Multi-Family Office

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EFE & ENE

Founded in 2003 by Alejandro Martínez Fuster and José María de Hevia, EFE & ENE opened in Valencia as a response to the fragmented wealth-management...

EFE & ENE

Founded in 2003 by Alejandro Martínez Fuster and José María de Hevia, EFE & ENE opened in Valencia as a response to the fragmented wealth-management options available to Spanish business owners. The firm organizes itself as a multi-family office, offering investment management, corporate strategy, legal support, real-estate consulting, and tax optimization to clients who want their global assets managed under a single, disciplined framework. The portfolio spans private equity, private credit, real estate, hedge funds, infrastructure, and natural resources, with a geographic footprint concentrated in Europe. The firm pursues direct co-investments and SPVs alongside fund commitments, as reflected in vehicles like Gestión Boutique III Efe & Ene Momentum FI. A dedicated residential-property line, Hola Stays Portfolio, operates as a direct real-asset exposure in Valencia. Business-development strategy sits with Pablo Cotino, while Luis Tarabini-Castellani directs corporate finance — a structure that builds institutional capabilities inside a family-office wrapper. The firm maintains a professional-network affiliation with the European Financial Planning Association (EFPA), where Martínez holds the certified European Financial Advisor (EFA) designation. EFE & ENE departs from the gathering-assets model of a traditional wealth manager by housing investment, legal, tax, and real-estate advisory under one roof — a general-contractor architecture that lets clients coordinate global patrimony decisions through a single Valencia-based team.

General information

Firm type

Multi Family Office

Year founded

2003

AUM

Undisclosed

Location

Region

Europe

Country

Spain

City

Valencia

Corporate office

Valencia, Spain

Principals

Alejandro Martínez Fuster

Founding Partner and Chief Investment Officer

José María de Hevia

Founding Partner

Pablo Cotino

Director of Business Development

Luis Tarabini-Castellani

Director of Corporate Finance

Sector focus

Real EstatePrivate EquityPrivate CreditHedge FundsInfrastructureNatural Resources

Frequently asked questions

Who runs investment decisions at EFE & ENE?

Founding Partner Alejandro Martínez Fuster acts as Chief Investment Officer, setting the investment strategy and overseeing portfolio construction. The firm combines his CIO function with corporate-finance oversight from Director Luis Tarabini-Castellani, creating a two-layer governance model for direct and fund investments.

How does EFE & ENE source proprietary deal flow?

The firm's sourcing leans on the professional networks of its four named principals, particularly the corporate-finance relationships managed by Luis Tarabini-Castellani and the business-development pipeline led by Pablo Cotino. Because the office also provides legal and tax advisory to Spanish business owners, client transactions often surface proprietary co-investment and direct-deal opportunities.

Is EFE & ENE a single-family office or does it manage external capital?

EFE & ENE is structured as a multi-family office, serving several high-net-worth individuals, families, and businesses rather than a single patriarch or matriarch. It is not a regulated asset manager gathering third-party institutional capital; capital is provided by the client families it advises.

Does EFE & ENE participate in fund commitments or only direct deals?

The firm operates a hybrid model. It commits to external funds — evident in vehicles like Gestión Boutique III Efe & Ene Momentum FI — and also pursues direct co-investments and SPVs, particularly in real estate and private equity. The Hola Stays Portfolio represents a wholly owned residential-property exposure in Valencia.

What is Hola Stays Portfolio and how does it fit into EFE & ENE's strategy?

Hola Stays Portfolio is a residential real-estate portfolio held as a direct asset in Valencia. It exemplifies the firm's approach to real-asset exposure: property that generates operating income while remaining directly controlled by the office, bypassing third-party fund structures for a portion of client real-estate allocation.

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