As a historic move in the field of law and international investment, Miguel Riañocurrent managing partner of herbert smith freehills He will be based in Spain and will leave the company on March 1. Next he carbonia investmentsLatest investment business by fortress In Spain. This development marks a significant shift in merging legal expertise with international financial management.
Contacted for confirmation, the 56-year-old Riaño expressed his enthusiasm for this new professional venture, saying: I feel honored and would like to thank you for the trust you have placed in me. In the coming months, we will introduce our new products and investment structure in detail, which we believe will establish Carbonia as one of the most attractive options for companies in our country. ”
Prior to his current role over the past 10 years, Mr. Riaño served as a managing partner at several prominent law firms, including: Garrigus and linklaters. Additionally, he has held director and board secretary positions with numerous companies in the energy, infrastructure and environment sectors.
Riaño will now serve as the right-hand man for some of Spain’s Fortress funds. Fortress is a leading North American firm with more than $45 billion in assets under management, investing in a diverse range of assets through a variety of funds. Carbonia Investments has been a trusted advisor to Fortress Legal Assets’ investments for many years. Still, that commitment was solidified by Mr. Riaño’s acquisition of 20% of the company’s stock, of which he is the largest shareholder. This strategic move places Riaño at the forefront of Fortress’ efforts in the Spanish market and brings a wealth of legal and executive experience to this new chapter.