Green light for “Zubi Capital Diversity Catalyst” venture capital fund

2023-10-04T10:31:00
Spain

Cuatrecasas advises Zubi Capital on incorporating the first venture capital fund focused on diversity and inclusion in Spain

Green light for “Zubi Capital Diversity Catalyst” venture capital fund
October 4, 2023
Cuatrecasas has advised Zubi Capital Asset Management SGEIC on incorporating the “Zubi Capital Diversity Catalyst FCRE” fund, which has already been registered with the Spanish Securities and Exchange Commission, with a target size of approximately €20 million.

The main objective of this innovative investment vehicle—a groundbreaker in Spain—is to address the lack of diversity in the founding teams of new businesses and the limited access to capital of companies with diversified teams. To do so, the fund will participate in the first investment rounds to bring value to the companies, not only through capital, but also with strategic support by promoting diversity and inclusion within them.

The fund will use the methodologies and impact metrics generally accepted by the international impact investing community, and any other recognized methodologies and metrics that may be relevant in each case. For this reason, the companies in which it invests must report the diversity and inclusion, and social and environmental impact metrics to the fund management, in line with a prior assessment and as agreed with the company at the time of investment.

Zubi Capital is an investment manager specializing in asset management and forms part of the Zubi Group. Its strategy is focused on integrating social and environmental performance indicators into investment decisions. This is how it combines talent and investment, mitigating risks and providing investors the opportunity to align their resources with the fund’s assets.

The Cuatrecasas advisory team was led by partner Miguel Sánchez and associate Mariano Núñez, both experts in fund formation.

October 4, 2023