Skip to content
Single Family OfficePuts its own capital into companiesLAST VERIFIED Oct 2026 · 5 SOURCES

Andosins Capital

Escaldes-Engordany family office of the Cerqueda Donadeu family, holding its financial, industrial and real estate investments; minority stakes above €5M.

USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors

Family & background

FAMILY
Cerqueda Donadeu
WEALTH ORIGIN
Banking (Banc Agrícol i Comercial d'Andorra, majority acquired 1947)
HEADQUARTERS
Escaldes-Engordany, Andorra
OUTSIDE CAPITAL
No — own capital only

Investment approach

ROUTES
Companies (own capital) · Funds (as LP)
STRATEGIES
Direct investmentsPrivate equityFunds (as LP)Real estate

Overview

Andosins Capital is the family office of the Cerqueda Donadeu family in Escaldes-Engordany, Andorra, grouping the family's financial, industrial and real estate investments. Its origins go back to Banc Agrícol i Comercial d'Andorra, founded in 1930, in which Manuel Cerqueda i Escaler took a majority stake in 1947. Industrial investments have covered renewable energy, restaurants and catering and pharmaceuticals; financial investments include banking, private equity and investment funds. Its own website is no longer online; the last archived copies date from 2015 to 2021.

Investment thesis

Growth projects without sector specialisation, preferring significant minority stakes with board participation and liquidity agreements; geographic diversification to reduce exposure to Andorra; target annual return of 15%; investments above €5 million, alongside institutional investors and other family offices, plus holdings in investment funds.

People

  • Nely Mayoral
    Investment Director · source
  • Manel Cerqueda Diez
    General Manager · source

Frequently asked questions

Andosins Capital is a single family office based in Escaldes-Engordany, Andorra.

Andosins Capital invests on behalf of the Cerqueda Donadeu family (Banking (Banc Agrícol i Comercial d'Andorra, majority acquired 1947)).

Andosins Capital invests its own capital into companies and in third-party funds as an LP. Its stated asset mix includes direct investments, private equity, funds (as lp) and real estate.

Andosins Capital invests in Climate & Energy, Consumer & E-commerce, Biotech & Life Sciences and Real Estate & PropTech.

Andosins Capital's stated ticket size is From €5M.

Key people at Andosins Capital include Manel Cerqueda Diez (General Manager) and Nely Mayoral (Investment Director).

No. Andosins Capital invests its own capital and does not raise money from outside investors.