From Angulas Aguina to IEP Aero and Iberdrola, photo of investment funds in Basque companies
These tools provide funding and advice for years and are part of Iberdrola, ITP Aero and Angulas Aguinaga.
Investment funds, and especially private capital funds, are instruments that concentrate investor resources with the aim of directing them to companies, making them profitable and helping them develop .
Unlike other financial products, these funds invest in non-listed companies and enter their capital directly. Access is restricted and reserved for specific investors, which makes them closed investment instruments.
The companyis temporarily owned by , usually for three and ten years, during which time the fund provides funding and specialized advice to improve management and boost growth.
This type of investment has special characteristics. On theone hand, the long-term bet is , as capital is not recovered until it comes out of the fund. On the other hand, it carries risk because there is no guarantee of profitability.
In practice, these funds are already in major companies in thearea, such as Iberdrola, where investors such as BlackRock, Vanguard and Qatar Holding participate, while ITP Aero is controlled by the Bain Capital fund.
They also appear in medium-sized companies such as SALTO Systems, Sofina, Alantra and Peninsula Capital, and in Angulas Aguinaga, for example, the PAI Partners fund has a large share.
Funds may have majority shares and take over management or minority shares in search of profitability, in both cases becoming part of the company's ownership structure.
The management societies responsible for identifying opportunities, attracting resources and managing investments play a key role in providing knowledge and professionalization to the process.
The information collected by EITB Data shows that private capital funds are an alternative to bank financing and are useful for promoting new projects, facilitating ownership or strengthening business growth.
In short, it is an instrument with an increasing presence in the economy, linking savings to business activity and increasing weight both globally and in the Basque productive fabric.
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