RIC Private Equity

Private Equity / Venture Capital (Canary Islands Capital-Risk)ric.capital

RIC Private Equity is a CNMV-authorized Spanish capital-risk company that operates the first collective investment vehicle for the Canary Islands Investment Reserve (RIC), issuing shares to local investors and deploying capital as participative loans to established Canary Islands tourism and affordable-housing projects.

Company typePrivate
Founded2019
HeadquartersLas Palmas de Gran Canaria, Spain
Headcount1–10
GTM typeB2B
OfferingServices

What RIC Private Equity does

RIC Private Equity Investment Partners S.C.R., S.A. is a self-managed Spanish capital-risk company (sociedad de capital-riesgo) registered with the CNMV (No. 295, October 25, 2019) and headquartered in Las Palmas de Gran Canaria. Its core function is to operate as the first collective investment vehicle dedicated to materializing the Canary Islands Investment Reserve (RIC), a regional tax incentive. The firm issues shares to Canary Island entrepreneurs and professionals holding unused RIC reserves, then deploys that capital as participative loans to established Canary Islands companies with solvent expansion plans; each project requires a binding 'declaración de idoneidad fiscal' from the Government of Canarias and a binding report from the AEAT. Founded in 2019 (succeeding the predecessor A&G Compañía, active 2003–2013), the firm operates with a lean team of approximately 8 employees supported by a 15-member board of prominent Canarian businessmen.

The firm's investment activity is concentrated in two verticals within the Canary Islands archipelago: tourism/hospitality (8 of 9 active projects) and, more recently, affordable protected housing through Orion Rental Socimi, the Canary Islands' first listed SOCIMI (constituted June 2023). Portfolio assets include hotel conversions and new builds operated under international brands such as AC Hotels by Marriott, MYND Hotels, Radisson Blu (Accor), and Sholeo Beach Lodges, as well as the Hinojeros III affordable housing project (315 dwellings in Granadilla de Abona, Tenerife). Aggregate committed capital across disclosed projects is approximately €53.7M.

RIC Private Equity monetizes its position through participative-loan interest income and equity returns on portfolio investments, supplemented by recurring returns from its Orion Rental Socimi affordable-housing exposure. Distribution is direct-to-investor via a private web portal and the board's network; there are no third-party distributors. The firm holds no public ticker, has no parent company, and received an INNOBONOS 2022 innovation grant to fund ERP and digitalization initiatives.

RIC Private Equity firmographics

Firmographics

Name: RIC Private Equity
Legal name: RIC Private Equity Investment Partners S.C.R., S.A.
Website: https://ric.capital
Company type: Private
Founded year: 2019
Operating status: Operating
Headcount range: 1–10 employees
Short description: RIC Private Equity is a CNMV-authorized Spanish capital-risk company that operates the first collective investment vehicle for the Canary Islands Investment Reserve (RIC), issuing shares to local investors and deploying capital as participative loans to established Canary Islands tourism and affordable-housing projects.
Ownership category
akta.pro rank

Where RIC Private Equity is headquartered

Location

Headquarters

HQ city: Las Palmas de Gran Canaria
HQ country: Spain
HQ region: Europe

Offices1 record

Markets served

RIC Private Equity business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

Participative loan interest and investment returns: RIC Private Equity generates returns through financing established Canary Island businesses via participative loans. The company raises capital by issuing shares to investors who wish to materialize their Canary Islands Investment Reserve (RIC), and then deploys this capital as financing to portfolio companies in exchange for interest payments and capital appreciation.
SOCIMI property investment returns: Through Orion Rental Socimi (first SOCIMI constituted in the Canary Islands), the company participates in affordable housing development for rental, generating returns from property appreciation and rental income in the protected housing segment.

Pricing tiers

Model	Billing	Price
Other	Multi-year contract	Individual investor commitment

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

RIC Private Equity product offering

Product offering

Core offering

RIC Private Equity is a self-managed capital-risk company that issues shares to Canary Islands investors seeking to materialize their Canary Islands Investment Reserve (RIC) tax benefit, and deploys the raised capital as participative loans to established Canary Islands businesses for expansion projects. The company's investment portfolio focuses on tourism and hospitality projects (hotel acquisitions, renovations, and rebranding) and affordable protected housing through the Orion Rental Socimi.

Product overview

RIC Private Equity is a self-managed capital risk investment company (sociedad de capital-riesgo autogestionada) registered with the CNMV that serves as a collective investment vehicle for the Canary Islands Investment Reserve (RIC). The company does not offer a software product; rather, it provides investment management services connecting Canary Islands taxpayers seeking to materialize their RIC tax benefits with established island businesses requiring expansion financing. The investment portfolio spans tourism/hospitality projects (hotel developments and renovations) and affordable housing (through the Orion Rental Socimi subsidiary), including properties under international brands such as AC Hotels by Marriott, MYND Hotels, Radisson Blu, and Sholeo, as well as the Orion Rental affordable housing initiative.

Differentiator

Problem solved

Functional benefit

Companies that use RIC Private Equity

Customer profile

Named customers6 records

Segments3 records

Ideal customer profiles2 records

RIC Private Equity technology and API

Technology

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

RIC Private Equity partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered core and flagship.

Canarian HospitalitycoreStrategic or Co-development Partner · 1 November 2021Hotel management company that operates several portfolio hotels under brands like MYND, Sholeo, and Radisson. Created by two experienced Spanish tourism executives with strategic and financial support from Grupo Acosta Matos. The company follows four pillars: innovation, differentiation, sustainability, and transformation.
Government of CanariascoreOthersGovernment entity that provides mandatory supervision and approval for all investment projects. Issues 'declaración de idoneidad fiscal' (fiscal suitability declaration) through a Decree for each project, with binding report from AEAT. Essential for RIC materialization.
AEAT (Agencia Estatal de Administración Tributaria)coreOthersSpanish Tax Agency that provides binding reports (informes vinculantes) required for fiscal suitability declarations by Government of Canarias. Essential for tax security of RIC materialization.
CNMV (Comisión Nacional del Mercado de Valores)coreOthersNational Securities Market Commission that authorizes, registers (No. 295), and supervises the capital-risk company. Monitors compliance with conduct rules, investor information obligations, organizational requirements, risk control, and internal audit.
Radisson Blu (Accor)flagshipChannel Partner/ Reseller/ DistributorInternational hotel brand under which portfolio hotels Radisson Blu Lanzarote and Radisson Tenerife operate. RIC Private Equity finances hotels that will be branded and operated under the Radisson brand. First Radisson properties in the respective islands.
AC Hotels by MarriottflagshipChannel Partner/ Reseller/ DistributorInternational hotel brand under which Hotel AC Tenerife operates. First AC hotel in Tenerife, managed under 'AC Hotels by Marriott' brand operated by ACHM Spain Management.
InterMoney Valora ConsultingcoreOthersIndependent external valuation agent that prepares net asset value (NAV) reports for RIC Private Equity on a quarterly basis, following the applicable regulations (Law 22/2014 and EU Delegated Regulation 231/2013).
AGM Canary Asset ManagementcoreImplementation/ SI/ Consulting PartnerAsset management company that manages Orion Rental Socimi, the first listed real estate investment company (SOCIMI) in the Canary Islands, focused on affordable protected housing for rent.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

RIC Private Equity competitors and assessment

Company assessment

Direct peers

MCH Private Equity: Spanish mid-market private equity firm managing buyout and growth funds. Comparable as a domestic PE manager executing participative/equity transactions in Spanish private companies.
Talde: Spanish private equity/venture capital group managing multiple regional PE funds. Comparable as a regional Spanish PE manager connecting investors with private Spanish growth opportunities.
Artá Capital: Spanish sociedad de capital-riesgo (SCR) with regional investment focus. Highly comparable as a similarly structured Spanish venture capital / capital-risk company channeling private investor capital into Spanish private companies.
Diana Capital: Spanish independent PE firm operating diversified PE and credit strategies. Comparable as a domestic mid-market private capital provider.
Clave Mayor: Spanish private equity firm focused on mid-cap Spanish companies. Comparable as a regionally focused PE manager deploying capital into expansion-stage Spanish businesses.
MBO Ventures: Spanish private equity manager with diversified mid-market funds. Comparable as a domestic PE firm focused on participative investments in established Spanish companies.
Arcano Partners: Spanish alternative asset manager with credit, private equity, and multi-family office operations. Directly comparable because it channels institutional and private capital into Spanish private credit and PE strategies, overlapping with RIC Private Equity's participative-loan / PE structure.

Broad incumbents

Alantra: Independent financial advisory and asset management firm with significant Spanish PE and credit fund activity. Comparable as a broader incumbent operating in adjacent asset-management categories across Iberia.

Others

CNMV: Spain's National Securities Market Commission. Not a peer but the principal regulator authorizing and supervising RIC Private Equity under registration No. 295, included for ecosystem context.

Emerging players

Suma Capital: Spanish impact and infrastructure private equity manager. Comparable in deploying pooled private capital into Spanish private-market assets under a regulated framework.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

RIC Private Equity financial estimates

Financial estimate

Revenue estimate

Valuation estimate

RIC Private Equity leadership team

Management profile

Number of profiles

RIC Private Equity funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

RIC Private Equity M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RIC Private Equity

What does RIC Private Equity do?

Is RIC Private Equity a public or private company?

RIC Private Equity is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was RIC Private Equity founded?

RIC Private Equity was founded in 2019. It employs 1 to 10 people.

Where is RIC Private Equity based?

RIC Private Equity is headquartered in Las Palmas de Gran Canaria, Spain, in the Europe region.

How does RIC Private Equity make money?

Two revenue lines are on record. Participative loan interest and investment returns are the primary driver. The others are SOCIMI property investment returns.

Who are RIC Private Equity's main competitors?

Direct peers on record are MCH Private Equity, Talde, Artá Capital, Diana Capital, Clave Mayor, MBO Ventures and Arcano Partners. Alantra is listed as a broad incumbent. CNMV is listed as an others. Suma Capital is listed as an emerging player.

Does RIC Private Equity have an API?

No public API is recorded for RIC Private Equity.