Sat, Jul 11, 2020
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

José María Loizaga Viguri the father of Spanish private equity industry dies from Coronavirus

Wednesday, March 25, 2020

Bailey McCann, Opalesque New York:

José María Loizaga Viguri, who is credited with the establishing private equity in Spain has died from complications relating to Coronavirus, he was 84. At the time of his death, Loizaga was a vice president at Spanish construction giant ACS Group.

Loizaga had an extensive career in Spanish finance. He was the founder of Banco Hispano Industrial (BHA Group) and later became CEO of Banco Unión. In 1985, he founded Mercapital Servicios Financieros, the first Spanish private equity firm. Loizaga led the firm until 2008. The firm invested primarily in Spanish middle market companies, with a view to those companies growing internationally and particularly in Latin America.

During his tenure at Mercapital and on boards at other Spanish firms, Loizaga was a central figure in the growth of Spanish capitalism throughout the 1980s-2000s. Loizaga served on the boards of Banque Privée Edmond de Rothschild, Suez International, Otis International, AmorimInvestment, Lácteas García Baquero, and Unión Fenosa. Throughout his time with Mercapital, Loizaga also served on the board of ACS Group, eventually transitioning to ACS Group after naming his son Javier his successor at Mercapital.

Mercapital capital merged with N+1 to become N+1 Mercapital in 2012, creating Spain's largest private equity firm at the time. In 2016, the firm rebranded as Alantra - a global investment banking firm. Javier Loizaga went on to lead Spanish private equity fi......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Coronavirus crisis: PE industry mulls more realism and longer holding periods[more]

    Laxman Pai, Opalesque Asia: More realism, longer holding periods and an advantage for investors with a long-term focus - these are the main changes that investment managers in the German private equity market expect as a result of the coronavirus crisis. The PE transaction activity is not exp

  2. Multi-strategy hedge funds post double-digit gains, Tiger Global, Coatue score double-digit fund gains in 2020, Lone Pine soars after losses earlier this year, Can Pershing Square's standout year continue?[more]

    Multi-strategy hedge funds post double-digit gains From FT: Large multi-strategy hedge funds have posted double-digit gains for the first half of the year, reversing losses from March, as markets defied the economic downturn brought on by the coronavirus pandemic. Citadel Advisors

  3. Tech: Pandemic boosts digitalisation across the fund industry, The India-China bust up and what it may mean for tech, Machine learning goes global[more]

    Pandemic boosts digitalisation across the fund industry From International Investment: The pandemic has certainly accelerated change and digitalisation in ways that we never imagined, including the funds industry in Luxembourg. Business Continuity Planning and Disaster Recovery Pl

  4. New Launches: Hedge fund Marshall Wace will bet on ESG stocks with new $1bn fund, Stafford Capital raises initial $532m for ninth timberland fund, Nalanda Cap eyes $800m fund, China's Unity Ventures hits first close on US dollar fund[more]

    Hedge fund Marshall Wace will bet on ESG stocks with new $1bn fund From Forbes: Hedge fund Marshall Wace plans to raise $1 billion for a new fund that will invest in stocks with strong environmental, sustainability and governance (ESG) ratings while betting against stocks with poor rating

  5. PPP: Troubled firm Marto Capital asked for PPP money - and got approved, records show, Fallen hedge fund's head among money managers getting PPP relief, Wall Street investors scored emergency government loans amid pandemic, The asset managers approved for PPP money[more]

    Troubled firm Marto Capital asked for PPP money - and got approved, records show From Institutional Investor: Marto Capital - a former wunderkind founded by an ex-Bridgewater Associates star - got approved for emergency funds from the U.S. government, records showed Monday. Katina Stef