(iEco) February 4, 2011 – Former Spanish Prime Minister Felipe Gonzalez, has created an investment fund called Tagua Capital with a select group of Iberian executives, including former executives of Goldman Sachs, Merrill Lynch and IBM.

Initially, the fund will be between 120M and 150M million euros (approximately between US$163M and US$203M) to invest in innovative companies in Spain and Latin America, according to Spanish daily Expansion.

The fund will look at companies mainly in Brazil and Mexico with an emphasis on sectors including life sciences (biotechnology), clean energy (biofuels) and information technology.

To read the original article in Spanish, click here.