LagunAro EPSV
Also known as LagunAro, EPSV, LagunAro, LagunAro, Entidad de Previsión Social Voluntaria de Empleo Preferente
Voluntary social-welfare (pension) entity for cooperative worker-members, Arrasate-Mondragón; €8.0bn invested at end-2025, 16% in alternatives incl. private capital and private debt funds.
- HEADQUARTERS
- Arrasate-Mondragón, Spain
- FOUNDED
- —
- AUM
- €8B (2025)
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 3 people
Focus
- STAGES
- —
- SECTORS
- —
- ASSET MIX
- Public equitiesHedge fundsPrivate equityPrivate creditReal estate
- GEOGRAPHY
- Global
Overview
LagunAro, EPSV is the voluntary social-welfare entity that provides pensions and other benefits to cooperative worker-members, based in Arrasate-Mondragón (Gipuzkoa). Its capitalisation fund had €7.76bn of financial investments at the end of 2025, plus €237M in its pay-as-you-go fund. Its investment policy allows 10–30% in alternative investments; at end-2025 alternatives were 16% of the portfolio (€1.24bn), covering hedge funds, private capital (venture and growth) funds, private debt funds and real-estate and infrastructure funds. It also holds a stake in Caja Laboral.
People
Links
Frequently asked questions
LagunAro EPSV is a institutional investor based in Arrasate-Mondragón, Spain.
LagunAro EPSV does not primarily put its own money into private companies.
Key people at LagunAro EPSV include José Antonio Alustiza Usandizaga (President, Consejo Rector), José Carlos Maza Guzmán (Director General) and Adrián Serrano López (Director of Investments).
No. LagunAro EPSV invests its own capital and does not raise money from outside investors.