The Board

Iván Contreras


Iván Contreras is a passionate innovator and business leader with a proven track record for success. He co-founded a highly successful multi-national composites structure manufacturing company, Carbures, which he expanded to the States getting to know the insides of this market very well. Carbures received the 2014 European Community Award to the most International minded.
Specialized in knowledge management, high speed organizations, and innovative product development, Ivan has been speaker in multiple universities and industry forums internationally. He is also a business angel for different tech companies that he helps to start its activity. Coming from different sectors like Aerospace, Automotive, Civil Work, always from the side of technology, Mr. Contreras has recently launched the Torrot line of smart EV products with an eye towards the future and the goal to be at the forefront of the interconnected personal mobility and smart cities movement. In November, 2015 Mr. Contreras’ group acquired the GasGas factory.

Rafael Contreras


Rafael Contreras holds a PhD in Social and Law Sciences from University of Cádiz. He cofounded Carbures, the Company he is currently President in 1999 as a University spin off, becoming publicly traded in 2012. His career has been based in the creation of high technology companies. He has been part of the creation and development of 17 companies in different sectors, playing different roles, from executive positions to specific programs as a consultant. He has also offered services as technological, strategic planning and marketing consultant for more than 100 companies. He has developed his work in sectors such as Aeronutical, Biotechnological, Information technologies (image picking up system, decision making expert software, programming) Robotics, Naval, Civil Work, Materials, Organizational Consultancy, Financial (corporate, venture capital), Audiovisual and Distribution. He teaches in different International Masters, and he has published articles and books about management, technology, and organizational development. His work has been recipient of multiple awards from Universities, Institutions, and Professional Organizations at an international level.

Ramón Betolaza


Ramón Betolaza has over 18 years investment experience in distressed, special situations and rescue and stabilization of companies across the cycles in Europe, U.S. and Asia. Ramon was a partner from inception of MatlinPatterson Global Advisers LLC in New York, which was created in 2002 through the spin-off of the Credit Suisse Distressed Securities Group. Ramon was the Head of Europe form 2006 and a member of the Investment Committee until his retirement from the firm in December 2009. Prior to July 2002, Ramon was director at Credit Suisse in the Distressed Securities Group, the predecessor group to MatlinPatterson, which he joined in 1997 in London. Ramon started his investing career in distressed and special situations at Banco Santander in London at the inception of the European HY Market in 1996. He holds a Degree in Economics and Financial Management from Universidad Comercial de Deusto and earned his MBA, summa cum laude, from IE – Instituto de Empresa Business School, where he currently serves on the IE International Advisory Board and is a member of the Council of Advisers to the IE Fund. Ramon has extensive experience as a proactive board member in private and listed companies and currently serves on the boards of various privately held companies.

Ignacio Foncillas


Ignacio “Nacho” Foncillas has been investing and advising on investments since the start of the crisis in 2007 in Iberia, the United States, and Latin America, mainly for U.S. and Latin American investors. Nacho has worked with JC Flowers II exploring investment opportunities in the Spanish financial institutions space. He has also advised Cap Cana shareholders in their continued rescue and restructuring efforts. Prior to the financial crisis, Nacho was the President and CEO of a private natural resources company, Minera SA., based in New York, Washington D.C. and Panama. He repositioned the company through strategic asset sales generating in excess of $500m and redeployed it back into a portfolio of productive assets in the extractive industries. After law school, Nacho joined Gibson, Dunn & Crutcher in 1992 and for 13 years developed and managed its Energy practice, Latin American practice and its Spanish practice. In 2000, he became the youngest partner in the firm’s 100+ year history. Nacho was voted as of one the “40 Under 40” by Crain’s New York Business in 2003. He received a JD from the University of Chicago Law School in 1992 with honors, magna cum laude, and a BA in Political Sciences with General & Special Honors (magna cum laude) from the University of Chicago. He is a member of the New York Bar and the Law Society of England and Wales. He has extensive board experience in listed and private companies. Nacho is one of the founding partners of Black Toro Capital.