GAWA Capital

Madrid-based GAWA Capital is an impact investing advisory firm that manages and advises funds providing equity and debt to social enterprises operating in developing countries. The firm oversees more than €204 million in managed and advised assets, directing private capital toward market-based solutions that address poverty across 16 nations. Its investment vehicles have reached approximately 458,000 beneficiaries while generating financial returns for limited partners, including a 6.34% annual internal rate of return on its inaugural fund. The organization has launched three proprietary funds, with its newest vehicle opening in February 2024, and advises third-party investment vehicles such as Magallanes Impacto FIL. The firm operates with a leadership team that includes Honorary Chairman Antonio Garrigues Walker and Principal Irene Vasquez. GAWA Capital was founded in 2009 by co-chief executive officers Agustín Vitórica and Luca Torre.