Skip to content
Institutional LPNo direct investingLAST VERIFIED Oct 2026 · 7 SOURCES

MAPFRE

Also known as MAPFRE, S.A., Grupo MAPFRE, Mapfre

Spanish insurance group (€48.4B investment portfolio, Dec 2025); anchor LP in Mundi Ventures' Alma Mundi Insurtech Fund and sponsor of MAPFRE Private Equity FCR and Mapfre Infraestructuras FCR.

HEADQUARTERS
Spain
FOUNDED
—
AUM
€48.4B (2025)
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
2 people

FOCUS

STAGES
—
SECTORS
—
ASSET MIX
Venture capitalPrivate equityFunds (as LP)
GEOGRAPHY
—

WHAT IT IS

Institutional LP. Pension funds, endowments, foundations and sovereign funds that commit capital to funds and, sometimes, directly.

  • MAPFRE Open Innovation (MOi)
    Group open innovation platform (startup programmes such as insur_space, venture capital, intrapreneurship); its venture capital pillar is MAPFRE's anchor investment in Alma Mundi Insurtech Fund, FCRE (dossier, January 2022)

ABOUT

MAPFRE, S.A. is a listed Spanish insurance group; its investment portfolio stood at €48,387M at the end of 2025, within €64,707M of assets under management. In 2016 it took a minority interest in Mundi Ventures' Alma Mundi Innvierte Fund and in 2018 committed €25M as anchor investor to the Alma Mundi Insurtech Fund, FCRE. In 2020 it set up MAPFRE Private Equity FCR, a fund of funds of up to €250M managed by Abante Asesores with Altamar as adviser, to hold the group's private equity investments, and in 2021 it put €100M into Mapfre Infraestructuras FCR, which invests in Macquarie (MIRA) infrastructure strategies.

PORTFOLIO (4)

  • Alma Mundi Insurtech Fund, FCRE (Mundi Ventures) — €25M anchor commitmentNOTABLE
    Fintech · since 2018
  • Alma Mundi Innvierte Fund, FCRE (Mundi Ventures) — minority interest
    since 2016
  • MAPFRE Private Equity FCR (fund of funds, up to €250M; managed by Abante Asesores SGIIC, Altamar Private Equity SGIIC as adviser)
    since 2020
  • Mapfre Infraestructuras FCR (Abante; Macquarie/MIRA strategies) — €100M
    since 2021

TEAM

  • Antonio Huertas Mejías
    Chairman of the Board of Directors and of the Delegated Committee (executive director) · source
  • José Antonio Arias
    Group Chief Innovation Officer (MAPFRE Open Innovation dossier, January 2022) · source

LINKS

FAQ

MAPFRE is a institutional investor based in Spain.

MAPFRE does not primarily invest directly in private companies. It also commits capital to third-party funds as an LP.

Key people at MAPFRE include Antonio Huertas Mejías (Chairman of the Board of Directors and of the Delegated Committee (executive director)) and José Antonio Arias (Group Chief Innovation Officer (MAPFRE Open Innovation dossier, January 2022)).

MAPFRE's investments include Alma Mundi Insurtech Fund, FCRE (Mundi Ventures) — €25M anchor commitment, Alma Mundi Innvierte Fund, FCRE (Mundi Ventures) — minority interest, MAPFRE Private Equity FCR (fund of funds, up to €250M; managed by Abante Asesores SGIIC, Altamar Private Equity SGIIC as adviser) and Mapfre Infraestructuras FCR (Abante; Macquarie/MIRA strategies) — €100M.

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