Business · Companies · 2 hrs ago
Lazard Spain chief creates private equity firm with his family
Pedro Pasquín, Lazard’s chief in Spain, has created an investment firm with family members called Bermeo Partners.
The company is registered with Spain’s securities regulator, the CNMV, and has initial capital of €1.21 million.
It plans to invest in unlisted companies and assets, mainly through other venture capital firms, with management assigned to Renta 4.
Spain had 1,501 private equity firms and funds at the end of 2025, twice the number three years earlier.
Wealthy investors are turning to the sector to diversify beyond listed shares and bonds, and some owners may qualify for tax benefits available to family businesses.
Pasquín’s personal wealth is not known.
The next step is for Bermeo Partners to make investments, though no specific deals are described.
Pedro Pasquín, Lazard’s managing partner in Spain, has created a private equity firm with members of his family.
The firm, Bermeo Partners, is registered with Spain’s National Securities Market Commission with initial capital of €1.21 million.
Its stated aim is to invest in unlisted companies and assets, mainly through other private equity firms.
Renta 4 has been appointed to manage the firm.
Spain had 1,501 private equity companies and funds at the end of 2025, twice the number recorded three years earlier.
- Who
- Pedro Pasquín, Lazard’s managing partner in Spain, and members of his family.
- What
- They created Bermeo Partners, a private equity firm.
- When
- Not stated
- Where
- Spain.
- Why
- The firm aims to invest in unlisted companies and assets, mainly through other private equity firms.
This story does not have two clearly opposing sides.
Lazard’s office in Spain opened, with Pasquín as its managing partner.
Spain had 1,501 private equity companies and funds registered, twice the number recorded three years earlier.
Pasquín and members of his family created Bermeo Partners, which was registered with Spain’s National Securities Market Commission.
- Firm
- Bermeo Partners
- Initial capital
- €1.21 million
- Manager
- Renta 4
- Investment focus
- Unlisted companies and assets
- Spain private equity entities and funds
- 1,501 at the end of 2025
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los administradores de la Sociedad no han incluido en la memoria de las cuentas anuales adjuntas a 31 de diciembre de 2025, tal y como se exige por el artículo 260 del Texto Refundido de la Ley de Sociedades de Capital, el importe de sueldos, dietas y remuneraciones devengadas en el ejercicio 2025, ni el importe de los créditos o anticipos concedidos u obligaciones en materia de pensiones y seguros de vida contraídas al cierre del ejercicio, en relación con los miembros actuales o anteriores del consejo de administración y de la alta dirección