Incus 2023 Director promotions

Written by: Javier Menendez



Madrid, March 6, 2023 – Incus Capital (“Incus”), the European real assets investment advisory firm headquartered in Madrid, has recently announced Director promotions for professionals in the firm´s Madrid office.

“We are very pleased to recognize the achievements from these individuals with well-deserved promotions,” said Andrew Newton, Managing Partner of Incus Capital. “Each of these professionals represents well the culture and values of our firm. We are confident they will continue to serve our clients with high quality.”

Guillermo Entrecanales has been promoted to Director. He joined Incus in 2013 and is a member of the investment team in Madrid. Guillermo is a leading investment team member for infrastructure related transactions executing transactions within the renewable energy, infrastructure, and alternative assets industries.

Enrique Santos has been promoted to Director. He joined Incus in 2014 and is a member of the investment team in Madrid. Enrique focuses on the analysis of performing and non-performing loan portfolios, transitional events financing situations and real estate lending across Spain, Portugal, Italy and France.

Eduardo San Martin has been promoted to Director. He joined Incus in 2017 and is a member of the investment team in Madrid. Since joining Incus, Eduardo has been involved in the execution and structuring of credit transactions and a senior member of the real estate equity team.

“As we take the next steps in the evolution of our strategic journey, these talented professionals continue to help make a tangible impact on our firm and we look forward to continuing working closely together as we focus on the opportunity set ahead”, said Estanislao Carvajal, Partner at Incus Capital.

About Incus Capital

Founded in 2012, Incus Capital is a real assets investment advisory firm with offices in Madrid, Lisbon, Milan and Paris. The firm focuses on providing flexible capital solutions to mid-market companies in Europe. The Incus investment strategy includes a strong focus on downside protection and asset-backed collateral with target investment sizes between €20 million and €100 million. Incus Capital acts as the investment advisor to funds with €2.2 billion in assets under management (“AUM”).

The Incus funds have successfully invested over €2.5 billion across more than 115 equity and credit transactions in the firm´s core markets of Spain, Portugal, Italy, France and Benelux. The Incus funds investor base includes Public & Private Pension Plans, Insurance Companies, Sovereign Wealth Funds, Endowments, Foundations, Family Offices in the US, Canada, and Europe.