Realza Capital has reached a first closing for its second private equity fund, Realza Capital Fund II, and has received commitments totalling EUR125 million.
The fund has a target of EUR200 million and is backed by a group of international and Spanish investors.
Alfredo Zavala and Martín González del Valle founded Realza in 2007 in order to invest in the Spanish lower-middle market. Realza targets family-owned, export driven lower-middle market companies that are leaders in their niche market. Its strategy is to support the growth of its portfolio companies and to help transforming them into more professional and more global players able to draw interest from strategic buyers.
Zavala says: “We are very pleased with the support we have received from both existing LPs and new LPs so far which we see as the recognition of the high quality of our team, the value created with our existing portfolio companies and the strong performance of our past investments.”
Elm Capital is acting as the exclusive placement agent for the fund.
