People Moves

Tech Investment Firm Adds Former Barça Man As Partner

Wendy Spires Group Deputy Editor London 10 April 2012

Tech Investment Firm Adds Former Barça Man As Partner

Mangrove Capital Partners, the Luxembourg-based firm which specialises in early-stage technology investments in Europe and emerging countries such as India and Russia, has appointed Marc Ingla as a partner.

Up until recently Ingla was vice-chairman of FC Barcelona, where he managed all sponsorship, media and football affairs, but over the last decade he has also acted as a â€śbusiness angel” working with a number of venture capital firms.

Ingla is also known for having co-founded Cluster Consulting, a pan-European management consulting firm specialising in wireless technology and digital strategies which was subsequently acquired by Diamond Technology Partners (now part of PwC) in September 2000.

Mangrove, which is a sister firm to Genii Capital, was founded in 2000 and now has $500 million in assets under management. It has invested in some 50 companies and was one of the first investors in Skype, which was acquired by eBay for over $2.6 billion in 2005.

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