KWM advises on the incorporation of Harvest Capital Management and on the launching of its first fund

King & Wood Mallesons has advised Jaume Oliu on the incorporation of the management company Harvest Capital Management and in the launch of its first fund, Harvest Hospitality, an investment vehicle with a target size of 40 million euros and aimed primarily at investing in hotel companies located in Spain, Italy and Portugal.

Although this new fund is committed to the hotel sector, an area of activity that has good prospects in the short to medium term, with the aim of diversifying its portfolio, it also reserves the possibility of investing up to 20% of its assets in projects related to other sectors, including mass consumption, catering, residential, tourism and renewable energies.

Jaume Oliu, formerly head of corporate development and strategy at Banco Sabadell, is thus committed to launching a European private equity fund in a sector in which he already enjoys a successful track record, having previously participated first-hand in the creation of Blackstone’s hotel platform (HIP).

The KWM team that participated in this work was led by partner and head of the fund team Isabel Rodríguez, who was also supported by associates Enrique Torné and Enrique Aparicio.

Julia Gil