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Private Equity FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 11 SOURCES

GVC Gaesco Alternative Investments

Alternative-investment manager of the financial group GVC Gaesco

Also known as GVC Gaesco Alternative Investments, SGEIC, S.A., Zamit Capital

Barcelona SGEIC of the GVC Gaesco group (CNMV 2025): Zamit SME private-equity funds plus venture vehicles run with partner teams (Next Tier, VenturCap, Resilient Infratech); €330M managed.

HEADQUARTERS
Barcelona, Spain
FOUNDED
2025
OUTSIDE CAPITAL
Yes
TEAM LISTED
5 people

Focus

STAGES
SeedSeries AGrowthBuyout
ASSET MIX
Private equityVenture capital
GEOGRAPHY
SpainEurope

Overview

GVC Gaesco Alternative Investments, SGEIC, S.A. is the alternative-investment manager of the GVC Gaesco financial group, registered with the CNMV in February 2025 with a starting book of venture-capital companies of about €200M. Its own private-equity line, Zamit, invests in Spanish SMEs with EBITDA of €2–5M alongside business families who are clients of GVC Gaesco's private bank; Zamit I (2020) reached €22M and Zamit II, a Luxembourg vehicle launched in 2025, targets €60M. It also manages venture vehicles run with partner teams, including Next Tier GVC Gaesco SCR (AI start-ups), VenturCap and Resilient Infratech Ventures (€70M, infratech). It reported €330M under management in October 2025 and is authorised to sell to retail investors from €10,000.

Investment thesis

Zamit: minority or majority stakes in Spanish SMEs with balanced finances, proven business models and EBITDA of €2–5M, supporting professionalisation and expansion; venture vehicles cover companies from seed to pre-IPO in technology and innovation.

PORTFOLIO (4)

  • European Flyers
  • Saigu Cosmetics
  • Okticket
  • Vacway

People

  • Paco Illueca
    Director General · source
  • Patricia Pastor
    General Partner, Next Tier Ventures (part of the founding management team) · source
  • Maria Àngels Vallvé Ribera
    Chair of the board · source
  • Andrés Fernández Esmerats
    Director · source
  • Enrique Vidal-Rivas Martí
    Director · source

Links

Frequently asked questions

GVC Gaesco Alternative Investments is a private equity fund based in Barcelona, Spain, founded in 2025.

Yes. GVC Gaesco Alternative Investments invests its own capital in private companies.

GVC Gaesco Alternative Investments invests at Seed, Series A, Growth and Buyout stages in Artificial Intelligence, Software & SaaS, Deep Tech and Climate & Energy.

Key people at GVC Gaesco Alternative Investments include Paco Illueca (Director General), Patricia Pastor (General Partner, Next Tier Ventures (part of the founding management team)), Maria Àngels Vallvé Ribera (Chair of the board) and Andrés Fernández Esmerats (Director).

GVC Gaesco Alternative Investments's investments include European Flyers, Saigu Cosmetics, Okticket and Vacway.

Yes. GVC Gaesco Alternative Investments manages capital from outside investors.