Tresmares Capital

Our team is made up of the founding partners who along with a bunch of professionals underpin the company structure.

Borja Pérez

President

Borja is President and a founding partner of Tresmares Capital.

He was President of Qualitas Equity Partners since its establishment in 2003. He was the one to promote investment and disinvestment process in various funds and vehicles created and developed in a wide range of business activities.

Borja’s professional career in the investment field through various Capital structures involved performing executive tasks at the same time participating in administrative bodies and their boards’ delegated committees.

He holds a degree in Economics and Business Studies from the Complutense University of Madrid (Universidad Complutense de Madrid) and has an MBA from IE Business School (el Instituto de Empresa de Madrid).

Borja Oyarzabal

CEO

Is CEO and a founding partner of Tresmares Capital.

Before that, he was a Partner and Private Equity area Manager of Qualitas Equity where we also coordinated other business units dedicated among others to property funds and industrial shares. During this period he coordinated and ran multiple portfolio operations. He also worked at Bain&Company consultancy and PwC.

Borja holds a Masters Degree in Business Administration from INSEAD, a Masters Degree in Science from Virginia Tech University, a Bachelors Degree in Industrial Engineering from the University of Zaragoza, and a Bachelors degree in Engineering from the University of Nottingham Trent where he was awarded the first prize for best engineering. Borja combines his current job with teaching in various graduate and post-graduate programmes.

Juan Rubio

Strategy Director

He comes from Qualitas Equity Partners and before that, he worked as Alternative Investment Manager at Arcalia Banca Privada (Private Equity).
Juan holds a degree in Economics from the University of Seville and has a Masters Degree in Portfolio Management from the IEB (Institute of Stock Exchange Studies) in Madrid.

María José Víboras

Legal Director

She comes from Qualitas Equity Partners and before that, she worked at Cuatrecasas, Gonçalves Pereira in Madrid, Barcelona and London as a commercial lawyer, her main focus being mergers and acquisitions and securities market transactions.
María José holds a degree in Law and in Business Administration and Management from the Comillas Pontifical University (Universidad Pontificia de Comillas)(ICADE, E-3) and has a Masters Degree in Law (LL.M) from Columbia University.

Julián Renilla

Legal Counsel

Before joining Tresmares, Julián worked for more than five years at Linklaters as a corporate lawyer, his main focus being capital markets transactions, advising both issuers and underwriters.

Julián holds a Degree in Law from Universidad Autónoma de Madrid and a Master’s Degree in Law from Universidad Carlos III de Madrid.

Ignacio Vicente

CFO - Chief Financial Officer

Ignacio is Chief Financial Officer at Tresmares Capital

Before that, he was CFO&CSO at Instituto de Crédito Oficial (State controlled 14th Spanish Banking Group), Head of Investees at FROB (Fund for the Orderly Recovery of the Banking Sector), Chief of Staff to the General Secretary of the Treasurt and deputy Head of Funding and Debt Management at the Ministry of the Economy. He has teached as assistant lecturer at Universidad Carlos III.

Ignacio Vicente is BSc in Business Management, MBA from IESE, CFA and FRM charterholder. He has passed examinations to join the Special Corps of State Economists and Trade Experts.

Irene Calvo

Financial Controller

She comes from Qualitas Equity Partners and before that she worked for HB Asset Management as a Client Associate.
Irene has an MBA (graduated with honours: cum laude) from Lynn University.

Nuria Ortega

Direction Secretary

Nuria is an Executive Assistant at Tresmares Capital.
Nuria previously worked at Deloitte, Allen & Overy and Group Ferrovial.
Nuria has a degree in Management Assistance at the prestigious St. Charles College.

Business Intelligence

Team of professionals in charge of Tresmares technological development.

Marion Roussel

Lead Data Scientist

Marion is Lead Data Scientist at Tresmares Capital.

Before that she was Head of Data Science at Capital Float, an India FinTech.

Marion has a Ph.D. in Biostatistics and Modelling applied in Epidemiology and a master from the Université Claude Bernard Lyon 1. She also got an engineering degree from INSA de Lyon.

Javier Espinosa

FullStack Developer

Javier is fullstack developer at Tresmares Capital.

He has worked as a fullstack developer for several consulting firms, emphasizing the technologies of Java, Javascript, Vue, SQL, among others
and an official license of Talend Studio Development and Talend Management Center.

Tresmares Private Equity

Team of professionals in charge of Private Equity investments

Ignacio Calderón

Partner

He comes from Qualitas Equity Partners and before that, he worked for 7 years in M&A department of Lazard bank (USA) as Vice-president and an Associate in Banco Santander.

Ignacio holds a degree in Business Administration and Management from CUNEF University.

Diego Benguría

Investment Director

He comes from Qualitas Equity Partners and before that he worked for 6 years as a Strategy Consultant in Deloitte.
Diego holds a degree in Business Administration and Management from The University of Navarra (Universidad de Navarra) and has an MBA from Columbia Business School (Fulbright scholar).

Miguel Sánchez

Senior Associate

He comes from Qualitas Equity Partners and before that he worked for Monitor Deloitte in the Department of Strategy Consulting in Deloitte.

Miguel is an Industrial Engineer graduated from the Comillas Pontifical University (la Universidad Pontificia de Comillas) (ICAI) and has an MBA from INSEAD Business School.

Carlos Pacheco

Senior Advisor

Carlos Eduardo Pacheco comes from Qualitas Equity Partners and is an advisor on all operations of investee companies Tresmares has in Latin America.
At present, he is Managing Director of Massada, an investment company currently present in a number of sectors including banking, insurance, pension funds, building, infrastructure, mining and energy among others. Before that, he worked at Banco Santander and AXA where he was in charge of mergers and acquisitions in Latin America and Africa.

He holds a degree in Business Management from the University of Miami and has an MBA from IE Business School.

Rodrigo Doncel

Associate

Before joining Tresmares he worked in the M&A Transaction Services department at Deloitte.
Rodrigo holds a degree in Business Administration and Management from CUNEF University.

Tresmares Direct Lending

Team of professionals in charge of Direct Lending investments

Borja Cuellar

Partner

Borja is a partner in the Direct Lending group

Before that Borja worked in the Special Situations Department at ADIC (Sovereign Wealth Fund, Middle East) and at CVCI – Private Equity fund (a business unit of Citigroup). He also worked for two years in the Leveraged Finance Department at Lehman Brothers. Borja started his career as a strategy consultant at Oliver Wyman.

Borja holds a degree in Law and in Business Administration and Management from the Comillas Pontifical University (Universidad Pontificia de Comillas), ICADE and has an MBA from Columbia Business School.

Juan Pérez Iglesias

Partner

Before joining Tresmares Capital he spent close to 13 years in the investment banking division at J.P. Morgan, doing mergers and acquisitions.

Juan was the coverage partner of some of the largest Iberian financial institutions, being part of numerous M&A, ECM and DCM deals.
Additionally, Juan also covered the asset management industry in EMEA and Sub-Saharan financial institutions.

Juan holds a bachelor degree in Business Administration and Management from CUNEF University.

Diego Ezquerra

Associate

Before joining Tresmares he worked for five years for Monitor Deloitte, in Strategy Consulting Department in Deloitte.

Diego is an Industrial Engineer graduated from the Comillas Pontifical University (Universidad Pontificia Comillas) (ICAI) and has an MBA from INSEAD Business School.

Joaquín Visquert

Associate

Before joining Tresmares, Joaquín worked at Oliver Wyman for four years as a strategy consultant and at Citi in Investment Banking for the Latam region.

Joaquín studied industrial engineering at Universidad Politécnica de Valencia and École Centrale Paris, in which he graduated as the top performer of his class. Additionally, he pursued an MBA at MIT Sloan School of Management (“la Caixa” scholar).

Fátima García

Analyst

Before joining Tresmares, Fátima worked in the investment team at White Summit Capital and in the investment banking department at Citigroup in London.

Fatima holds a degree in Business Administration and Management from the Comillas Pontifical University, ICADE.

Alejandra Gallo

Analyst

Before joining Tresmares, Alejandra worked at EY in the M&A team of the Transactions department.

Alejandra studied a bilingual Bachelor's Degree in Business Administration and Management, and she has a degree in Data & Business Analytics from the Universidad Pontificia Comillas, ICADE.

Álvaro Polanco

Analyst

Before joining Tresmares, Álvaro worked at Abante Asesores as a private banking financial advisor.

Álvaro has a degree in Business Administration and Management from the University of CUNEF.

Tresmares Direct Lending

Team of professionals in charge of offering custom-made financing solutions to medium-sized enterprises

Borja Gómez-Zubeldia

Partner

Borja is a Partner of Tresmares Financial Products.

Before joining Tresmares Financial Products, he worked for more than 17 years in investment banking in Nomura, UBS and JPMorgan. In aggregate, he closed over 50 transactions in M&A, financing and capital markets with a total combined value in excess of €100bn.

Borja holds a degree in Law and Business Administration and Management from the Comillas Pontifical University, ICADE.

José Ignacio Dengra

Investment Director

José Ignacio is an Investment Director in Tresmares Financial Products.

Prior to joining Tresmares he worked for over 5 years as a Principal in the Direct Lending fund of Alantra, where he participated in several Spanish mid-market financings. Formerly he worked 5 years in the Investment Banking Department of Nomura, both in M&A and Leveraged Finance teams in Madrid and London

Jose Ignacio holds a double degree in Business Administration and Law from the Comillas Pontifical University (ICADE).

Nicolás Kaiser

Associate

Before joining Tresmares, Nicolás worked in the M&A team at Arcano as a Senior Associate, in the Distressed M&A team at Alantra as a Senior Associate and in the Structured Finance team at BBVA as a Senior Analyst.

Nicolás holds a Degree in Economics from Universidad Carlos III de Madrid, has an MBA from INSEAD Business School and an MsC in Finance from IEB.

Emilio Butragueño

Analyst

Before joining Tresmares he worked for more than two years in the M&A and Restructuring & Special Situations Group at PJT Partners.

Emilio holds a degree in Business Administration from Universidad Pontificia Comillas (ICADE E-4) and Northeastern University.

Arturo de Vicente

Analyst

Before joining Tresmares he worked in the investment banking department at Rothschild & Co.

Arturo holds a dual degree in Law and Business Administration and Management from Universidad Pontificia Comillas (ICADE E-3)

Iñigo Pérez

Analyst

Prior to joining Tresmares he worked at BBVA Corporate & Investment Banking.

Íñigo holds a degree in Law and a MSc in Financial Markets from the IEB.

Tresmares Portugal

Filipe Rodrigues

Investment Director

Filipe is an Investment Director in Tresmares Capital.

Prior to joining Tresmares he worked for 6 years in the M&A team of Nomura in Madrid. Previously he worked for 2 years in the Corporate Finance team of BESI and for 2 years in the Corporate Finance team Banco BiG, in Lisbon.

Filipe holds a bachelor degree in Management from NOVA School of Business and Economics (Lisboa) and an MSc in Management from Católica Lisbon School of Business & Economics.

External advisors

External advisers who collaborate with the different investment committees

Pedro Michelena

Committee member

Javier Bernal

Committee member

Blanca Sagastume

Committee member

Íñigo Olaguibel

Committee member

Eric Halverson

Committee member

Sergio García

Committee member