{"id":42194,"date":"2014-01-21T00:00:00","date_gmt":"2014-01-20T23:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/fond-ico-global-su-impacto-en-el-futuro-del-capital-riesgo\/"},"modified":"2025-03-12T11:25:11","modified_gmt":"2025-03-12T10:25:11","slug":"fond-ico-global-su-impacto-en-el-futuro-del-capital-riesgo","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/fond-ico-global-su-impacto-en-el-futuro-del-capital-riesgo\/","title":{"rendered":"FOnd-ICO Global and its impact on the future of venture capital"},"content":{"rendered":"<address><span style=\"color: #000000;\">There have been recent reports on venture capital and private equity activity. <strong>venture capital<\/strong> in 2013. The numbers are not good: a 31% drop in volume and a 15% drop in the number of transactions. Will it manage to\u00a0<span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.axispart.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #000000; text-decoration: underline;\">Fond-ICO Global\u00a0<\/span><\/a><\/span>increase these figures in 2014 and beyond?<\/span><\/address>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #0000ff;\"><strong>What is Fond-ICO Global?<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">According to the Entity itself, Fond-ICO Global, registered in the\u00a0<span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.cnmv.es\/portal\/home.aspx\" data-cke-saved-href=\"https:\/\/www.cnmv.es\/portal\/home.aspx\" data-cke-saved- target=\"_blank\" rel=\"noopener\"><span style=\"color: #000000; text-decoration: underline;\">CNMV<\/span><\/a><\/span>\u00a0desde el pasado 24 de mayo de 2013, es el primer \u00abFondo de Fondos\u00bb p\u00fablico de <strong>private equity<\/strong> 1.2 billion, with the aim of promoting the creation of privately managed venture capital funds that invest in Spanish companies at all stages of their development. This Fund of Funds will be the catalyst for the creation of more than 40 new private venture capital funds, mobilising a total of approximately \u20ac3,000M.<\/span><\/p>\n<p><span style=\"color: #0000ff;\"><strong>Future impact on the growth of venture capital<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">\"The ICO is not the majority investor, but requires private investors to provide the remaining 60-70% of each fund. Therefore, in the first call closed at the end of 2013, a total of \u20ac685M was attracted, a very significant figure if we bear in mind that the<strong> private equity<\/strong> The domestic market mobilised \u20ac403M in 2011 and \u20ac448M in 2012. This suggests that the volume of the coming years will significantly increase the figures of the previous sector\", analyses Diego Gutierrez of\u00a0<span style=\"text-decoration: underline;\"><a href=\"https:\/\/techma.bakertilly.es\/en\/\" data-cke-saved-href=\"https:\/\/techma.bakertilly.es\/\" data-cke-saved-><span style=\"color: #000000; text-decoration: underline;\">Abra Invest.<\/span><\/a><\/span><\/span><\/p>\n<p><span style=\"color: #0000ff;\"><strong>A first call with \u20ac189M in Dec-13 and a next call in February 2014.<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">In this first call, 23 bids were submitted, 11 venture capital and 12 expansion capital, for a total amount of \u20ac581M. Three venture capital funds have been selected:<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.crunchbase.com\/financial-organization\/adara-venture-partners\" data-cke-saved-href=\"http:\/\/www.crunchbase.com\/financial-organization\/adara-venture-partners\" data-cke-saved- target=\"_blank\" rel=\"noopener\"><span style=\"color: #000000; text-decoration: underline;\">\u00a0Adara Ventures Partners II<\/span><\/a><\/span>,\u00a0<span style=\"text-decoration: underline;\"><a href=\"http:\/\/ambarcapital.es\/\" data-cke-saved-href=\"http:\/\/ambarcapital.es\/\" data-cke-saved- target=\"_blank\" rel=\"noopener\"><span style=\"color: #000000; text-decoration: underline;\">Ambar Capital\u00a0<\/span><\/a><\/span>and Expansion and<span style=\"text-decoration: underline;\"><span class=\"removed_link\" title=\"http:\/\/www.sumacapital.com\/index.aspx\"><span style=\"color: #000000; text-decoration: underline;\">\u00a0Suma Capital,<\/span><\/span><\/span>\u00a0and three others for expansion capital :\u00a0<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.corpfincapital.com\/\" data-cke-saved-href=\"http:\/\/www.corpfincapital.com\/\" data-cke-saved- target=\"_blank\" rel=\"noopener\"><span style=\"color: #000000; text-decoration: underline;\">Corpfin Capital Advisors<\/span><\/a><\/span>,\u00a0<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.dianacapital.com\/index.php?inicio_es\" data-cke-saved-href=\"http:\/\/www.dianacapital.com\/index.php?inicio_es\" data-cke-saved- target=\"_blank\" rel=\"noopener\"><span style=\"color: #000000; text-decoration: underline;\">Diana Capital\u00a0<\/span><\/a><\/span>and\u00a0<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.portobellocapital.es\/\" data-cke-saved-href=\"http:\/\/www.portobellocapital.es\/\" data-cke-saved- target=\"_blank\" rel=\"noopener\"><span style=\"color: #000000; text-decoration: underline;\">Portobelo Capital\u00a0<\/span><\/a><\/span>Management.<\/span><br \/>\n<span style=\"color: #000000;\">Expansion funds have been allocated \u20ac150m, while the total amount allocated to Venture Capital is \u20ac39m.<\/span><br \/>\n<span style=\"color: #000000;\">For the second call, scheduled for 21 February 2014, the ICO will maintain the investment scope of the first call. The president of the ICO has insisted that the selection process will be carried out through regular calls following the principles of publicity, competition, equality and transparency.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Reports on venture capital and private equity activity in 2013 have recently come out. The numbers are not good: a 31% drop in volume and a 15% drop in number of deals. Will Fond-ICO Global manage to increase these figures in 2014 and beyond?<\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2277],"tags":[171,172],"sectores":[],"tipo-contenido":[2260],"class_list":["post-42194","post","type-post","status-publish","format-standard","hentry","category-multiplos-de-empresas-cotizadas","tag-capital-riesgo","tag-venture-capital","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/42194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=42194"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/42194\/revisions"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=42194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=42194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=42194"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=42194"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=42194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}