Santander Alternative Investments (SAI) is the wholly owned alternative investments division of Santander Group, offering private equity, private credit, infrastructure, real estate, venture capital, and secondaries strategies to private banking clients and institutional investors. It is headquartered in Madrid and was established in 2019 to consolidate the group's alternatives capabilities.
Their most common stage is series-b (45% of deals). Average disclosed round size is $164.6M (across 5 rounds with reported amounts).
Portfolio
9
Fund Size
—
Top Stage
Series B
Last 12 Mo
1
Team
Borja Díaz-Llanos
Chief Investment Officer & Private Credit Global Head
Carlos Manzano
Chief Executive Officer
Michael Zerda
Real Estate Global Head
Nadir Maruf
Infrastructure Global Head
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 Multiverse | Series C | $570M | Jul 2026 |
| TTretau | Series C | — | Sep 2025 |
 Eneida | Series B | $11.3M | Jul 2024 |
 CorPower Ocean AB | Series B | — | Jan 2024 |
| Multiverse | Series D | $220M | Jun 2022 |
| Multiverse | Series C | — | Jan 2021 |
 Enline | Unknown | — | — |
 Soil Capital | Series B | — | — |
 ePilot | Series B | $10.5M | — |
 TAU | Series B | $11M | — |
| CCaeli Wind | Series A | — | — |
Top Co-Investors
Last updated: 20 October 2026