ASCRI appoints Kibo Ventures' Aquilino Peña as president

Kibo Ventures founding partner Aquilino Peña has been appointed president of Spanish venture capital and private equity association ASCRI for the period 2020-2022.

Publicado Tuesday, May 26th 2020
ASCRI appoints Kibo Ventures' Aquilino Peña as president

Aquilino Peña

Peña will replace outgoing president Miguel Zurita, managing partner and co-CIO of Altamar Capital.

Kibo Ventures is a venture capital fund that manages assets worth €115 million. It has invested in more than 50 high-growth companies, such as Flywire, Carto, Job&Talent, Devo, Defined Crowd and Paack.

Kibo Ventures has invested in companies based in Spain, USA, UK, Canada, Portugal and Germany and has co-invested with more than 35 leading international funds.

Peña co-founded e-commerce company, which operates in Spain and Latin America.

He has been involved in the management of more than 50 portals, including,,, el Rincón del vago, Autocity, and Hachette group portals. Orange's network of portals developed the second largest Spanish-language audience group with 40 million users per month, the tenth largest Spanish-language audience worldwide.

Peña has been an angel investor in more than 15 companies, including Volotea, Acierto, Bodeboca and the ISDI business school.

Prior to his role with Kibo Ventures, Peña was Spain and Portugal CEO of Mediaedge:cia. Previously he was general manager of the interactive business of Orange, marketing and customer service director of eresMas/Wanadoo, founder and CEO of in Spain and a consultant for The Boston Consulting Group in Madrid and Sao Paulo.

The ASCRI vice presidents are Oriol Pinya, CEO and co-founder of Abac Capital, and Alberto Gómez, co-founder and managing partner of Adara Ventures. Pinya previously worked at Apax Partners for 15 years, while Gómez previously worked as an investment banker at Morgan Stanley and Merrill Lynch and a strategy consultant at McKinsey and Booz Allen.

Pinya will become a member of ASCRI’s board of directors, along with Almudena Trigo (BeAble Capital), Pedro Lopez (Permira) and Jose Luis del Rio (Arcano).