Hipoges was founded in 2008 and is one of the reference platforms in the field of Asset Management with more than 48,5 billion euros of managed assets.
At present Hipoges manages a very wide range of assets including residential mortgages and foreclosed assets, promoter loans, loans for consumption without collateral, small and medium-size enterprises (SME) loans and loans to large companies with collateral of various typology.
Establishment of Hipoges
Hipoges was born and established in Madrid
Establishment in Portugal
Start-up of the structure of management of various types of assets for financial institutions. Hipoges operates in the Portuguese market with the establishment of its head office in Lisbon
New corporate structures
Start-up of the structure of management of loans for consumption. Establishment of the structure of management of corporate loans with a complex underlying asset
Management of residential mortgages
Establishment of the structure of management of residential mortgages and foreclosed assets
3,500 million euros
Hipoges manages assets worth a total of 3,500 million euros
Standard & Poor’s rating
Hipoges is rated “Above average” by Standard & Poor’s for Special Servicing of Residential Mortgages.
Start-up of the structure of management of loans to small and medium-size enterprises (SME).
Start-up of the structure of management of invoices with the Public Administration and other financially sound entities
Management of promoter loans
Launching of the structure for the management of promoter loans. Hipoges manages assets worth more than 5,000 million euros
Loans to large companies
Expansion and consolidation of the structure for the management of loans to large companies with various types of underlying asset
8,000 million euros of assets under management
With work centres in Madrid and one in Lisbon and more than 8,000 million euros of assets under management, Hipoges is consolidating its position in the market as one of the independent reference platforms in the industry.
Establishment of HipogesHellas (Athens)
11.300 million euros of assets under management
Hipoges continues its growth in the iberian market (Spain and Portugal) and continues its international expansion opening an office in Athens, signing its first contract in the greek market.
Hipoges celebrates its 10th anniversary with more than 400 employees and 17.000 million euros of assets under management.
KKR is the new major shareholder of Hipoges.
Acquisition of Alsvit
Hipoges strengthens its presence in the Greek market with the acquisition of Alsvit, a REO management company with over 12 years of experience.
Opening of the Oporto’s office.
Servicing License in Greece
The Bank of Greece grants Hipoges a license that accredits us as a qualified entity to provide NPL management services in Greece.
Hipoges starts working with SAREB, opening an office in Murcia, and exceeds € 21 billion in assets under management.
Expansion in Spain and Italy
In May, Hipoges acquired a majority stake in Domus RS, a commercialization, development and real estate project management company.
In June, Hipoges acquired a majority stake in AXIS S.p.A., an Italian servicing platform with offices in Rome and Milan, and more than € 2,000M of assets under management.
Group’s globalization and expansion
In February, Hipoges launched an independent appraisal’s company in Portugal: Hemisphere HG.
In April, the group became just Hipoges, dropping “Iberia”.
In the same month, Hipoges was chosen to manage part of the assets of the SAREB portfolio, totaling €13,906M.
In June, Hipoges acquired a majority stake in GRUPO COBO, a leading company in the Facility Management market, strengthening the company’s Real Estate business.
In November, Hipoges opened an office in Seville and expanded its presence in the Iberian Peninsula, from North, South and Centre.
A management team with more than 30 years of experience in the field
General Manager Partner
General Manager Partner
Senior Board Advisor (Portugal)
Vice Chairman (HipoGes Hellas)
Senior Board Advisor (Spain)
Chief Human Resources Officer
Juan Ramón Prieto
Chief Operating Officer
Chief Services Officer
Chief Financial Officer
Miguel Ángel Muñoz
Chief Information Officer
Executive Director Valuations
Chief Real Estate Officer
Chief Corporate Services
Chief Technology Officer
At HipoGes we manage assets and develop people. The key to our success comes from the culture of which we are a part of.
The implementation and development of Corporate Social Responsibility actions is one of the pillars of HipoGes’ strategy.
We have obtained several certifications that attest to the quality of our services and our success in the sector.
As one of the main professional bodies for the qualification and standardization of land, properties and construction, RICS certifies and regulates our Valutaions department in Spain and Portugal by complying with the highest codes of conduct and ethics, focusing on the client, complying with RICS Valuation – Global Standards and for the total independence and impartiality of Hipoges as a company.
Standard & Poor’s Ratings Services assigned the global raking of AVERAGE to Hipoges Iberia S.L., as a special servicer for commercial mortgages and confirmed its global rating as ABOVE AVERAGE as a special servicer for residential mortgages. Hipoges is the only platform in the Iberian Peninsula with two servicing accreditations from Standard & Poor’s.
The Bank of Greece has granted us a license that accredits us as an entity capable of providing NPL management services in Greece, complying with the current regulations, the regulatory framework and the compliance requirements of the Bank of Greece and the Greek legal framework.
100% based on direct feedback from our employees, this certification is awarded by the company Choose My Company, which recognizes, and rewards companies based on the managing of their employees’ motivation and happiness. We are proud to be recognized as a company in which the development of our activity is linked to happiness and motivation, without which it would not be possible to obtain an adequate performance at work.
Ares Lusitani, the Hipoges Group’s securitization vehicle, is regulated by the CMVM, the entity responsible for the supervision and regulation of the securities market and other financial instruments, as well as the activity of all those operating in those markets.