Baghdadi Capital, the family office founded by Spanish entrepreneur Baihas Baghdadi, has reached €2,000 million in assets under management, solidifying its complementary financing model as an alternative to traditional banking. This milestone strengthens the entity’s position, specializing in working capital, as stated in a press release.
The group, with a presence in Spain and the United States, is in the midst of expanding to other countries. Its growth has been organic since the creation of Trade & Working Capital in Spain in 2019 and the establishment of Higher Bridge Capital in New York in 2023.
Baihas Baghdadi, executive chairman, emphasized that “financing should not be a bureaucratic obstacle but a tool to empower companies.” In this regard, Baghdadi Capital distinguishes itself from traditional banking by offering tailored financing solutions that adapt to each client’s business cycles, supporting their growth.
Unlike merely providing capital, the group actively engages with the companies it invests in, collaborating on defining financing strategies and implementing customized solutions to optimize working capital. Its focus is on medium and large companies with international ambitions or sophisticated needs, particularly in sectors such as international trade, industry, and global supply chains.
The management team is led by Marisa Yepes, CEO and former KPMG partner; Ricardo Zion, vice president with experience at CaixaBank, Barclays, and Deutsche Bank; and Carlos Torrens, an expert in digital transformation and innovation with a background at Heineken, Oetiker, and Holcim. Additionally, Fernando Saavedra serves as CFO, Verónica Thavonat leads talent and organizational culture, and José Luis Segura is the COO.
Read the full story at: Forbes España
