Private Equity

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Iberia Industry Capital Group

Iberia Industry Capital Group (IIC) is an experienced industrial holding firm focused on acquiring businesses in special situations, such as distressed...

Iberia Industry Capital Group logo

Iberia Industry Capital Group

Iberia Industry Capital Group (IIC) is an experienced industrial holding firm focused on acquiring businesses in special situations, such as distressed companies, corporate divestitures and complex carve outs. It acquires manufacturers and service providers in special situations and transforms them into long-term sector leaders. Its core competency is supporting and instilling an entrepreneurial spirit into portfolio companies and driving them to exceptional performance. Targets are generally traditional production and service companies with marginal EBITDA or loss-making performance where levers to transform the business can be identified.

General information

Firm type

Private Equity

Year founded

2012

Location

Region

Europe

Country

Luxembourg

City

Luxembourg

Corporate office

Luxembourg, Luxembourg

Principals

Jeff Fenyo

Director

Tobias Hofmann

Director

Jan Pyttel

Director

Michel L. Leitz

Director

Anne Decker

Director

Axel Folchert

Associate Partner & CRO Spain

Kerry Lynch

Managing Director

Jonathan Kuschke

Transformation Executive

Sector focus

Industrial TechMobility & TransportationReal EstateEnergy Transition & Renewables

Frequently asked questions

What is Iberia Industry Capital Group's core investment strategy?

The firm targets mid-market industrial companies in Spain, Portugal, and Southern Europe through control buyouts, corporate divestitures, restructurings, and succession-driven transactions. Its mandate covers manufacturing, mobility, industrial services, and specialized infrastructure. The strategy requires operational turnaround capability in addition to standard private equity value-creation tools, making it distinct from generalist mid-market funds in the region.

Why is Iberia Industry Capital Group domiciled in Luxembourg rather than Spain or Portugal?

Luxembourg provides a regulated fund domicile with established vehicles such as SICARs and RAIFs that are widely accepted by European institutional investors. For a manager targeting Southern European industrials, this structure enables capital raising from pension funds, insurers, and family offices across the EU without requiring investors to navigate local Iberian fund regimes. It also signals a commitment to AIFMD compliance and institutional-grade governance.

Does Iberia Industry Capital Group disclose its portfolio companies?

No. The firm does not publicly list portfolio companies, investment track record, or transaction history on its website or through regulatory filings that are readily accessible. This opacity is not unusual for small special-situations managers, but it limits an allocator's ability to independently verify deal volume, sector concentration, or realized returns without direct engagement.

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