# Boreal Capital Management

Boreal Capital Management is a Multi Family Office based in Zurich, Switzerland.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Zurich, Switzerland
- **Region:** Europe
- **Address:** Zurich, Zürich, Switzerland
- **Founded:** 2008
- **Assets under management:** 1840 (Altss estimate)
- **Website:** borealcm.com
- **LinkedIn:** https://www.linkedin.com/company/mora-wealth-management

## Regulatory record

- **Reports private funds:** No

## About

Boreal Capital Management was established in 2008. Its capital base originates from the Mora family’s ownership of MoraBanc in Andorra. The firm provides multi-custody advisory and reporting services to select families in the Americas and Europe. Deployment centers on fund-of-funds and hedge fund commitments. Geographic reach covers Europe and North America. Holdings include positions in Grayscale Bitcoin Mini Trust and iShares Ethereum Trust alongside commercial properties such as the Citigroup Center in Miami and Talstrasse 82 in Zurich. The firm reports 1,840 million USD under management. It operates Boreal Capital Management LLC in Miami and Boreal Capital Management AG in Zurich. Adjacent vehicles include Fundació Privada Nostra Senyora de Meritxell and the Private Tutelary Foundation of Andorra. Regulatory memberships through Boreal Capital Securities LLC provide FINRA and SIPC coverage. Supervisory oversight for the Zurich entity rests with AOOS in Switzerland.

## Sectors

- Hedge Funds
- Fund of Funds

## Offices

- Miami, FL, United States

## People

- Joaquín Francés — CEO of Boreal Capital Management LLC (Miami)
- Jaime Moreno — CEO of Boreal Capital Management AG (Zurich)
- Mercedes Mora — Executive Director of Casa Vicens

## Questions

### Who runs investment decisions at Boreal Capital Management?

Jaime Moreno serves as CEO of the Zurich entity and Joaquín Francés serves as CEO of the Miami entity. Both report to ownership held by the Mora family.

### How is Boreal Capital Management related to MoraBanc?

The firm’s capital originates from the Mora family’s ownership of MoraBanc, the Andorran bank. Mercedes Mora represents the family on the board and in related operating companies.

### Does Boreal Capital Management participate in fund commitments or only direct deals?

The firm allocates through fund-of-funds and hedge fund vehicles. It also holds direct real-asset positions such as Casa Vicens and the Citigroup Center Miami.

### What investment stages does Boreal Capital Management typically target?

Allocations focus on established hedge fund and fund-of-funds managers rather than early-stage venture.

## Related profiles

- [Mazabi Family Office](https://altss.com/profile/mazabi-family-office)
- [Awilhelmsen Capital](https://altss.com/profile/awilhelmsen-capital-anders-wilhelmsen-family-office)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/boreal-capital-management

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology