./ 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 a partnership office in Madrid.

03 / 03

The partners run every deal

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

./ track-record
Forty-five years, all asset classes.
45+
Years combined
€4.5BN+
Transactions & financings
70+
Deals closed
7
Asset classes
The founding partners — heads of investment at PATRIZIA, IVG and TRIUVA. 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 to 2021, then country director for Atenor, the listed Belgian developer, from 2022 to 2025. Led the liquidation of IVG’s regional fund portfolio 2011–2016. €2.5bn+ across office, residential, logistics and retail.

LinkedIn →
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.

LinkedIn →