The fund is managed by an experienced team led by Álvaro Guzmán de Lázaro, CEO and Co-Chief Investment Officer, who is a CFA charterholder with over 25 years of investment experience since 1994. He previously managed Bestinver Asset Management for 12 years before founding Azvalor in 2015. Fernando Bernad serves as Co-CIO, bringing private equity expertise and investment team management experience. The founding team has received multiple industry awards including Best Independent Fund Manager for two consecutive years and Citywire awards for best management teams in Global and Iberian equities. The management company oversees EUR 2.894 billion in total AUM across all funds as of H1 2025.

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Azvalor Iberia follows a rigorous Value Investing philosophy, which consists of buying companies at a price below their intrinsic value with a long-term vision and margin of safety. The fund applies the proprietary 'Azvalor Method,' a rigorous internal investment process developed over 20 years. The strategy emphasizes rational decision-making without emotional influence, where time works in favor of investors and patience is a key factor. The fund targets high-ROCE, owner-managed companies with significant estimated upside potential, focusing primarily on undervalued Spanish and Portuguese equity securities.

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