"Success can’t be measured solely in terms of financial return on investment. We are in the market to achieve our commitment of profitability with our investors but, beyond our financial targets, we are fully committed with our social responsibility"
Mediterranean Capital Management

Mediterranean Capital Management

“Mediterranean Capital investment activities focus on distressed loan and mortgage acquisitions and trading, bridge financing supply, asset/real estate management activities and debt management professional services.”
Mediterranean Capital Management

Mediterranean Capital Management

“We must communicate our investment strategies, risk assessment policies and decision making processes to our clients in a quick, transparent and easy-to-understand manner. If we communicate properly, we avoid misunderstandings and reduce potential conflicts of interests.”
Mediterranean Capital Management

Mediterranean Capital Management

“One of the various reasons why you invest with us is because we are able to provide you an ultra-personal and direct relationship with our management team. You feel comfortable investing with us and we feel comfortable investing with you.”
Mediterranean Capital Management

Mediterranean Capital Management

“We strongly believe that distressed debt trading markets are non-efficient markets in which application of knowledge advantage, time-to-market approach, excellence in product and services development, and superior professional networking leads to superior returns.”
Latest entries

Secured Distressed Debt Market Size in Spain as of August 31st 2013 – Other Resident Sectors

After two-years recession, non-performing loans across Spanish banks amounted to a record-high EUR180.94 billion ($247 billion) in August, breaking 12.12% of all outstanding loans (Boletín Estadístico, Octubre 2013). As expected Domestic Demand and GDP growth will continue almost flat in the coming quarters, consensus forecast indicate that the delinquency ratio will steadily increase in the...

Bloomberg.com: “Spanish Banks Selling Debt Servicers as Funds Circle”

For investors in distressed assets, a servicing business is key to recovering value, said Manel Guillen, chief executive officer of Mediterranean Capital Management, a Barcelona-based distressed mortgage fund, which manages 500 million euros of assets for undisclosed U.S. investors. “The servicing is a key part of our strategy and for that reason we do the...

Secured Distressed Debt Market Size in Spain as at June 30th 2012 – Other Resident Sectors

All data included in this document comes from official sources provided by Banco de España (BofE) and International Monetary Fund (IMF), and quoted in the following documents: Methodological Notes on the Financial Accounts of the Spanish Economy; BofE, Madrid, 2011 Monetary and Financial Statistics Manual, IMF, Washington D. C., 2000 Boletín Estadístico, Tercer Trimestre 2012;...

Is Catalan Secessionism a Real Risk for Spain? (Updated Dec. 4th, 2012)

Is Spain Going to Break Up as a State? At present this appears unlikely. But, as November, 25th result shows, pro-independence pressures are developing rapidly in Catalonia, the most powerful of Spain’s 17 autonomous regions. It is the most serious test of the decentralized Spanish system of government since the nation returned to democracy in...

Royal Decree-Law 27/2012, of 15 November, on urgent measures to strengthen protection to mortgagors

More than 350,000 homes have been foreclosed in Spain since the collapse of the real estate boom in 2007. Under Spanish Civil Code and Mortgage Law, people evicted from a foreclosed property are still fully liable for the amount of their remaining mortgage loan. Responding to street protests and reports of suicides linked to foreclosures,...

Sareb: Do they really expect us to invest?

Do they really expect us to invest in the Spanish “bad bank” if they are unable to translate correctly their own official reports?  

Is Catalan Secessionism a Real Risk for Spain?

Addendum to the document “Investment Alternatives & MCM Competitive Advantages”; New York, September 27th 2012.

¿Quién dice que no lo tienen?. Credit Suisse nos explica el programa económico del PP…

Nos hemos pasado la campaña electoral escuchando a todos los candidatos del PSOE repitiendo como si de un mantra se tratara que el PP no ha explicado en ningún momento cuál va a ser su política económica ni las acciones que va a emprender para dar la vuelta a la terrible situación en la que...

Test de Stress 2011: Sobra Contabilidad, Faltan Finanzas

El pasado viernes se publicaron los esperadísimos test de stress de la banca europea correspondientes a 2011. Resultado para las entidades españolas: cinco suspensos sobre veinticinco grupos nacionales analizados, gran fortaleza de BBVA, Santander y CaixaBank, raquítico resultado de Bankia y Banca Cívica y, no menos destacable, un majestuoso primer lugar europeo por solvencia atribuido...

John D. Rockefeller, un “Déjà Vu” y Ladrillos en Brasil

Hace unos días tuve un “déjà vu”. Me explicaré. Un déjà vu es ese mecanismo mental por el cual uno tiene la sensación de haber vivido con anterioridad algún suceso del presente. Hace algunos años, Denzel Washington protagonizó una excelente película de intriga que llevaba por título precisamente “Déjà Vu” y en la genial “Matrix”...

Basically, It’s Over

A parable about how one nation came to financial ruin By Charles Munger © Slate.com In the early 1700s, Europeans discovered in the Pacific Ocean a large, unpopulated island with a temperate climate, rich in all nature’s bounty except coal, oil, and natural gas. Reflecting its lack of civilization, they named this island “Basicland.” The...

Domingo por la mañana, Bahía de Sant Pol, S’Agaró…

La escena tiene lugar el pasado domingo, 11 de julio de 2010, a eso de las 12 del mediodía, en un yate fondeado en la Bahía de Sant Pol, frente a S’Agaró. Hace un calor de infarto pero, cosa curiosa, en ninguno de los muchos barcos que han echado el ancla en esa hermosa cala...