Grupo Timón
Also known as Grupo Timón, Timón, S.A.
Madrid family office of the Polanco and Pérez Arauna families (Santillana, El País founders): direct stakes, private equity funds, liquid markets and Canary Islands hotel and residential projects.
USEFUL FOR Fund managers raising capital · Business owners seeking a long-term partner · Co-investors
Family & background
- FAMILY
- Polanco and Pérez Arauna
- WEALTH ORIGIN
- Founders Jesús Polanco and Pancho Pérez González built Editorial Santillana and founded the newspaper El País
- HEADQUARTERS
- Madrid, Spain
- FOUNDED
- 1973
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- SECTORS
- Real Estate & PropTechMedia & EntertainmentHealthTechClimate & EnergyIndustrial & Manufacturing
- GEOGRAPHY
- Spain
- ROUTES
- Companies (own capital) · Funds (as LP)
- STRATEGIES
- Direct investmentsPrivate equityFunds (as LP)Real estatePublic equities
Overview
Grupo Timón traces back to the 1950s partnership of Jesús Polanco and Pancho Pérez González, founders of Editorial Santillana and the newspaper El País. Structured as a family office run by business professionals, it diversified in the 1980s and 1990s into hotels and real estate and still holds stakes in several media companies without managing them. It takes majority and minority direct stakes, invests in private equity funds and keeps part of its capital in liquid markets; it also develops Abama Resort, the MyWay Hotels & Resorts brand and Gran Hotel Taoro in Tenerife.
Investment thesis
Takes long-term majority or minority stakes in solid, well-managed companies across sectors, joining their governance when needed; selects private equity funds on the strength of their teams and track record; keeps a limited share of capital in liquid markets; current sectors include infrastructure, real estate, health, renewable energy and tourism.
Holdings & investments (3)
- Abama Resort (Tenerife)NOTABLEReal Estate & PropTech
- Gran Hotel Taoro (Tenerife; management taken on in 2023)Consumer & E-commerce · since 2023
- MyWay Hotels & ResortsConsumer & E-commerce
People
- Ignacio Polanco MorenoChairman · source
- Manuel Polanco MorenoBoard member · source
- Borja Pérez AraunaCEO · source
Frequently asked questions
Grupo Timón is a family holding based in Madrid, Spain, founded in 1973.
Grupo Timón invests on behalf of the Polanco and Pérez Arauna family (Founders Jesús Polanco and Pancho Pérez González built Editorial Santillana and founded the newspaper El País).
Grupo Timón 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), real estate and public equities.
Grupo Timón invests in Real Estate & PropTech, Media & Entertainment, HealthTech, Climate & Energy and Industrial & Manufacturing.
Key people at Grupo Timón include Ignacio Polanco Moreno (Chairman), Manuel Polanco Moreno (Board member) and Borja Pérez Arauna (CEO).
Grupo Timón's holdings and investments include Abama Resort (Tenerife), MyWay Hotels & Resorts and Gran Hotel Taoro (Tenerife; management taken on in 2023).
No. Grupo Timón invests its own capital and does not raise money from outside investors.