Barcelona vice-chairman moves to private equity

A day after his previous employer booked its place in the UEFA Champions League semi-final, former FC Barcelona vice-chairman Marc Ingla joined Mangrove Capital Partners.

Marc Ingla, former vice chairman of all-conquering Spanish football club FC Barcelona, has left the Catalan team to become a partner at Mangrove Capital Partners.

Mangrove, which makes early-stage technology investments in Europe and emerging markets including India and Russia, hired Ingla having worked with him previously on a number of investments.

Mark Tluszcz, Mangrove co-founder and chief executive, said in a statement: “We have worked with Marc many times in the past. He is a perfect fit for what we do. He has a proven eye for identifying disruptive opportunities and knows what it takes to build a great company and to manage one, as can testify his five year involvement with FC Barcelona. Marc spent most of his career in global business development roles and we also value the unique network he managed to build in Europe, Latin America and Asia”.

At Barcelona, Ingla managed sponsorship, media and football affairs. He also said he was responsible for hiring the club’s current manager, Josep Guardiola, who has taken the team to unprecedented recent success, including three domestic titles and two Champions League victories.

Away from football, Ingla has substantial experience investing in and advising start-ups, particularly those in the internet and mobile sectors. He has worked with a number of venture capital firms over the last 10 years, Mangrove said, on investments including Privalia, Siine, and Wuaki.tv.

Ingla’s appointment is the firm’s third in the last 12 months. It currently has $500 million under management, and was the first firm to invest in voice-over-internet company Skype.