At Aurica Capital, we continue to advance the internationalization of our investment portfolio. Under this commitment, we have partnered with A&G Global Investors, a financial institution with a solid track record in wealth advisory and asset management, with the aim of strengthening the development and growth of small and medium-sized enterprises in the United States, a segment that ranks among the most sophisticated and profitable in the world.
This joint venture will take shape through a direct-investment strategy in co-investments and, to a lesser extent, in funds specializing in the low-mid market, through which it will co-invest with the goal of improving the diversification of the fund’s asset portfolio.
The investment strategy will be channeled through Venture Capital Entities (FCR and SCR) under the supervision of the CNMV. In this regard, our efforts will focus primarily on SMEs operating in the U.S. market, although we will also consider the possibility of selectively incorporating investments in European companies.
This investment vehicle will be led by a mixed team made up of managers from both firms. Our partner Iván Plaza, who will lead the Aurica team on this project, described the alliance as a unique opportunity to build a portfolio of direct international investments that will allow the firm to diversify its asset portfolio and design portfolios tailored to clients’ needs. He added that Aurica’s extensive track record and its distinctive vision based on trust, proximity, and value creation, combined with the know-how and expertise of the A&G team, form a unique synergy to drive the U.S. and global low-mid market segment.
For his part, David Núñez, Managing Director of Private Equity at A&G Global Investors, will lead his firm’s team. He remarked that they could not have found a better partner for this project, and that the team will be made up of professionals who are experts in direct investment, whose common denominator is an excellent track record of returns investing in SMEs—something truly unique in the co-investment and fund investment sector.
