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Nazca incorporates Hilario Albarracín as a member of the Advisory Board

Nazca incorporates Hilario Albarracín as a member of the Advisory Board

  • The incorporation of Hilario Albarracín to NAZCA‘s Industrial Advisory Board includes his adhesion to NAZCA‘s ESG Committee, which reinforces the firm’s strategic commitment to this practice.
  • The ESG Committee was founded in 2016, has 6 members and its mission is to define the strategic plans of the management company and portfolio entities in the short, medium and long term and links part of the investment team’s salary to the success of ESG initiatives.
  • NAZCA‘s Advisory Board is made up of ten executives with experience in a wide range of sectors: technology, business services, consumer, agribusiness, IT, digital, retail, industry, etc.

 

Madrid, 18 November 2021.- NAZCA CAPITAL, a Spanish private equity firm focused on investing in the Spanish mid-market, has incorporated Hilario Albarracín as a member of its

Industrial Advisory Board and ESG Committee.

Hilario Albarracín has developed his professional career at KPMG where he has served as Chairman in Spain since 2016. With 30 years of experience in the firm, he has led audit projects for listed corporations and business groups, financial due diligence in national and international transactions and has led operations for a large number of clients, in addition to having first-hand knowledge of the major management trends and business challenges in the international arena for having been part of the Global Board and EMA of the consulting firm.

NAZCA launched its ESG Committee in 2016 and in these five years the resources dedicated by the management company to the promotion of its ESG policy have increased exponentially. The incorporation of Hilario Albarracín to NAZCA’s ESG Committee reinforces the firm’s strategic commitment to this practice. The Committee is made up of 6 Nazca executives, 5 partners and Catalina Chalbaud, Head of the Legal Area, as the visible head.

On the other hand, since 2016 NAZCA has also had an Industrial Advisory Board chaired by Miguel Canalejo and made up of ten executives from different business environments. The incorporation of Hilario Albarracín to NAZCA’s Advisory Board will provide support in the analysis, execution and monitoring of NAZCA’s portfolio companies, as well as strategic assistance in the development of the firm.

“I am very happy to join two very important bodies for Nazca: its ESG Committee and its Advisory Board. I will put all my experience accumulated over so many years in the world of consulting and auditing at the service of the Nazca team, as well as the teams of the portfolio companies” said Hilario Albarracín “Nazca is a benchmark firm in the sector and I am particularly attracted by its investment philosophy and how they work to implement their ambitious growth projects together with the management teams and partners. To this end, they are very aware of ESG criteria, conscious of the privileged position that the private equity sector occupies in the process of change in society, which is perceived in the same way by investors”, he added.

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