Business & Leadership

Portobello Capital Promotes Norberto Arrate to Partner

Spanish private equity fund Portobello Capital has promoted Norberto Arrate to partner.
Norberto Arrate

© Leaders League

Spanish private equity fund Portobello Capital has promoted Norberto Arrate to partner.


Arrate, who joined Portobello in 2013, was previously a director.


Prior to joining Portobello, Arrate was principal at private equity firm Apax Partners, where he spent more than eight years. Earlier in his career he was an analyst at Morgan Stanley.


Founded in 2010, Portobello Capital is managed by partners Íñigo Sánchez-Asiaín, Juan Luis Ramírez, Ramón Cerdeiras, Luis Peñarrocha and Carlos Dolz.


Portobello Capital has capital committed and under management totaling around €1.3 billion. It has a team of twenty-eight professionals and thirteen companies in its portfolio. Fund III, worth €375 million closed in August 2014 and is fully invested. Currently, Portobello Capital has raised its Fund IV, with a final close of €600 million. Fund IV has already made four investments.


Last month, Portobello Capital acquired BT’s Spanish managed ICT services business, which generates revenue of €270 million per year.

Read the full Special Report: SPAIN

NEWS & ANALYSIS
Summary Galp agrees €2.2bn solar PV projects deal with ACS Group ‘Funds fostering gender diversity achieve better returns’ DAC Beachcroft Incorporates Spain's Asjusa Abogados Former Spanish defence minister Dolores de Cospedal joins CMS Iberia Boss Luis Gallego to Take Over at IAG Del Rosal & Adame Recruits Iñigo Segrelles de Arenaza as Partner Ergon Capital Buys Majority Stake in Palex From Corpfin Capital Esteve Sells Generic Drugs Division to Towa Pharmaceutical for €320m Nexxus Iberia Confirms Investment in TwentyFour Seven

interview

Accenture's CEO and CFO interview by Leaders League Group

About us

Download