Manuel Lao hires Juan Antonio Alcaraz to manage Nortia

The family office shall immediately appoint Alcaraz as CEO and representative of the holding company on the different boards of its portfolio.

Nortia enters a new phase with Alcaraz at the helm to strengthen the management of the holding company, the Foundation and the Family Council; adding value with his professional experience in the financial and business world.

Nortia is the second largest shareholder of Merlin Properties, with 8.2% of the capital of the socimi (Spanish Listed Corporations for Investing in the Real Estate Market) specialised in business real estate and leader in the IBEX35. It also has significant positions in infrastructure with a 3% share in Sacyr, as well as investments in sustainable infrastructure through Serena Industrial Partners and investments in renewable energies through the Q-Energy fund.

Nortia has recently made an investment by acquiring a 15% share in Arcano, a leading asset manager specialising in investment banking and alternative asset management. It also manages investments in the real estate area with a selective development activity, notably the Dunique project (Marbella) and in the hotel sector with the Pulitzer Group.

Together with the ICO Next Tech fund, Iberdrola and Seaya, Nortia Capital has launched Andromeda, the first major technology fund accelerate the energy transition and sustainability.

In other areas, through the McWin Food Ecosystem Fund, it has invested in sustainable foodtech projects in the food sector. Manuel Lao is in the top 50 of the ranking of Spain’s largest fortunes in the Forbes and El Mundo lists, and manages his wealth through the holding company Nortia.