Xavier Adsera
Board Member
In 2016, in a return to his entrepreneurial spirit, Xavier founded Adequita Capital Ltd, where he serves as CEO. Adequita Capital Ltd. is a boutique financial advisory and venture building firm that brings together international expertise to deliver value-creating projects. We provide insight and execution support to our project partners (investors, companies and government entities) through a full range of investment banking and consulting services coupled with strong business relationships across Europe, Asia, the Americas and the Middle East. Additionally, Adequita Capital advises and invests in small and medium-size companies in strategic sectors to help them accelerate their internationalization. Adequita Capital Ltd. is Authorised and Regulated by the Financial Conduct Authority. Registered in England & Wales, Company No. 10431800.
Currently, Xavier is also CEO of Dakia U-Ventures, a holding company of Dakia UMusic Hotels, a hospitality project in joint venture with Universal Music Group (UMG) developing an international hotel chain that will lead the next revolution in Hospitality & Entertainment unifying the most renowned music, entertainment, retail, and technology brands to provide a unique immersive experience.
From 2011 to 2015, Xavier acted as CEO of the London-based private equity firm Veremonte where he served as chairman of BCN World (city of entertainment, family leisure and tourism in Spain). He also co-founded and directed as member of the Executive Committee the first global electric car racing competition, Formula-E (FIA championship).
Between 2006 and 2010, Xavier acted pro-bono as Chairman of the Spanish Institute of Financial Analysts (IEAF) and of its Foundation of Financial Studies (FEF), the Spanish branch of the European Federation of Financial Analysts, CEFFA. The Foundation is a financial markets think-tank, founded by a large group of public and private companies and institutions representing a significant part of economic and financial civil society in Spain. He also acted as head professor of long-term financial strategy at ESADE Business School (Barcelona), where he is still a member of the professors’ senate and still occasionally hosts classes. In 2010, the IEAF appointed Xavier as lifetime member of the honorific board in recognition of the outstanding services provided to the entity and the Spanish financial markets, including leading the restructuring of the banking sector during the 2008 financial crisis.
In 2005, he transitioned to become Chairman of Natraceutical, a Spanish pharmaceutical multinational focusing on R&D of natural ingredients, nutritional food supplements and cosmetics. Additionally, he was a member of the Board of Directors of Natra (Natraceutical’s parent company). Both Natraceutical (renamed Reig Jofre in 2015) and Natra are publicly traded on the Spanish Stock Exchange.
In 1992, at the inception of his entrepreneurial career, Xavier co-founded and managed as CEO Grupo Financiero Riva y García, one of the leading independent investment banks in Spain - specializing across a broad range of competencies including asset management, brokerage, corporate finance, private banking and private equity investments. During his time as CEO, the entity lead numerous M&A, IPO, LBO transactions, as well as fund raisings for multiple asset types in international capital markets.
Parallel to his business undertakings, Xavier co-authored the book on business valuation "Principles of Corporate Valuation” and CFA article “FEVA: A Financial and Economic Approach to Valuation”, first published on the Financial Analysts Journal in March 2003. FEVA pioneered the concept of Valuation as the cornerstone of investment analysis by acknowledging that a thorough understanding and correct application of valuation methodologies are critical for long-term investing success. Properly applied, valuation techniques can help investors distinguish between price and value, a critical distinction from which excess returns flow.
In 2019, due to his extensive career and achievements, Xavier was granted a full membership status (MCSI) in the Chartered Institute for Securities & Investment (CISI), which indicates a high level of knowledge in financial services as well as a commitment to the principles of professionalism, integrity and excellence. It is both a sign of achieving a higher level financial qualification, and of a desire for professional development.
Xavier completed his BBA & MBA in ESADE Business School (Barcelona), with post- graduate studies in HBS (Harvard), Sloan School of Management (MIT) and Stern School of Business (NYU).