Madrid Gran Vía skyline with the Metropolis building at golden hour

A private merchant investment firm · Est. 1996

Grounded in principle.
Enduring in value.

Thirty years building companies and compounding value across regulated industries — through every cycle, on our own terms.

Looking upward between historic and modern financial buildings under a bright blue sky

About

We build companies, not headlines.

Founded in 1996 as Technomanagement and renamed Trafalgar Asset Management in 2013, we are a privately held, regulated investment group who operates under the strictest corporate-governance standards.

Thirty years across telecommunications, regulated finance, and special situations have taught us where value hides — and the patience to enter only the contests we intend to win. We dare to do what others will not.

We invest our own capital alongside a few partners, committing only to what we intend to finish and are certain we can deliver. We have sat across from the largest institutions and their advisers, and always held our ground.

This is the discipline of selection, not the luck of the draw: capital preserved through every cycle, and every battle chosen with the conviction to see it through.

“We yield to one thing only: conviction.”

What we do

Regulated financial services are our core.
Every other line of business extends from it.

Trafalgar began in 1996 as a consultancy, restructuring companies operationally and financially — rescuing them, returning them to profitability, and investing our own equity to control them, often from minority positions, before realizing their value. In 2013 we restructured the firm around that discipline.

Today we deploy our own capital to acquire and build companies outright across the domains below, while retaining select silent minority positions in larger businesses we once rescued, sold, and chose to stay invested in. We invest as principals, not allocators — and we do the operational work ourselves.

Bright market visualization inside a polished glass orb against a vivid city-light backdrop
01Our core

Regulated Finance

Regulated financial services are the heart of Trafalgar.

We own and build licensed financial infrastructure — banking, credit, payments, brokerage, and insurance — and operate it to institutional standards. This is where our experience runs deepest and our conviction strongest.

A challenger bank, a broker-dealer, and a life insurer: for us, this is only where it begins.

Alpine lakeside town beneath dramatic mountains in crisp morning light
02Where we were built

Special Situations & Restructuring

Restructuring is the craft we were built on.

We acquire undervalued or distressed companies and rebuild them — operationally and financially — until they are profitable and durable, taking control where we must and meaningful positions where we can, and doing the operational work ourselves.

We often retain a silent minority stake in what we revive. The harder the restructuring, the sharper our advantage.

Large satellite dishes silhouetted against a bright sunset sky
03Infrastructure

Telecommunications

We invest in asset-light telecommunications infrastructure and access platforms that bring connectivity to underserved, high-cost markets.

We built and divested a regional satellite-broadband pioneer through a privately negotiated sale to a strategic counterparty — evidence of our ability to create and realize value in complex infrastructure.

Bright urban scene with transparent interface layers and digital systems overlays
04Selective conviction

Science & Innovation

We back proprietary, IP-defensible platforms with real commercial, therapeutic, or diagnostic application — never speculation.

We commit only where technical feasibility and commercial viability are both underwritten, pairing our capital with hands-on execution to turn science into durable enterprise.

Sunlit classical stone structure viewed upward through a bright open roofline
05Where we began

Advisory

Advisory is where Trafalgar began.

We counsel a select group of clients on bespoke investment, sophisticated wealth structures, and cross-border capital — providing the governance backbone for complex trusts, funds, and vehicles, administered to institutional compliance standards across jurisdictions.

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Leadership

Culture eats strategy for breakfast.

The finest strategy fails without the people and the habits to carry it. The durability of everything we own rests on the teams who run it — so we treat talent and culture as our first investment, never an afterthought.

We build small, exceptional teams and place the most qualified person in every seat, then trust them with real ownership and hold them to a single standard. We prize candor over hierarchy, judgment over noise, and character as much as pedigree. The result is a culture of low turnover and high trust — the quiet compounding asset behind every deal we complete.

Porfirio Sánchez-Talavera

Managing Partner

Mr. Sánchez-Talavera is an entrepreneur with vast experience building enterprises across energy, telecommunications, industrial technology, and regulated finance. His work has spanned the full arc of company-building — from formation and financing to governance and, in time, realization — including projects of national scale and long horizon.

His background bridges finance and law. He holds a Master in Finance, completed Harvard Business School's General Management Program, and is pursuing an Executive LL.M. at Columbia Law School — a combination that informs how he leads: close to the numbers, attentive to structure, and patient through the cycles a business must pass through. He has guided complex, cross-border transactions to completion and navigated the legal questions that often determine an outcome.

He has served on the boards of companies of international standing across several of these industries.

Track Record

We pay dividends. We don't sell dilution.

We bring the discipline of private equity and the patience of permanent capital. For thirty years we have built, rescued, and realized companies across regulated industries — with our own equity, on our own terms. We compound through cash, not dilution: our partners earn dividends and realizations, never the erosion of a perpetual raise.

Key Figures · All figures in U.S. dollars

01
$2.5B
Aggregate transaction value since inception
02
30 years
Across every market cycle
03
$400M
Capital under management — proprietary and institutional
04
$0
Permanent capital losses
05
Fortune 500
Strategic advisory mandates
06
150+
Successful transactions

We invest our own capital, compound it patiently, and exit only when the time is right — never on the market's schedule, always on ours. Our partners compound alongside us, never diluted to fund the next deal. We are in the business of building value, not chasing valuations.

Price is what the market quotes; worth is what we build.

Performance. Gross and net MOIC, IRR, and DPI, with full methodology, are provided to qualified investors on request. All monetary figures shown on this site are expressed in U.S. dollars. Capital preserved through every cycle; every contest entered with the conviction to finish it.

Investor Relations

Considered partnerships.
Considered capital.

For institutional inquiries, co-investment opportunities, and limited-partner relations.

ir@trafalgar-am.com