Squircle Capital

Squircle Capital is an established pan-European private equity firm that specializes in transforming high-end assets to generate long-term value and positive societal impact. The firm employs a differentiated investment approach, combining an institutional mindset with strong partnerships across its portfolio. They focus on identifying overlooked opportunities and applying deep sector knowledge and operational expertise to unlock value beyond just financial performance.

The firm was founded in 2012 by José Caireta, who envisioned a private equity model centered on exceptional asset management and creating fundamental value through positive impact. Caireta's philosophy, which emphasized a long-term outlook and sustainable approach, continues to guide Squircle Capital's operations. Following his passing in 2024, John Nery assumed the role of Managing Partner, continuing to lead the firm's investment strategy and portfolio management.

Squircle Capital's investment portfolio includes significant holdings in the marine industry, notably the MB92 Group, a leading superyacht refit, repair, and maintenance company. Squircle Capital initially invested in MB92 in 2019, gradually increasing its stake to full ownership by March 2026. This investment highlights their focus on transforming assets and expanding operational capabilities within the luxury sector. The firm also actively invests in high-end real estate and hospitality assets across Europe.

The Squircle Capital team comprises multidisciplinary professionals with extensive experience in investing, developing, managing, and transforming assets. They are committed to working closely with portfolio companies from origination through exit, leveraging their expertise in transactions, sectors, and operations. Recent team expansions in February 2026, including the appointments of Laura Brogi and Gilberto Lo Feudo to the investments team, underscore the firm's growth and its focus on specialized execution in challenging markets.