Francisco García Paramés [SEP] country of citizenship
Francisco García Paramés
Francisco García Paramés (born in Galicia (Spain), 22 December 1963) is a Spanish Fund manager. In 1989 he incorporated Bestinver Asset Management, from Acciona.
Self-taught, his management style is based on the strict application of the principles of the school of Value Investing (Benjamin Graham, Warren Buffett, Peter Lynch), under the Austrian Business Cycle Theory.
He graduated in economics from the Complutense University of Madrid and has an MBA from IESE Business School (University of Navarra
Lázaro and Fernando Bernad Marrase, explains his investment management vision.
In September 2014 Francisco García Paramés announced his departure from Bestinver due to differences with the Entrecanales family, reference stockholders of Acciona and owners of Bestinver. After his decision of leaving the company, Fernando Bernad and Beltrán Parages started in October 2015 the asset management firm AzValor, to which soon after Álvaro Guzmán joined. Francisco García Paramés could not join due to a two-year non-competition agreement on his contract with Bestinver.
However, once the period