Providing flexible capital solutions to the European mid-market sector.

Founded in 2012, Incus Capital is an independent and privately-owned real assets investment advisory firm with local offices in Madrid, Lisbon, Milan and Paris.

The firm is an advisor to over €2 billion of assets under management (AUM) across European credit and equity funds.

Local presence with an ability to execute transactions with speed and flexibility.


Our comprehensive knowledge and understanding of European markets, together with our strong expertise in real assets, make Incus your partner of choice to deliver customised capital solutions.



Incus' activities are positioned up and down the capital structure, offering multi-product solutions. We provide clients with rapid feedback as well as complete confidentiality and reliable, quick execution.

Private debt

We provide customized solutions to companies seeking financing. Our solutions span the entire capital structure - from short term cash facilities all the way through to long-term loans.

Real estate

Debt and equity solutions in all real estate segments and sectors, from development to construction projects. We work with clients in the residential, commercial and mixed-used sectors.


Debt and equity provided to renewables developers, as well as infrastructure assets and companies in the energy transition, social infrastructure and essential services sectors.

Other real assets

Tailor-made financing and capital providers to mid-market companies in need of a creative solution to finance their goals.

Key figures

€2.7 billion

raised from investors since firm inception in 2012

+110 transactions

completed in Europe

€20 million - €100 million

target investment size

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