European mid-market real assets investment advisory specialist.

We are a long-term and relationship-driven investor following a fundamental and disciplined approach based on our knowledge of the European mid-market sector.

Incus provides investment advisory services to European equity and debt real assets funds, with a primary focus on Spain, Portugal, Italy, France, and Germany.

2023

European Renewables Credit Fund II

Investing & Raising

2022

European Renewables Credit Fund I

Harvesting

2021

European Real Estate Equity Fund I

Investing & Raising

2021

European Specialty Credit Fund IV

Investing

2019

European Real Estate Credit Fund I

Harvesting

2018

European Specialty Credit Fund III

Harvesting

2018

Milan office opening

2017

Paris office opening

2015

European Specialty Credit Fund II

Harvesting

2015

Lisbon office opening

2013

Luxembourg office opening

2012

European Specialty Credit Fund I

Liquidated

2012

Madrid office opening

Investment Principles

 


Real assets specialist


  • Specialized in the analysis and understanding of real assets operating in Europe.

  • Selectively target assets that offer reliable long-term returns and capital appreciation.

  • Value creation through hands-on active asset management.


Flexible & efficient capital


  • Incus seeks to unlock transformational growth for SMEs. This flexibility extends from the negotiation of the deal through the life of the transaction.

  • Providing flexible and efficient capital solutions designed to meet the tailored needs of companies.


Event & opportunistic driven


  • Identifying event-driven and special situations that capitalize on complex, misunderstood, one-off opportunities.

  • Engage in strategy-driven transactions where Incus has deep knowledge of operational, financial, legal, and commercial aspects of the deal.


Local origination


  • Origination networks in each local market, with deep knowledge and understanding of market particularities.

  • Focus on the mid-market with reduced competition and allowing for higher returns.

  • Established partnerships with local advisers.

INCUS EUROPEAN FUNDS

Key figures

€3 billion

raised since firm inception in 2012

+120 transactions

in Europe

€20 million - €100 million

target investment size