LIFT Asset Management

What LIFT Asset Management does

LIFT Asset Management is an independent, partner-owned financial advisory and asset management firm headquartered in Madrid, Spain, providing investment solutions to family offices, institutional investors, and high-net-worth individuals. The firm is structured around three core business lines: (1) Wealth Advisors — discretionary and advisory wealth management, financial planning, and family office services distributed through a dedicated professional team and a broad Spanish banking platform network; (2) Private Equity — comprising fund-of-funds vehicles (LIFT Heritage PE, LIFT Heritage PE II, LIFT Spini Feroni, and the Renta 4-advised Renta 4 Private Equity Selección I) plus a direct investment vehicle (LIFT Professional Services SCR) targeting the Spanish lower mid-market professional services sector; and (3) Real Assets — managed through the Almagro Capital sub-brand, which operates three SOCIMI vehicles focused on reverse mortgage (vivienda inversa) residential investments (Inversa Prime, AC Residencial, and AC Residencial III) plus Smart Kitchens Properties SOCIMI for food-delivery dark kitchens. The product suite is completed by the LIFT Income Fund, a Luxembourg-domiciled mixed defensive UCITS distributed via Spanish banks, and the FP5 Prudent PP pension plan. Reported AUM stands at over €330 million as of February 2024, with the firm analyzing more than 150 investment opportunities per year in the direct private equity vertical. LIFT AM is exclusively owned by its executive partners and operates affiliated entities including LIFT Investment Advisors EAFI S.L. (CNMV-regulated advisory) and Almagro Capital Gestión SL (real estate and SOCIMI management).

The firm's revenue model is built on recurring management and advisory fees on assets under management across multiple investment strategies — fixed management fees (e.g., 1.25% annually on LIFT Income Fund), SOCIMI management fees, and advisory fees on strategic mandates — supplemented by performance-related fees on closed-end vehicles such as the €40M Professional Services SCR (3.5x MOIC target over 10 years) and the LIFT Heritage PE (20% IRR / 2.3x MOIC target). Distribution combines a direct sales force targeting family offices and institutional clients with channel partnerships (Renta 4, Inveready, Heritage), bank shelf distribution (Bankinter, Santander, Sabadell, Caixabank, Andbank, Singular Bank, Inversis, Tressis, Allfunds, Openbank, Banca Pueyo), and public market listings of SOCIMIs on BME Growth and Portfolio Stock Exchange. The senior team is drawn from Investindustrial, Permira, Demeter Partners, Deutsche Bank Private Banking, KPMG, PwC, BDO, Abante Asesores, and Santander Private Banking, with multiple partners holding 20+ years of relevant experience. In April 2026 the firm announced its decision to constitute as a formal venture capital management company, formalizing its regulated manager status.

Name

LIFT Asset Management

Legal name

LIFT ASSET MANAGEMENT SL

Website

https://lift-am.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

LIFT Asset Management is an independent, partner-owned financial advisory and asset management firm in Madrid, Spain, offering wealth advisory, private equity funds, and SOCIMI real estate vehicles to family offices and institutional investors across more than €330M in assets.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910), Other Financial Vehicles (525990)

SIC

Investment Advice (6282), Real Estate Investment Trusts (6798)

akta.pro primary industry

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

akta.pro secondary industry

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK)

Keywords

• Wealth management services
• Private equity funds
• Family office advisory
• Asset management
• Real estate investment

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Asset Management & Advisory Fees: Revenue generated from management and advisory fees on assets under management and advisement across multiple investment strategies including private equity funds, real assets (SOCIMIs), investment funds, and wealth advisory services.
2. Private Equity Fund Management: Management of capital risk vehicles (SCR/FCR) including LIFT Professional Services SCR targeting professional services companies, with net return target of 3.5x invested capital over 10-year horizon.
3. SOCIMI Management (Almagro Capital): Management fees from SOCIMI vehicles specializing in reverse mortgage investments (Inversa Prime, AC Residencial, Almagro Capital III), managing residential real estate assets for institutional and family office investors.
4. Strategic Advisory Services: Advisory fees from strategic partnerships such as advisory relationship with Renta 4 for fund-of-funds products targeting European and US private equity vehicles.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

LIFT Asset Management is an independent financial advisory and asset management firm that provides investment solutions to Family Offices and institutional investors across multiple strategies including private equity funds (fund-of-funds and direct), real assets through SOCIMIs (reverse mortgage and dark kitchens), mixed defensive investment funds, and comprehensive 360-degree wealth advisory services. The firm manages over €330 million in assets under management and advisement through its direct advisory team, banking distribution network, and SOCIMI listings.

Product overview

LIFT Asset Management is an independent financial advisory and asset management firm offering a diversified portfolio of investment products and services. The core offering spans multiple business lines: (1) Wealth Advisors - comprehensive advisory services for family offices and high-net-worth individuals covering financial advisory, wealth planning, and family office services; (2) Private Equity - including fund-of-funds products (LIFT Heritage PE, LIFT Spini Feroni SCR) and direct investment vehicles (LIFT Professional Services SCR); (3) Real Assets - through Almagro Capital sub-brand focused on reverse mortgage investments across multiple SOCIMIs (Inversa Prime, AC Residencial, AC Residencial III) and Smart Kitchens Properties SOCIMI for dark kitchen real estate; (4) Investment Funds - including the LIFT Income Fund (mixed defensive UCITS) and FP5 Prudent pension plan. The firm manages over €330 million in assets under management and advisement, targeting institutional investors, family offices, and affluent individual investors in Spain.

Differentiator

Problem solved

Functional benefit

Brands

• Almagro Capital: Leading real estate investment manager specializing in reverse mortgage investments, managing SOCIMIs including Inversa Prime and AC Residencial
• LIFT Heritage Private Equity
• LIFT Professional Services SCR
• LIFT Income Fund
• Smart Kitchens Properties SOCIMI
• LIFT Wealth

Products and services

• Wealth Advisors Comprehensive, professional and ongoing wealth advisory services for high-net-worth individuals and families, prioritizing individual client needs with financial advisory, wealth planning, family office services, estate planning, and asset protection. Independence from banking institutions and 360-degree advisory approach.
• LIFT Income Fund Global mixed defensive UCITS fund generating recurring income through diversified portfolio of bonds (70-75%) and equities (24-30%) globally. Available in accumulation and distribution classes with 1.25% annual management fee. Distributed through major Spanish banks and wealth managers.
• LIFT Heritage Private Equity FCRE European venture capital fund-of-funds under Private Equity Buy-Out strategy, providing Spanish investors exclusive access to approximately 20 private equity vehicles across Europe and USA. Target size €20 million with 20% IRR / 2.3x MOIC target return.
• LIFT Heritage PE II FCR Second vintage venture capital fund (FCR) with international fund-of-funds program under Private Equity Buy-Out strategy, highly diversified across exclusive-access funds for Spanish investors.
• LIFT Spini Feroni SCR Capital risk company (SCR) with €30 million target implementing international fund-of-funds program under Private Equity Buy-Out strategy for Spanish investors.
• LIFT Professional Services SCR Capital risk company (SCR) focused on direct investment in professional services companies (advisory, consulting, auditing, asset management, insurance brokerage, real estate services) in the Spanish lower mid-market. Expanded to €40 million capacity with 10-year horizon and 3.5x net MOIC target.
• Almagro Capital Leading asset manager specializing in reverse mortgage (vivienda inversa) investments in Spain, managing multiple SOCIMIs. Provides socially responsible investment solution for elderly homeowners and exposure to prime Spanish residential real estate for institutional and family office investors.
• Inversa Prime SOCIMI SOCIMI investing in prime residential segment in Spain for reverse mortgage investment. Listed on BME Growth exchange and managed by Almagro Capital (LIFT AM division).
• AC Residencial SOCIMI SOCIMI investing in prime residential properties in major Spanish capitals for reverse mortgage investment. Listed on Portfolio Stock Exchange and managed by Almagro Capital.
• Smart Kitchens Properties SOCIMI Leading real estate investment platform supporting expansion of food delivery operators, investing in dark kitchen/dark store properties for lease to delivery operators. First Spanish SOCIMI focused on ghost kitchens. Listed on Portfolio Stock Exchange at €1.45/share with €27M capital.
• Renta 4 Private Equity Selección I FCR Fund-of-funds advised by LIFT AM, investing in approximately 20 private equity vehicles across Europe and the United States. CNMV-approved with €10,000 minimum subscription democratizing private equity access, 10-year term extendable to 12 years, 18-month placement period.
• FP5 Prudent PP Pension plan primarily invested in bonds, monetary assets, and deposits, with secondary equity allocation. Conservative retirement vehicle distributed through Mutua Enginyers.

Quantifiable outcome

• LIFT Income Fund: 26.46% return since inception, 8.80% 12-month return, 3.62% 3-year return
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Renta 4coreChannel Partner/ Reseller/ Distributor · 6 April 2026Renta 4 launched a fund-of-funds (Renta 4 Private Equity Selección I, F.C.R.) with strategic advisory from LIFT AM. The fund invests in approximately 20 private equity vehicles across Europe and US with CNMV approval.
• HeritagecoreStrategic or Co-development Partner · 19 October 2023Strategic alliance with Heritage, a platform founded by major European Family Offices linked to luxury and fashion, allowing LIFT to expand its range of investment solutions and provide access to Heritage's network for Spanish investors.
• InvereadyminorStrategic or Co-development PartnerCoinvestment with Inveready in Alda Hoteles through convertible loan, enabling hotel chain's expansion strategy across Spanish geography.
• Inversa Prime SOCIMIcoreStrategic or Co-development PartnerSOCIMI managed by Almagro Capital (LIFT AM division) investing in prime residential segment. Listed on BME Growth market.
• AC ResidencialcoreStrategic or Co-development PartnerSOCIMI managed by Almagro Capital investing in major capital cities' prime residential market. Listed on Portfolio Stock Exchange.
• Smart Kitchens Properties SOCIMIcoreStrategic or Co-development PartnerFirst Spanish SOCIMI focused on ghost kitchens/dark kitchens for food delivery operators. IPO on Portfolio Stock Exchange at €1.45/share with €27M capital.
• PWCminorOthersPWC serves as external auditor for LIFT Income Fund.

Scale indicators11 records

Recent moves11 records

Expansion highlights7 records

Broad incumbents

• Mutuactivos: Asset management arm of Mutua Madrileña, one of Spain's largest insurance groups, managing diversified funds and pension products. Comparable in offering institutional and retail investment solutions; Ana Esparrago previously led the Diversification area at Mutua Madrileña.
• Deutsche Bank Wealth Management Iberia: Broad incumbent wealth manager with Iberian Peninsula operations, serving UHNW and family office clients with discretionary and advisory mandates. Comparable client segment; multiple LIFT partners (Diego Aparicio, Jorge Serrano) previously at Deutsche Bank IPB — making it both a talent source and a competitor.

Direct peers

• Singular Bank: Spanish independent private bank focused on wealth advisory and discretionary portfolio management for affluent and HNW clients. Direct competitor in the independent advisory segment, also distributing LIFT Income Fund.
• Renta 4: Spanish independent bank and asset manager specialized in wealth management and fund distribution. Direct partner/distributor for LIFT's PE FoF (Renta 4 Private Equity Selección I) and also a competitor in the Spanish family office advisory space with overlapping product offerings.
• AltamarCAM Partners: Spanish private equity fund-of-funds and primary fund manager with a similar multi-strategy model serving institutional and family office investors. Directly comparable on the PE FoF side, with overlapping investor base and target strategies. Claudia Espronceda (LIFT PE Operations) came from AltamarCAM.
• Andbank Wealth Management: Andorran private banking group with significant Spanish operations targeting HNW individuals and family offices with discretionary portfolio management and advisory services. Comparable independent (non-Spanish-bank) positioning targeting similar client segments.
• EDM Gestión: Independent Spanish asset manager founded by former Bestinver professionals offering equity, fixed income, and mixed funds via Spanish banking networks. Comparable independent fund management platform with similar distribution model through Spanish banks (also distributing the LIFT Income Fund).
• Abante Asesores: Independent Spanish wealth advisor and asset manager founded by ex-Bestinver executives, with similar multi-asset offering for family offices and HNW clients. Directly comparable as an independent, non-bank-affiliated platform targeting the same Spanish family office segment. Multiple LIFT partners (Jorge Posadas, Jorge Serrano) previously worked at Abante.
• Tressis Gestión: Independent Spanish wealth manager offering multi-asset portfolio management, advisory, and fund solutions to HNW clients and family offices. Comparable independent non-bank positioning; also a distribution channel for the LIFT Income Fund.

Emerging players

• Hiperion Capital: Spanish independent private equity firm investing in lower mid-market companies with a buy-and-build approach. Comparable on the direct PE side, particularly to LIFT Professional Services SCR's thesis of consolidating fragmented Spanish professional services. Francisco Soriano (LIFT) previously worked at Hiperion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LIFTAssetMgmt
• YouTubeyoutube.com/channel/UCRqPykXJ5joYoOw2h1uGymA
• LinkedInlinkedin.com/company/lift-asset-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about LIFT Asset Management