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Zaphira is a private investment firm with a strong focus in real estate development. We have a “family-office” structure and operate as a vertically integrated real estate investment platform. We target mainly opportunities in Portugal, where we benefit from having significant local knowledge backed by a seasoned management team and strong local structure with experience going back 35 years. Our strategy is to drive growth from our investments by using our local technical team to optimize existing projects while being able to deliver unique high quality products to our end clients.

Adriano Lucas

Managing Partner

Adriano is responsible for establishing the company’s strategy and deal execution. He has an entrepreneurial background, having previously incorporated successful consumer driven ventures in the U.S. and in Europe. He also worked in Investment Banking at Société Générale in London and New York . He holds a BA in Business Administration from Universidade Católica Portuguesa.

André Alves Ribeiro

Managing Partner

André is responsible for the origination and execution of investments. He most recently worked in M&A, Infrastructure Funds and Capital Markets at Société Générale and Macquarie Capital in New York. He holds an MBA from Columbia Business School and a BA in Business Administration from Universidade Católica Portuguesa.

Zaphira Capital

33 St James´s Square

London SW1Y 4JS

United Kingdom

Zaphira Capital

Viru Väljak 2

Tallinn 10111


Zaphira Capital

Avenida 24 de Julho 50

Lisboa 1200-868


+351 213 939 022