Our team

Experience. Entrepreneurship.Perspective.

ZM Capital brings together professionals with expertise across private equity, corporate finance, real estate, operations, legal, project development and specialist sectors.
Our multidisciplinary structure allows us to evaluate opportunities from different perspectives and remain actively involved throughout their development.

Miguel Ángel Zavala

Managing Director

Miguel Ángel is the founder of ZM Capital, an independent strategic and financial advisory firm specializing in corporate finance across the Renewable Energy, Oil & Gas, and Real Estate sectors.

He brings over 25 years of experience in asset management, debt restructuring, equity and project finance, working with institutional investors and Middle Eastern family offices, and has served as Strategic Advisor for Europe for Cohen & Company and Newmarket Capital (USA).

He holds a degree in Economics from the University of Malaga and a postgraduate degree in Real Estate, and is a Founding Partner of Arrowhead Property Group and Verde Property Group.

Jose Luis Sainz-Pardo

Head of Investment

Jose Luis began his career as an architect, working at firms including Cruz y Ortiz Arquitectos (Seville), SV60-Antonio González Cordón, and Calvi Merlini Moya (Milan), before founding his own architecture firms (buró4, Alix & Casanova).

He later transitioned into investment consultancy, becoming Andalusia Regional Manager for Jones Lang LaSalle (JLL).

He holds a degree in Architecture from the Universidad de Sevilla, a Master’s in Strategic Design / Design for Tourism from Universidad Pablo de Olavide, and expert programs in Urban Law and Regional Planning, as well as International Trade and Business Administration.

María Delgado

Chief Legal Counsel

María has over 25 years of experience managing the Legal & Tax Department at ZM Capital.

Throughout her career, she has specialized in legal consultancy, overseeing the legal and tax structuring of the firm’s investments and advising on regulatory and compliance matters across its portfolio.

She holds a Bachelor’s Degree in Law from the University of Córdoba, a Master’s Degree from IE Business School in Madrid, and a Master’s Degree in Tax Consultancy from C.E.F. (Institute of Financial Studies).

Nikhil Korpal

Investment Director

Nikhil Korpal is Investment Director at ZM Capital, bringing over 15 years of experience in real estate acquisitions and development across Norway and Spain.

Prior to joining ZM Capital, he served as Investment Manager at Bonum, a Norwegian real estate developer, where he led the firm’s expansion into the Spanish market and sat on the board of Bonum Spain SL.

He holds an MBA from Webster University, London (Regent’s University London campus), and a BSc in Maritime Business from Southampton Solent University.

Jorge Rosillo Rein

Head of Hotel Consulting

Education and qualifications

  • Degree in Law San Pablo CEU, Spain.
  • PDP Advanced Hotel Real Estate & Asset Management
  • CORNELL UNIVERSITY – HOTEL SCHOOL AT JOHSCONBA Postgraduate in Real Estate
  • Master of Science in Hotel & Leisure Business
  • ELI BROAD BUSINESS SCHOOL.- MICHIGAN STATE UNIVERSITY

Experience

Jorge has 25 years’ experience in the consultancy  and  Hotel industry.

He has worked in Banesto , Savills, MGM Resorts and Banco Espirito Santo

Deputy Director of Hotel and Leisure department for Southern Europe in Savills – Aguirre Newman ( 2007 – 2022 )

Founding Partner of Rosillo Rein

Industry experience

Real Estate & Hotel

Miles Morton

Head of Project Development Management

Education and qualifications

  • BSc, Building Management. University of Cape Town, South Africa.

Experience

Project Development Manager with international experience across four continents and multiple construction sectors

Project Manager and Project Director at global firms;  Mace, Confluence Project Management Dubai

General Manager at Newhaven Capital Group Ltd – New Zealand

Founder of  Morton’s Consulting

Industry experience

Real Estate

Pablo Jiménez Martínez

Project Management Deputy Manager

Education and qualifications

  • Architecture in Universidad de Sevilla, Spain. Architect

Experience

Project Management and technical manager at development firms;  Prime Invest, Sotogrande S.A. or Bekinsa

Design Manager in TYPSA – Riyadh. Kingdom of Saudi Arabia

Industry experience

Real Estate

Emilio Fajardo Butler

Asociated Technical Architect

Education and qualifications

  • Technical Architecture in Universidad de Sevilla, Spain

Experience

Technical Director at Inversiones Tembo del Sol, 1998 – 2003.

Contractor Site Director at JOTSA, 1994-1998

Founder of FABEM Direcciones y Proyectos, since 2004

Industry experience

Real Estate

Amany van Heteren

Finance & Operations & Sales

With an academic background in Economics, Agriculture, and Equine Science in Germany, she brings a multidisciplinary perspective to operational and development-focused projects.

As Assistant to the CEO and Manager of Operations & Financial Controlling, she supports executive decision-making while overseeing operations, financial controlling, and project coordination. Her work spans nature parks, equine centers, hospitality, and mixed-use developments, combining strategic thinking with hands-on execution.

She works confidently in international environments and communicates fluently in German, English, and Spanish.

Agustín Liñán Galán

Fiscal and Accounting

Agustín is a professional with more than 28 years of experience in administration, accounting and taxation, with a solid career developed across a variety of business and professional environments. His profile is characterized by extensive practical experience, a broad understanding of business management, and a strong ability to adapt to different industries, organizational structures and working environments.

Throughout his career, he has held responsibilities related to administrative, accounting and tax management, as well as service provision and business activities, taking on different levels of responsibility within organizations of diverse nature.

His professional career reflects strong management skills, commitment and consistency, along with an extensive and proven track record demonstrating in-depth knowledge of business administration and management.

Jordan Raven

Sales Department

Jordan Raven is based in Marbella and works at Verde Property Group, where he is responsible for commercial activities and contributes to the management of the company’s social media.

His role brings together client communication and customer relations with the creation and management of social media content, helping to strengthen the company’s communication and digital presence. He stands out for his professional attitude, excellent communication skills, and results-oriented approach.

His background in sales and social media allows him to thrive in dynamic professional environments, where communication, creativity, and strong interpersonal skills are key.

Juan Delgado

Marketing Department

Juan is an engineer with a Master’s Degree in Renewable Energy Internationalization, combining a solid technical background with a strategic vision focused on the international growth of the energy sector.

With over 10 years of experience in digital marketing across all its variants, he is a true digital growth enthusiast, always keeping up with new tools, channels and strategies to drive business growth.

He currently leads lead generation campaigns and their management, bringing an analytical, results-driven approach to capturing and converting business opportunities.

Albert Roy Lyons

Oil & Gas projects advisor

Roy Lyons has 40 years of experience in the oil and gas sector, in the United States and internationally, with extensive knowledge of commercial, operations and large-scale project management in upstream and petrochemicals.

He was an executive at ConocoPhillips, including stints as President of ConocoPhillips Latin America and President of ConocoPhillips China.

He holds a degree in Chemical Engineering from Oklahoma State University and is currently the owner and Managing Partner of Prformance Ventures LLC.

Antonio Castilla

Deputy General Manager

Antonio has worked as HR Director across multiple sectors, including Hospitality & Leisure, Industrial, Services and Education.

Since 2002 he has been an associate professor in the People Management Department at EADA, and since 2014 in the Social Psychology (HR) area at the Universitat Autònoma de Barcelona, alongside various publications in the field of HR.

He holds degrees in Labour Relations and Labor Science, a postgraduate in Social and Labour Audit, an Executive MBA from EADA, a Ph.D. in Psychology of Organizations and Management from UAB, and completed the Managing the Company of the Future program at London Business School.

Manuel Gámez

Fiscal and Accounting Manager

Manuel specializes in taxation, accounting, financial control and business management. Throughout his professional career, he has worked both at advisory firms and international corporate groups, taking on roles of responsibility in the financial, tax and accounting areas.

He has experience in tax planning, accounting supervision, financial analysis, budgetary control and the optimization of internal procedures, as well as in restructuring processes, systems implementation, and coordination with auditors, external advisors and public administrations. Within ZM Capital, he is responsible for Operations as well as the Tax and Accounting area, bringing a cross-functional perspective focused on rigor, efficiency and sound decision-making.

He holds a degree in Economics and Business Sciences from the University of Málaga and an MBA in Business Management from the Consejo Superior de Cámaras de Comercio de España (Spanish Chamber of Commerce). He is fluent in Spanish and English.