N+1 Mercapital elects new CEO and chairman

Gonzalo de Rivera has more than 20 years' experience in private equity and has worked at both N+1 and Mercapital prior to the merger of the two firms in July 2012. He has particular expertise in food packaging, tourism, distribution and personal care and has sat on the board on Mivisa, Bodybell (which was written down in 2009), High Tech Hoteles and Grupo Novolux.

Federico Pastor is a former managing partner at the firm and previously held the position of CEO at N+1, prior to the company's merger with Mercapital.

Javier Loizaga resigned in November 2013 due to irreconcilable differences with the firm's partners regarding the level of resources dedicated to Latin America, according to communications sent to investors and seen by unquote". He was named chairman of Mercapital in 2008, when he took over the position from his father.

Ignacio Moreno, managing partner of N+1 Mercapital, stood in as interim CEO while the firm's partners elected a replacement. Prior to the firms' merger, Moreno was CEO of N+1 Private Equity, but began his career at Mercapital, where he was a senior director.

N+1 Mercapital's most recent transaction occurred earlier this month when the firm secured a 22% stake in electronic lock company Salto Systems. 

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