:
Assets under management: €3,300M
Minimum investment (EV): €30M
Maximum investment (EV): €250M
Number of investees at 31.12.2024: 25
Structure:
Date of creation: 2010
Legal structure:
Management Company of Venture Capital Entities
Number of employees: 40
Membership of professional bodies: SPAINCAP
CHARACTERISTICS
Sectors:
Generalist
Development phases:
Buyouts / minority shareholdings
Autonomous Communities:
Spain, Italy, Germany, Portugal, EU
Investment size:
From 30 to 250 million euros
Partners:
• Iñigo Sánchez-Asiaín
• Juan Luis Ramírez
• Ramón Cerdeiras
• Luis Peñarrocha
• Carlos Dolz de Espejo
• Norberto Arrate
• Antonio Todisco
• Víctor Virós
Investment team:
• Jorge de Mello. Director
• Joan Llansó. Director
• Joaquín Ariza. Director
• Antonio Rodríguez-Pina. Vice President
• Gonzalo Samaniego. Vice President
• Leopoldo López-Herrero. Vice President
• Jorge Medina. Vice President
• Sofía Timón. Associate
• Isabel Bordas. Associate
• Inés Lacalle. Analyst
• Vasco Lupi. Analyst
• Lucía Arana. Analyst
Professional team:
• Sabrina Aldana. Head of Client Relations & Fundraising
• Carolina Álvarez. Communication & Office Management
• Concha Alzaga. Executive Assistant
• Carlos Atrio. Head of the Luxembourg Branch
• Casilda Bautista. Legal Department Director
• Andrea Calzado. Office Assistant
• Elsa Cámara. Fund Management Specialist
• Leticia Corsini. Legal Department Director
• Elena De la Vega. Accounting and Administration
• Erica Nieddu. PA
• Rebeca García. CFO
• Marisa González. ESG & IR Manager
• Pedro González. IT Manager
• Miguel Gutiérrez. Deputy COO
• Sergio Morales. Accounting and Administration
• Guadalupe Pasillas. PA
• Susana Pérez. Accounting Manager
• Carmen Ramos. Accounting and Administration
• Victoria Ransanz. Fund Analyst
• Luis Soto. Fund Management Specialist
Investment criteria:
Target sectors: Generalist
Preferred investment stage: LBO, MBO, Growth, minority
Type of financing: Flexible (Equity, Structured)
Geographic areas: Spain, Italy, Portugal, EU
Fund Description:
€375M Portobello Capital Fund III
Portobello Secondary Fund I of €422M
Portobello Capital Fund IV of €600M
350M Portobello Secondary Fund II
250M Portobello Structured Partnerships Fund I
Portobello Coinvestment Fund of €150M
Portobello Carbono Verde, SCR, SA of €60M
50 million Portobello Opportunity PSP Fund I
165M Portobello Hospitality Fund I
190m Portobello Education Opportunity PSP Fund II
TRANSACTIONS COMPLETED IN 2024:
Investment in Clinicas Mi
Investment in Plexus
Investment in Blue Sea
Divestment in USA Group
Experience and track record. Portobello Capital's partners have been present in the Private Equity market since the early 1990s with extensive experience in more than 60 transactions of different profiles.
Differentiation in execution. Portobello Capital's team seeks to avoid auctioned deals and applies flexibility and creativity to each deal to suit the needs of its sellers, buyers and partners.
Value creation. Portobello Capital's priority is to maximise value for its investors and partners, developing an active role in the companies in which it invests, strengthening and encouraging their executive teams and turning them into leaders in their sectors by boosting their growth.
Origin and positioning: It has a leading position in the Spanish middle market. This allows us to systematically identify operations with asymmetries. We look for dynamic companies with excellent management teams that operate in growth niches and consistently determines the best companies in which to invest. It takes controlling positions in the management of these companies, enabling it to implement quantitative, strategic and operational changes to drive their development and growth in order to maximise returns for its investors. Portobello Capital currently has assets under exclusive advisory and management worth approximately €2,700M, a portfolio of 26 investees and a team of 40 professionals.
Around 88% of its investors are international, mainly pension funds and insurance companies. The other 12% are Spanish investors, mainly institutional.