Incus Capital
Financial ServicesCommunity of Madrid, Spain51-200 Employees
Incus Capital is a European real assets specialty investment advisory firm headquartered in Madrid, Spain. It provides flexible capital solutions to mid-market European companies, with an investment approach that emphasizes downside protection and asset-backed collateral, targeting investments of roughly €10 million to €100 million. The firm manages about €2.7 billion in assets under management and serves a client base that is predominantly institutional, including fund of funds, family offices, insurance companies, sovereign wealth funds, and public and private pension plans across the United States, Canada, the United Kingdom, Europe, Australia, and the Middle East. Incus Capital is based at 60 Paseo de la Castellana, 6th Floor, Madrid, and employs between 51 and 200 people. Its activity includes notable engagements such as a 2024 senior debt package for Greenalia in Galicia, a 2021 investment in Aguas de Valencia, and a 2026 strategic joint venture with Europi Property Group to establish an Iberian logistics platform.