VR International Sport Horses

Investing in show jumping horses

Investment

Invest in talent. Share in its future.

At VR International Sport Horses we bring investment and equestrian sport together through development projects for young show jumpers. We select horses with potential, manage their training and sporting career, and look for sales opportunities when they reach the right moment.

Our thesis

How we aim to create value

Selection, training and experience in the ring can broaden a horse’s commercial prospects. Our work focuses on identifying its qualities, developing its preparation and documenting its progress. The sale depends on that progress and on finding the right buyer.

Expected progress Progress other than expected Purchase price

Our criteria

Each horse’s bloodlines, in plain sight

We select on bloodlines and on individual qualities. These are the lines of the horses that currently make up the project. Benjamín Fernández Alanzor leads their sporting development and provides a first-hand assessment of their progress, both at work and in the ring.

View the horses

Transparency

How we measure results

The return on a deal is calculated from the money paid in and the amount received on sale, after the relevant costs. The holding period matters too: a higher sale price does not guarantee a higher profit.

Costs included in every calculation

  • Purchase and acquisition costs
  • Training and upkeep
  • Veterinary care and farrier
  • Travel and competition
  • Insurance, where applicable
  • Marketing and sales commission
Net result
Receipts − paymentsWhat is received minus every payment attributable to the horse, with all costs included and any exclusions shown.
Return on capital
Result ÷ capitalThe result relative to the capital paid in. It is the return over the full cycle, from purchase to sale, not an annual return.
Cash multiple
Receipts ÷ capitalWhat is received relative to what was paid in: 1.00× means recovering exactly the capital contributed.
Investor IRR
Amounts and datesThe annual return based on each investor’s actual contributions and receipts, calculated from their own cash flows.

Co-investment

Invest through shares

Acquire shares in horses selected by our team. We share the upkeep costs and the profits generated both in competition and through the increase in value for their subsequent sale.

One horse, several shares
  • We select and manage

    The team chooses the horse for its bloodlines and qualities, and takes care of its training, competition and sale.

  • We share the costs

    Upkeep, training and competition costs are split according to your share.

  • We share the profits

    What is generated in competition and by the increase in value on sale, in the same proportion.

Private presentation

The figures for each project, in private

Every project has its own budget, expected timeline and sale scenarios. We share them in a private, personalised presentation, with the assumptions and costs included.

Request a private presentation

For professional investors

One horse or a portfolio

If you represent a fund or are considering a professional investment, let’s talk about the kind of project you are looking for. A partnership can be structured around a single horse or a portfolio, with capital, management criteria and participation terms defined for each case.

One horseA specific project, with its own budget, expected timeline and sale scenarios.
A portfolioSeveral horses at different stages, with shared management criteria and joint monitoring.

What we share in every project

  • Analysis per horseBudget, expected timeline and sale scenarios, with the assumptions and costs included.
  • Monthly reportingCosts, cash position and the horse’s sporting progress, prepared by the team.
  • Variance controlAccumulated spending against budget, and a reviewed sale timeline.
  • Agreed decisionsWho approves expenses and the sale is defined before the project starts.

RiskThe value of a horse can fall. An injury, sporting progress other than expected or a later sale can lead to losses, including the total loss of capital. Returns, recovery of the contribution and the exit date are not guaranteed.

Discuss an investment project