Talde Launches Two New Investment Funds to Bolster SME Growth
Funding | Jun 25, 2025 | Talde Gestion SGEIC SA

Talde Gestion SGEIC SA, a prominent private equity management firm, conducted its Investor Day in Bilbao, where it announced the launch of two new funds aimed at investing in small and medium-sized enterprises (SMEs). This event highlighted the firm's commitment to fostering business growth within the SME ecosystem. Furthermore, the entry of Kutxabank as a majority shareholder in Talde marks a significant step towards strengthening its position in the alternative assets sector. The firm revealed its strategy of investing actively and closely in development projects, evidenced by recent portfolio additions such as Discarlux, Plymouth, and Siban, and successful exits from companies like P4Q and Cacesa. Talde's new funds, TALDE Capital Crecimiento III and TALDE Deuda Alternativa II, focus on business expansion and providing flexible long-term financing, respectively. Fernando del Hoyo of Kutxabank and Idoia Bengoa of Talde articulated the firm’s dedication to driving economic impact and supporting innovation across Spain.
Sectors
- Private Equity
- SME Investment
- Alternative Investment
Geography
- Spain – The article is centered in Spain, with Talde Gestion operating from Bilbao and focusing on investing in the Spanish SME ecosystem.
Industry
- Private Equity – The article discusses Talde Gestion's new investment funds and activities, which are central to the private equity sector.
- SME Investment – Talde's focus on supporting and growing small and medium-sized enterprises (SMEs) highlights their involvement in this specific industry.
- Alternative Investment – The strategic involvement of Kutxabank as a majority shareholder and the establishment of new funds underscore a strong focus on alternative investments.
Financials
- EUR 200 million – Target size for TALDE Capital Crecimiento III, a private equity fund.
- EUR 100 million – Target size for TALDE Deuda Alternativa II, a private debt fund.
- EUR 370 million – Total managed by TALDE across various investment vehicles.
Participants
Name | Role | Type | Description |
---|---|---|---|
Talde Gestion SGEIC SA | Investment Firm | Company | A private equity manager focusing on SME investments, based in Bilbao, Spain. |
Kutxabank | Majority Shareholder | Company | A major banking entity in Spain, now a majority shareholder in Talde Gestion. |
Fernando del Hoyo | Chairman of TALDE | Person | General Manager of Kutxabank Wholesale Banking and Chairman of TALDE. |
Idoia Bengoa | Managing Partner | Person | Managing Partner at TALDE. |
Discarlux | Portfolio Company | Company | A leading company in Spain specializing in premium beef cuts. |
Plymouth | Portfolio Company | Company | Manufacturer of insulating tapes for industrial and energy sectors. |
Siban | Portfolio Company | Company | Global leader in manufacturing rubber conveyor belts. |
P4Q | Former Portfolio Company | Company | Previously part of Talde's portfolio, successfully exited. |
Cacesa | Former Portfolio Company | Company | Another successful exit from Talde's portfolio. |
aming | Former Portfolio Company | Company | Successfully exited from Talde's portfolio. |