Abel Matutes and Rafa Nadal end partnership with business associate

Abel Matutes Prats and Rafa Nadal break up with their partner in Mabel Capital, a company founded by the Ibizan and Manuel Campos in Madrid in 2013 and which currently has assets in various parts of the world: Spain, Portugal, Mexico, the Middle East and the United States.

It was in 2020 when Rafa Nadal entered fully into the world of large venture capital firms by buying a third of Mabel Capital

Until then, Nadal had maintained a partner/client relationship with the investment firm and was a co-investor in several projects, such as the restaurants Tatel (one of them located in Ibiza and which has more partners, such as Enrique Iglesias, Pau Gasol or Cristiano Ronaldo) and Zela.

Between the three of them, they managed to grow Mabel Capital, with the opening of more Tatel restaurants around the world, Totó restaurants or Mabel Villa París, a residential complex located in Madrid, among many other investments.

The partnership is over

Four years after the three partners achieved major business successescinco Días publishes today that that triad has been blown to bits. As detailed by the economic newspaper, Abel Matutes and Rafa Nadal have reached an agreement to separate from Manuel Campos about two weeks ago.

In such a way, the tennis player and the Ibizan businessman would keep the real estate business of the company and also with the venture capital business, in which so far they have invested 50% of the production company Komodo, which is behind the music festival Mad Cool or the docuseries ‘Soy Georgina’ and ‘Tamara Falcó: La Marquesa’, both broadcast on Netflix. Manuel Campos will now operate the six restaurants.

Cinco Días assures that this breakup stems from the poor relationship abel Matutes and Manuel Campos, although neither of them has commented on the matter.

For their part, Mabel Capital and Manuel Campos’ entourage have assured the publication that it is not a break-up, “but a corporate reorganization”.

It should be recalled that Mabel Capital also acquired in 2019 some land in Estepona (Malaga). In total, about 20 million euros were allocated to the acquisition of 36 hectares to build more than 30 homes on the beachfront. In 2021 they also bought a 5,000 square meter building in Lisbon.

For the full article, please visit Diario de Ibiza website here.