Tirant FCR

Tirant Inversión is a venture capital fund governed by the simplified scheme and promoted by the Valencia Institute of Finances, in which shares are held by institutional investors, private investors and family groups from the Valencia Region. Riva y García Private Equity has been entrusted with the management of Tirant Inversión.

The Fund started up with assets of €30 million at first closing, €49M set up at second closing, and with the aim of reaching €60 million by the final closing.

Riva y García Private Equity has a highly qualified team based in Valencia which is responsible for the operational management of the Tirant Inversión fund.

Main characteristics

• Tirant will invest principally in companies based in the Valencia Region. In addition, the fund may also invest in other geographical areas.
• A general and well-diversified fund, aimed at consolidating existing sectors and fostering growth in emerging sectors.
• Tirant will initially acquire a minority holding in companies with a minimum investment of €1.5 million and a maximum of €8 million. Tirant may also acquire majority holdings according to the project in question, and will also be present on the Board of Directors of investee companies with maximum involvement in value creation.
• Approximately 70% of the fund will be invested in companies in the expansion capital phase and 30% in early-stage companies.

Investments

Year	Company	Description	Logo
2007	Filmax Entertainment Group	Audiovisual industry company group specialised in the development, creation, production, digital postproduction and distribution of contents for national and international markets.
2007	Step Floor	First national branch chain specialised in sale and installation of wood flooring and wardrobe solutions
2008	Kelme	Spanish multinational dedicated to the design, manufacture and commercialisation of footwear, garments and sport accessories
2008	Incadesa	Kelme Production Company
2008	Grupo Edbe	Shops specialised in wedding and cerimony dresses
2009	Frinapa	The company stands out for the quality of its products and services, making it one of the leading companies in the food sector devoted to the hotel and restaurant industry, collectives and catering