Europe’s fund managers may lend only cautiously to Spain, but they remain keen for that country’s football managers to lend them their expertise, as a second industry player has signed up a senior manager, this time from FC Barcelona.
Mangrove Capital Partners, a Luxembourg-based private company financier, has enlisted Marc Ingla (pictured), formerly vice chairman of FC Barcelona, as a partner.
Mangrove’s move follows in the footsteps of Henderson Global Investors, which has Jose Mourinho, the Portuguese coach of Real Madrid, for its latest advertising compaign.
As well as no doubt understanding the off-side rule, Ingla understands the kind of early stage investments that are Mangrove’s expertise – as he was himself an early stage financier, known as a ‘business angel’.
While at Barca for five years, Ingla managed the sponsorship, media and football affairs.
On a personal basis over the past 10 years he has also invested in various start-ups, including in the technology sector that is Mangrove’s key focus. He also co-founded Cluster Consulting, European management consultants specializing in wireless technology and digital strategies.
Mangrove said having him in its line-up would help its growth strategy, which focuses mainly on the opportunities in emerging markets.
Henderson’s enlisting of Mourinho is widely regarded, including within the company, to be a coup and marketing success.
Mourinho’s face sits on Henderson’s website – and numerous advertisements in the asset manager’s key markets – with quotes such as ‘I ask my team for 100% – if they give me more, is okay too’, and ‘Hair is silver; experience is golden’.
For the record, at the moment Mourinho’s team are ahead of Ingla’s former employer, by just six points, in first and second positions of the Spanish league respectively.
If Real Madrid can beat Bayern Munich, then they could play Barcelona in the Champions League final this year.