Cuatrecasas advises Aurica on the creation of its Fund IV
Cuatrecasas has advised Aurica Capital on the creation of Aurica Growth Fund IV.
It is a venture capital fund and company, whose investment policy will specialise in taking minority stakes in mid-cap companies with an EBITDA of more than €5m and which seeks to invest €250m.
This fund is the first to be launched by the firm in its new phase as an independent private equity manager, following its change of shareholding, where Banco de Sabadell is no longer the majority shareholder and now holds 20% of the total shares, while the remaining 80% is held by the management team.
By this deal, Aurica Capital seeks to continue on the path of raising €250m for the Fund, which will allow it to increase its investment capacity.
The team from Cuatrecasas advising Aurica was formed by the partner, Jorge Canta (pictured) with the Associates, Guillem Martínez and Edvinas Kiskis.