At a glance
|Segment||Expansion capital: 70% of the portfolio; starts-up: 30% (20% through other funds)|
|Investment solutions||Investment in capital. Participating loan (convertible or otherwise)A combination of both|
|Investment level||Expansion capital: From €1.5m to €15m. Start-ups: From €0.75m to €1.5m.|
|Term||Investment in capital: an average period of five years (flexible). Participating loans: up to seven years (two-year grace period).|
|Purpose of investment||Financing of enterprises’ expansion processes, including: the acquisition of other companies and assets and also innovation activities and the internationalisation of the Spanish enterprise.|
Always minority investor, without being the largest minority shareholder.
Mainly co-investment with other funds and always in early stages.
|Not eligible||Refinancing or liabilities restructuring processes and working capital requirements.|