The Al Andalus fund was worth 10,5 million euro in its first financial closure, enabling three operations in 2015. At all times during its term, purchase and/or capital increase operations were pursued in order to obtain majority or minority stakes in small and medium businesses headquartered in Andalusia or active in the region; with an ambitious growth plan and a highly professionalized management team.
The target period of permanence is of 3 to 5 years, we are patient investors but we will consider opportunistic exits. The investment amount is between 0,75 and 3 million euro. Alter Capital counts with joint venture agreements with other potential financial investors who would act jointly with the fund to carry out operations, which require a higher investment amount, up to 5 million euro.