./ dry capital
./ team-and-track-record

Run by the people
who do the deals.

Founder-led and human-led — Dry Capital backs top-tier European sponsors across the capital stack (debt, preferred capital and recapitalisation), builds its own technology to run the analysis, and stays on the ground: close to every deal, sponsor and call.

./ how-we-work
Three things that do not change, deal to deal.
01 / 03

Underwritten like our own

Every deal underwritten like our own balance sheet. Priced against current market terms.

02 / 03

Europe and the United Kingdom

Based in Benelux, with partnership offices in Madrid and Frankfurt — a partner on the ground in each market.

03 / 03

The partners run every deal

Every deal is run by the principal team from first contact to closing.

./ track-record
Seventy-five years, all asset classes.
75+
Years combined
€7.5BN+
Transactions & financings
150+
Deals closed
7
Asset classes
Dry Capital and its partners in Iberia and Germany — heads of investment at PATRIZIA, IVG and TRIUVA, and real estate debt at Prime Capital AG. Figures illustrative; specifics under NDA.
Sheelam Chadha
Sheelam Chadha
Founder · Dry Capital
Brussels

Nearly 20 years as a head of investment for PATRIZIA, IVG and TRIUVA. Led the liquidation of IVG’s regional fund portfolio 2011–2016. €2.5bn+ across office, residential, logistics and retail.

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Maria Laguna
Maria Laguna
Partner · Lake Capital
Madrid · Iberia

25+ years across Southern Europe. Head of Iberian Transactions at IVG, TRIUVA and PATRIZIA to 2020, then built DeA Capital’s Iberian platform.

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Guido Gerstner
Guido Gerstner
Partner · MainCap
Frankfurt · Germany

Over two decades in real estate finance. Ran real estate debt at Prime Capital AG with Dennis, investing discretionary institutional capital for pension funds and insurers.

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Dennis Davidoff
Dennis Davidoff
Partner · MainCap
Frankfurt · Germany

Over a decade structuring, underwriting and executing complex real estate loans — senior through whole loans to mezzanine, on the same discretionary mandates.

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