Portobello Capital
Also known as PORTOBELLO CAPITAL GESTION, SGEIC, S.A., Portobello
Madrid independent mid-market private equity manager running majority, structured-minority, secondary and continuation funds; Portobello Fund V closed at €710M in September 2026.
- HEADQUARTERS
- Madrid, Spain
- FOUNDED
- —
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 8 people
Focus
- STAGES
- GrowthBuyout
- ASSET MIX
- Private equity
- GEOGRAPHY
- Spain
Overview
Portobello Capital is an independent Spanish private equity manager focused on the middle market, with offices in Madrid and Luxembourg. Its strategy page lists eleven vehicles raised since 2014 and states that 87% of its investor base is international institutional investors. It invests in leading companies in growing niches through majority buy-outs, structured minority stakes, secondaries and single-asset continuation vehicles, and in September 2026 closed Portobello Fund V at €710M against a €600M target.
Investment thesis
Proprietary deals in leading companies in high-growth, cycle-resilient niches; flexible capital solutions (majorities, structured minorities, secondaries); value creation mainly through growth, internationalisation, professionalisation and buy-and-build.
PORTFOLIO (12)
- ServeoNOTABLEIndustrial & Manufacturing
- CondisNOTABLEConsumer & E-commerce · since 2021
- ProeducaNOTABLEEducation
- Béaba-SuavinexConsumer & E-commerce · since 2026
- Dualparts GroupMobility & Logistics
- Clínicas MiHealthTech
- PlexusSoftware & SaaS
- PlenergyMobility & Logistics
- ControlautoMobility & Logistics
- SolionsFood & Agriculture
- Torre OriaFood & Agriculture
- FarmolIndustrial & Manufacturing · since 2021 · Exited
People
- Luis PeñarrochaFounding Partner · source
- Juan Luis RamírezFounding Partner · source
- Íñigo Sánchez-AsiaínFounding Partner · source
- Norberto ArratePartner · source
- Carlos Dolz de EspejoPartner · source
- Antonio TodiscoPartner · source
- Sabrina AldanaDirector of Client Relations and Fundraising · source
- Rebeca GarcíaFinance Director · source
Links
Frequently asked questions
Portobello Capital is a private equity fund based in Madrid, Spain.
Yes. Portobello Capital invests its own capital in private companies.
Portobello Capital invests at Growth and Buyout stages in Consumer & E-commerce, Industrial & Manufacturing, HealthTech, Education and Food & Agriculture.
Key people at Portobello Capital include Luis Peñarrocha (Founding Partner), Juan Luis Ramírez (Founding Partner), Íñigo Sánchez-Asiaín (Founding Partner) and Norberto Arrate (Partner).
Portobello Capital's investments include Serveo, Condis, Proeduca, Béaba-Suavinex, Dualparts Group, Clínicas Mi, Plexus and Plenergy, among others.
The most recent publicly reported investment by Portobello Capital is Béaba-Suavinex (Majority stake), announced in Jul 2026.
Yes. Portobello Capital manages capital from outside investors.