Smart investments
in an international, competitive
and demanding market

About us

Alaluz Capital is an independent fund management company (SGIIC) founded in 2015 by a group of professionals with wide experience in wealth management and duly registered in the Comisión Nacional del Mercado de Valores (CNMV). Our objective is to preserve wealth while generating long term returns for our utmost priority; investors. Aware of the responsibility it takes to manage their wealth, we invest and protect their capital actively employing a diligent, responsible and fully dedicated approach.

 

 

PHILOSOPHY

Each member of the team possesses over 20 years of professional expertise in a wide array of financial assets, ably identifying good investments to generate long term returns. Our policy is to focus more on protecting investors’ wealth rather than chasing high returns in a speculative environment.

TRANSPARENCY

Transparency is one of our main pillars; openly explaining what we do and why we do it is one of Alaluz Capital hallmarks.
Only through open and direct communication can we make investors feel both informed and cared for at all times.

OBJECTIVE

The sustainable creation of value by fostering a relationship based on trust in sync with evolving needs.
This aim allows us to nurture long term relationships with investors who perceive us as a strategic partner rather than a mere service provider. Strongly believing that each investor has a unique profile, from the outset of our relationship we will assess their particular needs.

NEWS

Alaluz Capital will attend ALFI Private Equity & Real Estate Conference

On November 20th to 22nd, Alaluz Capital will be in Luxembourg, in an event deemed key for understanding the present and future of alternative investments.

Services

FUNDS

Alaluz Capital’s management vehicle in Luxembourg (ALX SICAV-SIF) invests in a vast range of financial assets, offering bespoke solutions to meet each client’s needs in an environment of utmost transparency and legal certainty.

In order to provide our services, we count on the Pictet Group, a private bank specialized in independent asset and wealth management, that provides administration and depository services and external AIFM.

ALX SICAV-SIF offers the opportunity to invest in stocks, fixed income, alternative investments and emerging markets through a global approach within its different sub funds:

ALX Fund of Funds

Structured as a Master-Feeder, where a minimum of 85% is invested in ALX Fixed Income, ALX Equity and Alternative Investments sub funds, achieving an optimum diversification of the client’s investment while simplifying the tracking of the positions.

ISIN: LU1506632378.

ALX Fixed Income 

The fund invests globally in fixed income assets, with no rating restrictions, targeting capital preservation and appreciation in real terms in the long run.

ISIN: LU1506632618.

ALX Alternative Investments 

By investing globally in diverse types of assets and markets, it seeks to achieve long term returns through risk diversification, selecting at each moment the most suitable investment strategy.​

ISIN: LU1506631644.

ALX Equity 

The fund seeks appreciation of long term positions by investing in a well-diversified stock basket by country and sector in order to seize market opportunities. It actively combines bottom up stock selection with a top down asset allocation approach, along with a practice of risk diversification.

ISIN: LU1506631990.

    ALX ALTERNATE INVESTMENTS FUND

    ALX EQUITY FUND

    ALX FIXED INCOME FUND

    The fund invests globally in fixed income assets, with no rating restrictions, targeting capital preservation and appreciation in real terms in the long run.

    Read more

    ALX FUND OF FUNDS

 

Team

"Coming together is a beginning,
keeping together is progress,
working together is success."

Henry Ford

 
Enrique Mestre Nieto, CAIA
Partner
José Luis Martínez Caamaño, CFA
Partner
Jesús F. Solís Gundín
Partner

Frequently Asked Questions

What is Alaluz Capital?

Alaluz Capital is an independent fund management company (SGIIC), registered in the Comisión Nacional del Mercado de Valores (CNMV) which was founded by a group of professionals with wide experience in wealth management.

Who is in Alaluz Capital?

Alaluz Capital arose from the union of a group of professionals that decided to pool their vast experience in private bank areas, financial advisory and asset management in order to offer a top level wealth management service.

What is Alaluz Capital philosophy?

The sustainable creation of value by fostering a relationship based on trust in sync with evolving needs.

What is a SIF?

A SIF (Specialized Investment Fund) is an investment vehicle established in Luxembourg that allows investors access to a wider range of assets than a traditional UCITS fund. It is authorized and supervised by the CSSF, the ultimate regulatory authority in Luxembourg.

What funds does Alaluz Capital manage?

Alaluz Capital provides ALX SICAV-SIF, a vehicle that offers investment in equities, fixed income, alternative investments and emerging markets globally through its different compartments:

- ALX Fund of Funds (ISIN: LU1506632378)
- ALX Equity (ISIN: LU1506631990)
- ALX Fixed Income (ISIN: LU1506632618)
- ALX Alternative Investment (ISIN: LU1506631644)

What is the NAV and how is it calculated?

The NAV (“Net Asset Value”) is the unit price of each share in an open fund. It is calculated with the periodicity determined in each product investment policy, as the value of the fund assets minus the value of its liabilities at the calculation date divided by the number of shares outstanding in the fund.

How are fees applied?

The fees accrue daily as the result of the determined fee multiplied by the net equity fund. Generally, payments will be made on a quarterly basis.

While NAV itself is stated net of commissions, Alaluz Capital commits itself to clearly disclosing all those incurred and to ensuring that costs borne by the investor are at the going rate.

What is the minimum initial and the additional subscriptions?

The minimum initial subscription is €125.000, with no limits for incremental amounts.

How can I subscribe to an Alaluz Capital fund?

Investors will be able to make subscriptions through Pictet Europe S.A.

Address: 15, avenue J.F. Kennedy L-1855 Luxembourg
Tel.: +352 46 71 71 7666
Email: fps_ta_register@pictet.com
Or through their bank.

How can I make a redemption to an Alaluz Capital fund?

Investors will be able to make redemptions through Pictet Europe S.A.

Address: 15, avenue J.F. Kennedy L-1855 Luxembourg
Tel.: +352 46 71 71 7666
Email: fps_ta_register@pictet.com
Or through their bank.

For whom are our products intended?

Our products target well-informed investors and institutional investors that seek customized solutions within a framework of total transparency and legal certainty as provided by Luxembourg.

What are the differences between direct and traditional private equity investing?

Traditional private equity investments are undertaken through collective funds or vehicles. Occassionally their managers may mismatch their assets and liabilties, they are generally granted full discretion and set high mínimum investment levels. Alaluz capital aims to offer clients direct access to remarkable assets. Our services seek to mitigate some of the drawbacks  of the traditional fund model while providing investors with an enhanced choice of assets.

How are private equity investments structured?

The investment process is quite straightforward:

- Initial stage: set-up of the optimal investment structure.
- Investments: investor funds are transferred into the private equity investing vehicle from which investments in the target companies are carried out.
- Two-fold return on investment: from dividends that might be paid by the structure and redemptions on investment maturity.
- Redemption: should they desire to do so; the investor can opt to wind down their investments and recover both their invested capital and the obtained returns.

Additionally, to enhance guarantees and prestige, the private equity funds will be reviewed by an independent custodian, and a renowned administrator and auditor. Simplified investment and tax reporting are added benefits of this structure. These additional layers of protection reassure investors. Direct private equity investments are unique by nature. Consequently, their structure, terms and time frame will vary from deal to deal.

 
 

Contact

Address

Alaluz Capital, SGIIC, SA
Plaza de la Independencia 2, 4º D
28001 Madrid, ESPAÑA

Email
contacto@alaluzcapital.com

Phone
+34 91 752 09 18