According to informed sources, the two partners already have €200 million of capital, money from their own assets, some institutional investors of Lone Star and the famous financier Warren Buffet, who has decided to support them in this adventure, although the parties involved have not wanted to confirm this information.
Unlike the story of Lone Star, opportunist profile fund, Morenés and Pepa now want to focus on more conservative operations, which will limit the level of indebtedness of the new fund to 50%, which means that its investment capacity will reach the aforementioned €300 million.
The plans of the two partners are already well advanced, with several operations on the table in the state of analysis, and with the purpose of investing all this money in just one year, that is, throughout this 2018, to take advantage of the current cycle.
Although it is expected that the bulk of Stoneshield's operations will be carried out within the residential segment, the firm is also interested in acquiring hotels, offices and commercial assets, always according to the same sources.