Asset Manager

Updated:

Explorer Investments

Explorer is Portugal’s leading independent alternatives fund manager. For more than 20 years it has transformed assets and supported teams across buyouts,...

Explorer Investments logo

Explorer Investments

Explorer is Portugal’s leading independent alternatives fund manager. For more than 20 years it has transformed assets and supported teams across buyouts, growth, and hospitality. It is Portugal’s longest established and largest independent alternatives fund manager and provides capital and support to unlock potential and deliver results.

General information

Firm type

Generalist

Year founded

2003

AUM

€1.8B+ (per Explorer Investments, firm website)

Location

Region

Europe

Country

Portugal

City

Lisboa

Corporate office

Largo Jean Monnet, nº 1 - 8º 1269-068 Lisboa, Portugal

Principals

Elizabeth Rothfield

Founding Partner, CEO

José Tiago Silva

Partner, Hospitality

Pedro Coutinho

Partner, Buyouts

Tiago Gonçalves

Partner, Buyouts

António Rocha e Silva

Partner, Growth

Rodrigo Guimarães

Executive Director

Catarina Correia da Silva

COO

Sector focus

Healthcare ServicesIndustrial TechConsumerReal EstateFitness & Wellness

Frequently asked questions

Who runs investment decisions at Explorer Investments?

CEO and Founding Partner Elizabeth Rothfield leads the firm alongside three vertical heads: Pedro Coutinho and Tiago Gonçalves for buyouts, António Rocha e Silva for growth, and José Tiago Silva for hospitality. Each partner runs origination and underwriting within their strategy, with Rothfield overseeing firm-level allocation and strategy.

Does Explorer participate in fund commitments or only direct deals?

Explorer structures its own funds and invests directly in portfolio companies rather than allocating to external managers. The firm operates as a general partner for each of its three strategies, raising capital for its own buyout, growth, and hospitality vehicles.

Which sectors does Explorer explicitly avoid?

The firm does not publish a formal exclusion list. Its portfolio reveals concentration in industrial, healthcare, consumer brands, and hospitality. Sectors absent from disclosed holdings include pure-play technology, financial services, and energy.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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