Borja Lahore Expands Tresmares Capital’s Fund Financing
People | Mar 05, 2025 | Finance Community ES 3 - Private Bankin

Borja Lahore has joined Tresmares Capital as the new partner responsible for fund financing. With over 20 years of experience in the financial sector, Lahore's expertise in structured finance and fund acquisition is expected to significantly strengthen Tresmares Capital’s presence in the European market. Lahore was previously involved with Oldenburgische Landesbank AG, a portfolio company of Apollo, and has served in important roles at Mizuho, ING Bank, Royal Bank of Scotland, and began his career at Grupo Santander. His appointment comes at a strategic time as Tresmares Capital has been recently acquired by Banco Santander, which now holds a 90% stake. This acquisition aims to enhance Tresmares’ capabilities in providing financial innovations to Spanish SMEs as it integrates into Santander Asset Management's alternative investments division.
Sectors
- Private Equity and Venture Capital
- Financial Services
Geography
- Europe – Borja Lahore's role involves serving pan-European clients and strengthening Tresmares Capital’s presence in the European market.
- Spain – Tresmares Capital and Banco Santander are based in Spain. The acquisition aims to provide financial solutions to Spanish SMEs.
Industry
- Private Equity and Venture Capital – Tresmares Capital operates within this sector, engaging in fund financing and serving the private equity landscape.
- Financial Services – The article discusses various financial institutions, including Oldenburgische Landesbank AG and Santander, focusing on structured finance and fund financing.
Financials
- 90% – The stake acquired by Banco Santander in Tresmares Capital.
Participants
Name | Role | Type | Description |
---|---|---|---|
Borja Lahore | New Partner responsible for fund financing | People | Experienced finance professional with roles in structured finance across various institutions. |
Tresmares Capital | Company acquiring new partner | Company | A financial institution focused on fund financing and recently largely acquired by Banco Santander. |
Banco Santander | Acquiring Company | Company | A Spanish multinational financial services corporation, which acquired a majority stake in Tresmares Capital. |
Oldenburgische Landesbank AG (OLB) | Former employer of Borja Lahore | Company | A bank that is a portfolio company of Apollo, previously employing Lahore in fund and leveraged finance. |
Santander Asset Management | Company integrating Tresmares Capital | Company | A division of Banco Santander focusing on alternative investments. |