Business · Companies · 3 hrs ago
Besant Capital aims to grow assets to €3bn in five years
Besant Capital has appointed Álvaro del Castaño as co-CEO alongside founder Jerónimo Bremer.
The investment firm aims to increase its invested assets from €1bn to €3bn in five years.
Besant owns Madrid properties including Alcalá 44 and the building that houses the NH Collection Madrid Suecia hotel.
It invests in Spain and Mexico and is exploring expansion into other southern European markets, including Italy and Portugal.
The firm focuses on high-end hotels, including converting distinctive office buildings into ultra-luxury hotels while preserving housing supply.
It plans to attract more international wealthy families and investment funds, and Del Castaño brings more than 30 years of experience in financial markets.
Besant is finalising a new Madrid deal and is also considering two other properties.
Besant Capital aims to increase its invested assets from €1 billion to €3 billion within five years.
The investment platform has appointed former Goldman Sachs executive Álvaro del Castaño as co-CEO alongside founder Jerónimo Bremer.
Besant plans to expand its investor base to include more international wealthy families and investment funds.
The firm is considering new markets in southern Europe, with a focus on high-end hotels.
- Who
- Besant Capital, led by co-CEOs Jerónimo Bremer and Álvaro del Castaño.
- What
- The firm aims to grow its invested assets from €1 billion to €3 billion in five years.
- When
- The five-year target was reported on 20 October 2026.
- Where
- Besant is active in Spain and Mexico and is considering other southern European markets.
- Why
- It wants to accelerate its growth and expand into new geographic areas.
This story does not have two clearly opposing sides.
Jerónimo Bremer founded Besant Capital.
Besant Capital’s appointment of Álvaro del Castaño as co-CEO and its five-year growth target were reported.
- Current invested assets
- €1 billion
- Five-year target
- €3 billion in invested assets
- New co-CEO
- Álvaro del Castaño, formerly of Goldman Sachs
- Existing markets
- Spain and Mexico
- Investment focus
- High-end hotels in southern Europe
What people are saying
Luxury hotels resemble a convertible bond. They have the security provided by an underlying real estate asset and offer the growth potential of an operating business, allowing rate increases to be passed on with less sensitivity to interest rates