Hispania Capital Partners (HCP) announced the launch of the first private equity fund focusing on the U.S. Hispanic market. With up to $70 million under management, HCP, an SBIC licensed by the U.S. Small Business Administration, will identify investment opportunities among Hispanic-owned companies, as well as those providing goods and services to Latinos, one of the fastest growing sectors in the nation. The announcement was made by, Victor L. Maruri and Carlos L. Signoret, founding principals of HCP.
Hispania Capital's mission is to generate optimum returns for investors by capitalizing on the unique investment opportunities presented by companies serving the growing U. S. Hispanic sector, a strategy supported by powerful long-term demographic and socio-economic trends.
HCP's vision is shared by some of the most respected names in American business, its investors: Verizon Communications, Bank One, MBNA, Wells Fargo, Webster Bank, La Salle Bank, Citigroup, Key Bank, JP Morgan Chase, as well as a number of individuals, including the principals. HCP is further strengthened by valuable infrastructure support and technical assistance from joint venture partner Duff & Phelps, a nationally recognized leader in advisory services to family-owned
companies, since 1932. From inception, the United States Hispanic Chamber of Commerce in Washington, D.C., has served as an important sponsor of the fund. It will continue to connect HCP to more than one million Hispanic-owned companies in the U.S. through its membership network of 200 regional chambers, throughout the country.
"Underpinned by strong and sustainable demographic characteristics, the U.S. Hispanic market contains attractive investment opportunities. Hispania Capital Partners is specifically positioned to identify and invest in these opportunities while providing a valuable service to our communities." Victor L. Maruri
"We are looking to form partnerships with management of established companies providing growth capital and financial support that will enable these companies to accelerate their growth and build critical mass in this dynamic and competitive market." Carlos L. Signoret