
Incus Capital is a European mid-market private capital firm headquartered in Madrid. Founded in 2012, the company advises and invests across Spain, Portugal, Italy, France, and Germany. Its strategies span private equity and private debt, typically targeting transactions between twenty and one hundred million euros.
The firm’s approach is defined by deep local presence and relationship-driven origination, supported by rigorous analysis and flexible structuring capabilities. Incus Capital invests in complex real asset situations, working directly with management teams and business owners to provide financing that supports growth, transformation, or stabilization.
Since its inception, the company has completed more than 120 transactions, demonstrating its ability to navigate diverse market conditions while maintaining consistent risk management standards. Its Luxembourg platform serves as the central hub for fund governance, coordination, and reporting, ensuring operational consistency and transparency for investors.