April 27, 2026
- This move enhances the firm’s execution capabilities and brings it closer to investors and the Spanish business environment, where Talde already has a strong presence.
- The firm is currently in a phase of growth and consolidation as a diversified alternative investment manager, following the full deployment of its Talde Capital Crecimiento II fund and the announcement of two new investment vehicles totalling €300 million.
Talde Gestión has appointed Ricardo Junco to lead its new Madrid office, reinforcing its strategy to expand and further consolidate its presence in the Spanish market.
The opening of the Madrid office represents a natural next step following a solid track record. “It will allow us to strengthen our operational capabilities and enhance our proximity to investors and the Spanish business environment, where we have built extensive experience through the funds we manage,” says Idoia Bengoa, Managing Partner of Talde Gestión.
Ricardo Junco brings over 20 years of professional experience and extensive expertise in private markets. He spent a significant part of his career at Oquendo Capital, where he served as Partner and Co-Head of Flex Capital / Junior Debt, and at Mercapital Private Equity, where he was a Principal. “Ricardo’s experience complements the strong track record of Talde’s team and will be key as we continue to advance our growth strategy. Our established presence in the Basque Country, together with the opening of our Madrid office, will be instrumental in this process,” adds Bengoa.
Growth and consolidation as an alternative asset manager
Talde Gestión is currently in a phase of growth and consolidation as a diversified alternative investment manager, with a focus on diversified investments across sectors and geographies, aimed at maximising value creation across its portfolio companies.
The firm is supported by a loyal base of longstanding investors, the backing of Kutxabank as an anchor investor, and growing interest from institutional investors, family offices and private investors in the funds it manages.
In mid-2025, Talde launched two new investment vehicles that will serve as the cornerstones of its activity over the next five years: Talde Capital Crecimiento III, FCR, a private equity fund with a target size of €200 million, aimed at supporting expansion and transformation projects for Spanish SMEs with significant international exposure; and Talde Deuda Alternativa II (FILPE), a private debt fund with a target size of €100 million, focused on providing flexible, long-term financing solutions to growth-oriented companies.
In January 2026, the firm completed the eighth and final investment of its Talde Capital Crecimiento II fund, and in September 2025 announced the first closing of its second private debt fund, Talde Deuda Alternativa II (FILPE), reaching commitments in excess of €79 million.
Celebrating its 50th anniversary this year, Talde will manage over €600 million following the launch of these new funds. The firm currently holds a portfolio of more than 23 companies and has built a strong track record of investing in high-growth businesses. To date, Talde has participated in more than 170 projects, supporting companies through different stages of consolidation and expansion across a wide range of sectors.