Dunas Capital has appointed Juan Díaz-Laviada to the investment committee of Rainforest Dunas Iberia Fund I FCR. Díaz-Laviada was previously president and country head of Advent International Spain and international partner of the firm, as well as president of Spanish private equity trade body Ascri. Rainforest Dunas Iberia Fund I FCR is a private equity fund of funds investing exclusively in Spain and Portugal-focused GPs.
Juan Díaz-Laviada joins the investment committee of Dunas Capital’s private equity fund of funds
- Dunas Capital reinforces its private equity capabilities with two new appointments.
- Juan Díaz-Laviada has been appointed as an independent member of the investment committee of Rainforest Dunas Iberia Fund I, the first private equity fund of funds focused on Spanish and Portuguese GPs.
- The group has also announced the appointment of Javier Reguart as a private equity funds analyst.
Madrid, 23 de abril de 2019. Independent asset manager Dunas Capital has appointed Juan Díaz-Laviada to the investment committee of Rainforest Dunas Iberia Fund I FCR, the first private equity fund of funds investing exclusively in Spain and Portugal-focused GPs.
The main role of the investment committee is to approve the transactions made by the fund after carrying out a thorough analysis of the market and its investment opportunities. In order to do that, the investment committee will use a sophisticated quantitative and qualitative scoring system that has been developed to select the best private capital fund managers of the Iberian market.
Díaz-Laviada has more than 32 years of experience in the private equity sector, after leading around 45 investments. Among other positions, he has been President and Country Head of Advent International Spain and international partner of the firm, as well as president of Spanish private equity trade body Ascri. He has also been Country Head of Dresdner Kleinwort Benson Private Equity Spain between 1997 and 2002.
Díaz-Laviada holds a bachelor’s degree in Law and Business Management from ICADE and an MBP from the Keller School of Management, Chicago.
Additionally, Dunas Capital has hired Javier Reguart as a private equity funds analyst. Reguart joins in this way the team that analyses and evaluates the primary private capital funds in which Rainforest Dunas Iberia Fund I FCR invests. Reguart joins Dunas Capital from Fonditel, the funds and pension plan manager of Telefónica Group, where he worked for five years as an analyst in the alternative assets department. During that period, Reguart selected, invested and monitored national and international private capital funds, managing a portfolio of more than 75 private equity, real estate, infrastructure and private debt vehicles.
His responsibilities include maintaining a fluid relationship with private capital firms, analysing their track records as well as ensuring and improving the excellent implementation of Dunas Capital Rainforest’s scoring systems. Reguart will also perform due diligence on each fund under study and will make recommendations to the Investment Committee ofRainforest Dunas Iberia Fund I FCR.
Reguart holds a bachelor’s degree in Business Management from the University of Navarra and a Chartered Alternative Investment Analyst (CAIA) certificate.
David Angulo, Chairman of Dunas Capital, said: “The appointments of Juan Díaz-Laviada and Javier Reguart allow us to offer a better service to the investors in Rainforest Dunas Iberia Fund I, an innovative product that has been launched with the objective of offering a solution that is uncorrelated with market fluctuations. This product perfectly complements Dunas Capital’s broad catalogue and is awakening the interest from institutional investors.”
Jorge Viera, Managing Partner of Rainforest Capital Partners, commented: “Juan and Javier possess a highly relevant experience in private capital. Their broad knowledge of the Iberian market will help to build a diversified portfolio with complementary strategies, generating attractive returns in a low interest rate environment.”
Juan Díaz-Laviada, member of the investment committee of Rainforest Dunas Iberia Fund I, stated: “I am pleased to be a part of this exciting project. During many years Spanish GPs have depended on a great extent on foreign investors to raise their private capital funds. For this reason, the creation of this fund of funds is great news for the sector.”
Javier Reguart, private equity funds analyst at Dunas Capital, added: “There are currently excellent investment opportunities in private capital in Spain and Portugal that will allow the creation of a powerful and diversified portfolio in Rainforest Dunas Iberia Fund I”.
Rainforest Dunas Iberia Fund I is a fund of funds investing exclusively in Spain and Portugal-based GPs. DUNAS CAPITAL ASSET MANAGEMENT SGIIC SAU is the Management Company and BNP PARIBAS SECURITIES SERVICES acts as a depositary bank.
The fund of funds manager looks for investment opportunities in buyout and growth capital funds but also has some flexibility to invest in venture capital, private debt, infrastructure and special situations.
The fund of funds provides Dunas Capital Group’s clients the opportunity to diversify their portfolios with relatively accessible commitments compared to other private capital funds. In this way, institutional investors and high net worth individuals can gain exposure to alternative asset strategies with a new product capable of generating attractive returns with moderate risk in a context of low interest rates.
The vehicle has been registered in the Spanish Securities Market Commission (CNMV) and there is an explicative brochure that can be found at the CNMV. More information can be found on the website of the fund manager www.dunascapital.com, where it’s possible to have access to the Kiid of the institution. Rainforest Capital Partners acts as a commercial agent for the fund of funds.
About Dunas Capital
Dunas Capital is an independent Spanish and Portuguese platform for the management of movable, real estate and alternative assets. The group offers investment solutions through its broad catalogue of products, all of which have a high degree of innovation and excellence. Its team of professionals has great experience in financial markets (an average of 20 years each) and has worked in the banking, insurance and asset management sectors. Dunas Capital is licensed by the Spanish Securities Market Commission (CNMV).