Nara Capital

Investment decisions are led by Partner and CEO Josep Magdalena, who brings a combined engineering and economics background along with prior roles at Suma Capital, Deloitte, and BearingPoint. Each vertical — Ventures, Health, and Sustainability — has a dedicated Partner: Pepe Quintero oversees venture fund-of-funds selection, Joan Mercadal and Daniel Oliver lead health and biotech investments, and Miguel Equizábal runs the sustainable infrastructure strategy.

Nara Ventures selects venture capital managers through a formal partnership with Plug and Play, the Silicon Valley-based investor whose early-stage portfolio includes PayPal, Dropbox, Rappi, and N26. This relationship gives Nara Capital institutional access to top-tier VC funds and co-investment opportunities that would otherwise be difficult to source from Barcelona.

No. Nara Capital is structured as a multi-strategy fund-of-funds and direct investment manager, not a single-family office. Its professionals manage capital across three distinct verticals — venture fund-of-funds, healthtech and biotech startups, and sustainable infrastructure — serving external investors rather than a single family's balance sheet.

Through its Ventures arm, Nara Capital invests in venture capital funds that cover early-stage, seed, and start-up companies. Its Health strategy targets disruptive biotech and healthtech startups, also at early stages. The Sustainability vertical takes a different approach, originating and developing new renewable energy projects from the ground up, which places it closer to real-asset development than traditional fund investing.

No. Nara Capital does not publish AUM or aggregate deployment figures on its website or in publicly available materials. The firm remains private about its capital base, consistent with many European multi-strategy managers that operate without external regulatory requirements to disclose.