As reported by the Spanish newspaper, Expansión, the independent advisory company, Arcano, has just recently appointed José Luis del Río as the new CEO of its asset management division, Arcano Asset Management.
Del Rio shall head the creation, development, and management of investment products for institutional clients in collaboration with Ignacio Sarria, Manuel Mendivil, Pedro Hamparzoumian and Yuliya Kaspler, all partners in this division of Arcano, one of the largest Spanish venture capital management companies, with more than 2,500 million Euros of assets under management and advisory.
During 2011 and 2012, Del Rio was CEO for online supermarket Tudespensa.com, and was responsible for its commissioning and launch.
He was a founding partner of N+1 in 2001 and a managing partner since then until 2011. As the partner in charge of the management activities of Group N +1, he has been president and CEO of N+1 Wealth Advisory, N+1 Asset Management and of Apeiron Gestión Alternativa. Additionally, he has been partner in charge of Capital Markets, FIG and of the Strategic Clients Division.
Previously, he had worked for two years at UBS as director of its Entrepreneurs Division.
Between 1990 and 1999 he worked in the Investment Banking department of AB Asesores, where he was Director of Mergers and Acquisitions and of the Capital Markets department. Once AB Asesores was acquired by Morgan Stanley, he was director of ECM. Del Rio has a degree in Business Administration and Law from ICADE (E-3).
Arcano has offices in Madrid, Barcelona and New York, and three specialized areas: Investment Banking, Asset Management and Multifamily Office. It has a team comprised by a staff of over 70 professionals.