Bluegem Capital Partners Expands Internationally

London, March 2026

We are delighted to share an important milestone in Bluegem’s continued evolution. Following the opening of our Luxembourg office in 2022, we have now established new offices in Madrid and Milan, further strengthening our presence across Europe. Our headquarters remain in London, which continues to serve as the central hub of the Firm.

These new offices reflect both the growth of Bluegem and our long-term commitment to being closer to the markets in which we invest. Spain and Italy are strategically important geographies for us, with deep entrepreneurial ecosystems and attractive opportunities within our core sub-verticals. A local presence enhances our ability to originate proprietary opportunities, deepen relationships with founders and advisors, and work more closely alongside our portfolio companies to support value creation.  This expanded footprint further enhances our ability to build leading pan-European platforms through disciplined international buy-and-build strategies across Europe, leveraging local insight with coordinated cross-border execution

The Madrid office will be led by Mathieu Develay, Bluegem Partner, who has relocated to Spain to spearhead our efforts locally, supported by Enrique Francia Romero, Bluegem Operating Partner. Together, and in close coordination with our London-based team, they will build on the strong foundations established through investments such as Suavinex Group, and continue to build leading pan-European platforms.

At the heart of this development is something that has always defined Bluegem: a genuinely international team. Today, our professionals represent nine nationalities and speak eleven languages, enabling us to operate seamlessly across borders and engage authentically with entrepreneurs throughout Europe. This diversity remains a core strength as we scale our pan-European platform.

While expanding geographically, we remain intentionally nimble and fully integrated. The investment team continues to operate as one cohesive platform and meets weekly in London to ensure alignment, collaboration and consistency of approach. Our Luxembourg office continues to support our compliance and structuring functions.

This expanded footprint further enhances our ability to build leading pan-European platforms through disciplined international buy-and-build strategies across Europe, leveraging local insight with coordinated cross-border execution.

We see this as a natural next step in Bluegem’s development and an important foundation for the next phase of growth. We look forward to continuing to work closely with our community as we build on this momentum.