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Private Equity FundAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 26 SOURCES

Nazca Capital

Also known as Nazca, NAZCA CAPITAL, SGEIC, S.A., Nazca Private Equity

Madrid private equity manager founded in 2001; invests €7M–€100M in Spanish family-owned SMEs through small-cap, aerospace and defence, and deal-by-deal vehicles.

HEADQUARTERS
Madrid, Spain
FOUNDED
2001
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
12 people

FOCUS

STAGES
GrowthBuyout
SECTORS
Industrial & ManufacturingConsumer & E-commerceSpaceDeep TechSoftware & SaaSFood & Agriculture
ASSET MIX
Private equity
GEOGRAPHY
SpainPortugal

WHAT IT IS

Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.

ABOUT

Nazca Capital is an independent Spanish private equity manager whose management company, Nazca Capital SGEIC, was registered with the CNMV in July 2001. It runs three strategies: small and mid-sized Iberian family companies (buy-outs and capital increases of €7M–€25M), aerospace and defence (generally €25M–€100M, through Fondo Nazca Aeroespacial y Defensa Innvierte I, anchored by CDTI with up to €294M), and selective deal-by-deal investments in mid-sized companies (€30M–€150M). Its website (undated counters) states 10 vehicles raised, 116 transactions since 2001 and over 90% family-owned investees.

INVESTMENT THESIS

Partners with families and management teams in Spanish and Iberian companies with proven track records and growth plans, through buy-outs and capital increases; generalist with sector knowledge in food, industry, services and healthcare; a separate strategy targets dual-use aerospace, defence and cybersecurity companies.

PORTFOLIO (12)

  • PLD SpaceNOTABLE
    Space · since 2026
  • Grupo OesíaNOTABLE
    Deep Tech · since 2025
  • FilminNOTABLE
    Media & Entertainment · since 2020
  • Aldous
    Consumer & E-commerce · since 2026
  • Xoople
    Space · since 2026
  • Ravenloop
    Software & SaaS · since 2025
  • JSV
    Industrial & Manufacturing · since 2025
  • SanSan
    Food & Agriculture · since 2025
  • Clustag
    Industrial & Manufacturing · since 2025
  • Lãberit
    Software & SaaS · since 2025
  • Teltronic
    Industrial & Manufacturing · since 2025
  • Terratest
    Industrial & Manufacturing · since 2018

TEAM

  • Carlos Carbó
    Executive Chairman & Founding Partner · source
  • Celia Pérez-Beato
    CEO & Managing Partner · source
  • Álvaro Mariategui
    Founding Partner · source
  • Carlos Pérez de Jáuregui
    Founding Partner · source
  • Daniel Pascual
    Managing Partner · source
  • Ignacio Portela
    Managing Partner · source
  • Juan López de Novales
    Partner · source
  • Ramón Garnica
    Partner · source
  • Emilio Manchón
    Partner · source
  • Javier Allende
    Partner · source
  • Cristina Badenes
    Partner – Fundraising & IR · source
  • Carme Artigas
    Operating Partner · source

LINKS

FAQ

Nazca Capital is a private equity fund based in Madrid, Spain, founded in 2001.

Yes. Nazca Capital invests directly in private companies.

Nazca Capital invests at Growth and Buyout stages in Industrial & Manufacturing, Consumer & E-commerce, Space, Deep Tech, Software & SaaS and Food & Agriculture.

Nazca Capital's stated ticket size is €7M–€100M.

Key people at Nazca Capital include Carlos Carbó (Executive Chairman & Founding Partner), Celia Pérez-Beato (CEO & Managing Partner), Álvaro Mariategui (Founding Partner) and Carlos Pérez de Jáuregui (Founding Partner).

Nazca Capital's investments include PLD Space, Grupo Oesía, Filmin, Aldous, Xoople, Ravenloop, JSV and SanSan, among others.

The most recent publicly reported investment by Nazca Capital is Aldous (Majority stake (Nazca Small Cap II)), announced in Jul 2026.

Yes. Nazca Capital manages capital from outside investors.