Ricari

Ricari operates as a corporation whose shareholders are a fixed consortium of La Rioja-based institutions: Agencia de Desarrollo Económico de La Rioja, Ibercaja, Iberdrola, Cámara Oficial de Comercio e Industria de La Rioja, Federación de Empresarios de La Rioja, and Grupo ILUNION. No individually named executives or investment committee members are publicly disclosed.

Ricari manages roughly €5 million, per its website. The firm does not describe its structure as a closed-end fund; it appears to operate as a permanent capital vehicle funded by its institutional shareholders, with no disclosed fundraising cycles or limited partner base.

The firm exclusively describes direct equity investments in companies across early stage, growth, recapitalization, and succession phases. There is no mention of fund-of-funds commitments or LP stakes in external funds.

Ricari explicitly states it is open to co-investing with other financial or industrial partners of national or international scope. The firm actively evaluates proposals through its Logroño office and does not restrict co-investors to the region.

Deal flow is sourced through the firm's deep institutional roots in La Rioja — its shareholders include the regional development agency, chamber of commerce, and the federation of entrepreneurs — as well as through inbound proposals submitted to its Logroño office. The firm's bilingual website reinforces its receptiveness to broader Spanish and international opportunities.