Threestones Capital Management S.A. has added 3 nursing homes in Spain to the portfolio of its TSC EUROCARE Real Estate Fund.
The three assets are located in Ibiza (Balearic Islands), Burgos (Castile & Leon) and in Barcelona (Catalonia) and have a total of 457 beds. The properties were owned by the Colisée Group who will continue to operate under a long term contract. The fund now has 19 properties in its portfolio and a total of 2,056 beds. In 2017, Threestones had entered Spain with the acquisition of a nursing home in Cambrils (featured in the photo above)
Threestones Capital was founded by Giovanni Perin, Alessandro Sparaco and Francesco Sparaco and is a fast growing independent investment management group headquartered in Luxembourg. The company manages private equity real estate regulated investment vehicles under the supervision of the Luxembourg financial authorities (CSSF) in compliance with European financial regulations. Threestones Capital Management S.A. is an AIFM (Alternative Investment Fund Manager) in accordance with the AIFM Directive.
Giovanni Perin has over 25 years of experience in the fields of private equity, real estate and in the banking and financial sector. He began his career in business consulting with KPMG and PwC. From 1998 to 2003 he was Associate Director in the global team of Société Générale de Surveillance Holding SA, where he successfully participated in private equity transactions with a value of over $800 million in the health care sector. From 2003 to 2009 he was chief investment officer at a Swiss-based family office.
Alessandro Sparaco has over 20 years of experience in construction, real estate and in the banking and financial sector. From 2000 to 2006 he worked as project manager in the construction industry in Italy and Germany, overseeing high profile development projects including infrastructure and social housing. From 2006 to 2009 he was entrusted with the management of several European real estate funds at a Swiss-based family office, where he was, among other things, in charge of a nursing homes portfolio in Germany, various urban renewal projects in Italy and other major projects in Southern and Eastern Europe.
Francesco Sparaco has over 20 years of experience in the property and construction industry, in the financial sector and private equity. From 2000 to 2004 he worked in the construction industry in Italy, where he was responsible of important projects of infrastructure development. From 2004 to 2009 he was manager of Berlin-based Viam GmbH, a company that manages “niche” real estate portfolios in the residential and nursing homes sector in Germany.