Team

Antonio Fernández
Antonio Fernández
Executive Chairman

Antonio is Partner and Executive Chairman of Ahorro Corporación Financiera, where he has held upper management positions since 1994.

He has originated and structured the majority of the Group’s M&A, DCM and ECM deals. In fact, he has worked on over 100 deals with a total value of approximately €10bn.

Antonio is a member of the Boards of Directors of Persan, Freisa, Cervezas Alhambra, Postres Montero, Famosa, AIAF, Naviera Elcano, Ahorro and Titulización and Consultores Administraciones Públicas, S.A.

Pedro Flames
Pedro Flames
ACF General Manager

Pedro joined ACF as CFO Managing Director in February 2018 and since April 2020 he is ACF General Manager. He worked for Credit Suisse for 13 years where he held senior positions involving different products (M&A, Corporate Finance, Capital Markets, Derivatives, Structured Finance), functions (sales, trading and asset structuring) and regions (Europe and Asia). His last position was Head of Energy in Asia.

Before he was hired by ACF, Pedro was the CFO and Member of the Board of an energy company listed in Asia and Deputy CEO and Member of the Board of several technological Companies, also in Asia.

Pedro has a double degree in Business Administration and Law from ICADE (E-3 program in Madrid) and speaks 5 languages.

Borja Fernández-Espejel
Borja Fernández Espejel
Managing Partner

Borja is Corporate Managing Director of ACF and joined the Group in order to head up Club Deal.

He has over 22 years of experience in investments (14 years in Private Equity) in both listed (€3.7bn) and non-listed (€2bn) companies in a wide range of sectors (Real Estate, Infrastructures, Renewable energy, Telecom, Retail, Consumer, Industrial, Services, etc.).

In addition, he is currently an Independent Director of MásMóvil, where he has attended numerous board meetings since 2004

Previously, Borja was the CFO of Vía Célere and Metrovacesa. Before that, he held management positions at Caser, Alantra, Ahorro Corporación, PwC and ACS.

Antonio Fernández
Antonio Fernández

Antonio is Partner and Executive Chairman of Ahorro Corporación Financiera, where he has held upper management positions since 1994.

He has originated and structured the majority of the Group’s M&A, DCM and ECM deals. In fact, he has worked on over 100 deals with a total value of approximately €10bn.

Antonio is a member of the Boards of Directors of Persan, Freisa, Cervezas Alhambra, Postres Montero, Famosa, AIAF, Naviera Elcano, Ahorro and Titulización and Consultores Administraciones Públicas, S.A.

Gonzalo Chocano
Gonzalo Chocano

Gonzalo is Non-executive Officer of ACF and a Partner of StormHarbour.

He has over 25 years of experience in Investment Banking, mainly in capital markets.

Gonzalo was Managing Director and Global Head of Futures and Derivatives Clearing at Bank of America Merrill Lynch in New York.

Previously, he was in charge of derivatives for North America and, prior to that, headed up the Southern European Fixed Income department at BAML.

Before joining BAML, Gonzalo was Vice President at Goldman Sachs, in charge of restructuring including coverage Strategies for the Group’s Iberian clients.

Roberto Centeno
Roberto Centeno

Atitlan Founding partner.

Goldman Sachs & Merrill Lynch: Investment Banking and Capital Markets (London, UK).

Graduated in Economics and Political Science from Brown University (RI, USA).

Luis Sanz
Luis Sanz

CFO in Atitlan. Part of the Atitlan team since 2010.

MBA Junior from EDEM and Universidad de Valencia (Spain).

Graduated in Telecommunications Engineering from Universidad Politécnica de Valencia (Spain).

Nuno Barroca
Nuno Filipe Vilela Barroca

He is Vice President of Corticeira Amorim, SGPS, SA and Board Member of Amorim Investimentos e Participações, SGPS, SA.

He is also Manager of Amorim Cork Ventures Lda., Director and Manager of OSI - Sistemas Informáticos e Electrotécnicos Lda., Honorary Consul of Norway no Porto and Board Member in many other companies.

Jaime García-Legaz
Jaime García-Legaz

He is also a member of the board of directors of DIA, S.A. and AENA Internacional, S.A ..

He is professor of International Economics at IE Business School and professor of Banking and Finance at CUNEF.

He was president and CEO of AENA, S.A. He has been president and CEO of CESCE, president of Informa Dun & Bradstreet and president of the Consejo Internacional de Aseguradores de Crédito.

He has been president of Icex, president of Invest in Spain and president of the CECO Foundation.

He was Secretary of State for Commerce. He represented Spain in the EU Council of Trade Ministers and in the G20 Council of Ministers.

Graduated in Economic and Business Sciences from CUNEF in 1991. Doctor in Economics from the Complutense University of Madrid. He is a commercial technician and State economist.

Tomás Murillo
Tomás Murillo

Registered Lawyer at the Ilustre Colegio de Abogados de Valencia.

He has advised transactions in the M&A, Private Equity, Project Finance, Real Estate and other sectors from different legal perspectives.

Almost 30 years of experience in the practice of law in commercial, tax and financial matters in various firms (Arino y Villar, Lawyers; VIALEGISDUTILH, Lawyers; J.OLLEROS, Lawyers; ERNST & YOUNG, Lawyers) until the practice for his own since February 2013.

Graduated in Law (1990) and in Economic and Business Sciences (1991) from the Universidad Pontificia de Comillas (ICADE E-3).

Javier Barrenechea
Javier Barrenechea
Co-Head Financing Group

Javier has been working in ACF since 2003 and has more than 20 years of experience in Project Finance (Infrastructure, PPPs, and Energy) covering origination, structuring and syndication. Previously, he worked at Dexia (Madrid) as deputy director of structured finance (with focus Public financing and PPPs), Banesto (Corporate Banking) and BBVA (Risk Analysis). He has a degree in Economics from the La Coruña University, an MBA from the IE and a Master in C&IB from the IEB

Yago Valderrama
Yago Valderrama
Financing Group - Head of Structured Finance & Debt Solutions

Yago has over 25 years experience in capital markets and has worked in New York, London and Madrid. He excels at developing client driven strategic solutions. He joined ACF from StormHarbour and worked previously at Société Générale as Head of Iberia Cross Asset Solutions. He spent 18 years at Lehman Brothers where he developed the Italian fixed income sales team and lead the distribution teams for Greece and Iberia. He is a senior advisor to the Chairman of Biodan and holds a BA degree from the UCM.

Antonio Fernández
Antonio Fernández
M&A Director

Antonio has 10 years of experience in Investment Banking, specialising in M&A and Capital Markets. He has participated in numerous deals in Europe and LATAM where he was a Business Director at the Panama Stock Exchange. Prior to joining ACF, Antonio worked for EY and Akerton Partners. Antonio has an MBA from the IE Business School (where he was on the Dean’s List) and also has a BBA and a BA in Economics from Saint Louis University (Missouri USA).

Pedro Soler
Pedro Soler
Managing Director CTO / Head of Electronic Trading

Pedro has over 20 years of experience in technology applied to financial markets and in Management of IT, Organisation and Post-Trading departments. He joined ACF in 1996 from the world of financial consulting, where he worked for EY. At ACF he is in charge of technological platforms and business development associated with them. He has an IT degree from UPM (Madrid Polytechnic University).

Manuel Bermudo
Manuel Bermudo
Head of Trading, Fixed Income

Manuel has more than 20 years of experience in financial markets and fixed income asset management. He begin his career at CM Capital Markets and has held various management positions at ACF. He currently trades for the Group’s proprietary account and manages a team focused on execution and trading of bonds, derivatives and inflation in various fixed income markets in Europe, the US and Asia, all in a multiplatform environment.

Luis Lopes
Luis F. Lopes
Financing Group Portugal

Luis manages Lisbon´s office. He is originating and structuring all kind of financial transactions in Portugal. He started in strategic consulting in Roland Berger based in Paris and Madrid. Since 2009 as Board Member for Portugal Ventures he has lead acquisitions and restructuring processes. He has a BA in Economics from NOVA and an MBA from INSEAD.

Federico Reixa
Federico Reixa
Financing Group - Director

Federico has joined ACF in 2020 after working in Banco Santander for five years as Senior VP executing transactions across sectors such as Renewables, Infrastructures, Water, Oil & Gas. Previously he worked as Senior Analyst at ACS Industrial Services for seven years structuring transactions in Capital Markets from Debt to Equity in different markets. He also worked for three years in Deloitte and Ferrovial as auditor and consultant. Federico has a degree in Business Administration from the Autónoma University of Madrid taking the last course at the London South Bank University, Diploma in Advanced Studies from the PhD in Finance, Autónoma University and the Complutense University; both located Madrid. He also has an Executive MBA from IESE, University of Navarra.

Emilio de la Guardia
Emilio de la Guardia
Financing Group - Vice President

Emilio joined ACF in from the infrastructure company, ACS Group, where he was an Associate in Project Finance. Previously, he worked within the Transactions Monitoring & Restructuring dept. at the European Investment Bank (Luxembourg) for Public Sector projects outside the EU and at Deloitte as an auditor where he began his career. He attended his college degree in University of Navarra and at HEC Lausanne. He has a Masters in Auditing from ICADE Comillas.

Eduardo Imedio
Eduardo Imedio
Analyst

Eduardo joined ACF´s Equity Research Department in 2019, He started as an analyst of Iberian Small & Mid Caps. In July 2020 he moved to the Financing Group department. Previously he worked in Tressis and Atl Capital. He studied Business and Administration and has a Master degree in Financial Markets from IEB.

Javier Borrero
Javier Borrero
Club Deal - Investment Director

Javier is Director of Investments and has more than 10 years of experience in Private Equity and M&A, as well as in listed companies and real estate. Previously, Javier has been VP on Arcano's investment banking team. He has also worked in M&A, ECM and DCM at Deutsche Bank, as well as N + 1 in the Private Equity Restructuring fund. He was also a consultant at Accenture. Additionally, Javier is the co-founder of a start-up which has received funding from prestigious organizations.

Alejandro Barranco
Alejandro Barranco
Investment Analyst

Alejandro is an Investment Analyst. He has a Degree in Business Administration and Management from ICADE. Before joining Ahorro Corporación, he worked at Renta 4, in the Equity Research and Corporate Finance departments.

Gonzalo Olmo
Gonzalo Olmo
Trading, Fixed Income

With over 10 years of experience with our Group, Gonzalo has held various positions in areas such as Fixed Income Sales and Corporate Strategy. In 2014 he joined the Trading Division, initially in Market Making of derivatives and fixed income products. Currently, he is involved in trading and execution in various bond and derivatives markets - in a multiplatform environment - and also trades for ACF's proprietary account.

Esteban García
Esteban García Nuñez
Electronic Trading

Esteban joined ACF 3 years ago from the corporate sector where he worked for Repsol. He currently carries out sales and trading, using Electronic Platforms, of Fixed Income and its derivatives for both the institutional and retail markets. He has Eurex, Send and CIF (Financial Information Certification) licenses.

Javier Gómez
Javier Gomez-Escolar Magro
Electronic Trading

For the past 15 years Javier has worked in the financial markets: shifting from working on equity derivatives desks to the fixed income electronic trading desk. He also engages in telephone sales, acting as a liaison between voice and electronic markets. To carry out these activities, he has Eurex and SEND trading licenses. CIF (Financial Information Certification).

Andrés Martino
Andrés Martino Fernández
Electronic Trading

Andrés is a Swiss citizen with a Spanish background and has 19 years of experience in financial markets. He has worked for several Spanish brokers. For the past 11 years he has worked for ACF where he is a multi-product trader, for both public and private fixed income, along the entire curve. He provides coverage of international clients. CIF (Financial Information Certification).

David Moscoso
David Moscoso
Electronic Trading

Coming from the asset management industry, on its first year at ACF, David has worked for the equity trading desk, supporting equity derivatives desk too. He has SIBE license for that. He is currently focused on Electronic Platforms, carrying out trading of equity and derivatives, taking part of a multidisciplinary desk.

Jorge Garrido
Jorge Garrido
VP - Credit Sales

Jorge joined ACF’s Credit Team in March 2018. He began his career in 2013 as an equities proprietary trader at Auriga Global Investors, changing over in 2016 to the position of Sales-Trader of High Yield/Special Situations and corporate debt restructuring. He has a Masters in Financial Markets and a Masters in Private Equity/Corporate Finance, both from IEB.

Veronika Garo
Veronika Garo
Credit Sales

Veronika joined the Credit Team in January 2020. Despite her youth, Veronika began her career in Private Banking at Banco Santander in 2015 and later focused on the institutional Fixed Income business and continued her career at the government board of BBVA. In addition, he has experience in Credit and more complex products such as convertibles, CoCo’s, derivatives ... that he was able to acquire during his period as Sales Trader at JB Capital Markets. Veronika studied the Master in Stock Market and Financial Markets in IEB business school.

Javier Domínguez
Javier Domínguez
Lead IT Business Analyst

Javier joined ACF in 2001 whilst still an engineering student at ICAI-ICADE and has more than 18 years of experience as an IT Business Analyst in the financial markets. He is currently in charge of business applications and connectivity of markets, platforms and clients. During his career he has managed and carried out projects including adaptation to the new Securities Registry, Clearing and Settlement System and technical implementation of MiFID regulations for financial markets.

Madrid
  • C/ Eucalipto, 25
  • Madrid 28016
  • Spain
  • See map
  • (+34) 91 586 9300
  • info@ahorro.com
Nueva York *
  • 452 Fifth Avenue, 29th Floor
  • New York, NY 10018
  • USA
Londres *
  • 10 Old Burlington Street
  • London W1S 3AG
  • United Kingdom
Lisboa *
  • Escritorio De Representacao
  • Rua Joshua Benoliel n.º 6 – 6ºA
  • 1250-133 Lisboa - Portugal
Dubai *
  • Dubai International Financial Centre
  • The Gate, Level 15, Office 36
  • P.O. Box 121208, Dubai
  • UAE
* Offices of our strategic and commercial partner Stormharbour.