Santander has acquired a 89.9% stake in Tresmares Capital to enhance its presence in alternative asset management and leverage growth potential in private debt and equity markets.

Target Information

Tresmares Capital, founded in 2020, is a premier alternative financing and private equity platform headquartered in Madrid with a significant presence in London. With a mission to provide innovative financial solutions to high-growth small and medium-sized enterprises (SMEs) and private equity managers across Europe, Tresmares has swiftly established itself as a leader in Spain's private debt market. The platform is objectively focused on expanding its operations internationally, with plans to increase its investment commitments to over €8 billion within the next five years.

Under the leadership of CEO Borja Oyarzábal, Tresmares Capital has developed a robust operational model that emphasizes the integration of human capital and technological tools. The firm currently employs a dedicated team of over 50 investment professionals and 20 tech-focused employees who collaborate to deliver high-quality financial products. Oyarzábal's vision for Tresmares is clear, as he continues to steer the organization towards sustained growth and innovation in an evolving market.

Industry Overview

The alternative asset management industry in Spain has seen significant growth in recent years, driven by increased demand for flexible financing options and diversified investment strategies. As SMEs seek out tailored financial s

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Santander

invested in

Tresmares Capital

in 2025

in a Buyout deal

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