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Private Equity FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 7 SOURCES

Navis Capital Desarrollo

Also known as Navis Capital, Navis Capital Desarrollo, SGEIC, S.A., Navis

Barcelona independent SGEIC (CNMV 2019) whose partners run Gemba Private Equity SCR-Pyme (100% buyouts of Spanish SMEs); also manages Urizen Ventures Continuity Global SCRs (US start-ups).

Not to be confused with Navis Capital Partners, the Asia-focused private equity firm.

HEADQUARTERS
Barcelona, Spain
FOUNDED
2019
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
6 people

Focus

STAGES
Buyout
ASSET MIX
Private equityVenture capitalReal estate
GEOGRAPHY
SpainNorth America

Investment arms & vehicles

  • Navis-managed vehicle that buys 100% (or a large majority) of Spanish industrial and service SMEs with €5–30M revenue; investment team = the four Navis partners plus two investment directors

Overview

Navis Capital Desarrollo is an independent Barcelona closed-end fund manager entered in the CNMV register on 31 October 2019 (no. 153). It describes itself as specialised in analysing, selecting, structuring and managing collective investment vehicles in alternative assets and private capital. Its main own strategy is Gemba Private Equity SCR-Pyme, run by the four Navis partners with two investment directors, which buys 100% of Spanish SMEs; Gemba lists six holdings and sold Frecan in 2024. Navis also manages Urizen Ventures Continuity Global I and II SCR, vehicles for Silicon Valley start-ups.

PORTFOLIO (7)

  • Frecan
    Consumer & E-commerce · since 2022 · Exited (100% sold, Feb 2024)
  • Vitrispan
    Industrial & Manufacturing · since 2022
  • Estamode
    Industrial & Manufacturing
  • Gines Coll
    Industrial & Manufacturing
  • Calidulce
    Consumer & E-commerce
  • Urbadis
    Industrial & Manufacturing
  • Transportes Asensi
    Mobility & Logistics

People

  • Juan Martínez de Tejada
    Partner · source
  • Rocío Ledesma
    Partner · source
  • Stephan Koen
    Partner · source
  • Iker Zabalza
    Partner · source
  • Manuel Alonso
    Investment Director, Gemba Private Equity · source
  • David Gonzalvo
    Investment Director, Gemba Private Equity · source

Links

Frequently asked questions

Navis Capital Desarrollo is a private equity fund based in Barcelona, Spain, founded in 2019.

Yes. Navis Capital Desarrollo invests its own capital in private companies.

Navis Capital Desarrollo invests at Buyout stage in Industrial & Manufacturing and Consumer & E-commerce.

Key people at Navis Capital Desarrollo include Juan Martínez de Tejada (Partner), Rocío Ledesma (Partner), Stephan Koen (Partner) and Iker Zabalza (Partner).

Navis Capital Desarrollo's investments include Frecan, Vitrispan, Estamode, Gines Coll, Calidulce, Urbadis and Transportes Asensi.

Yes. Navis Capital Desarrollo manages capital from outside investors.