Javier Arús is the portfolio manager of Carey and specialises in hotels and corporate restructurings. Javier Arus has been responsible for the restructuring of Carey fund after the mandate of its management by Azora. This restructuring has led to the successful conclusion of the majority of existing litigation, refinancing the vehicle and reducing debts, pulling the fund from the pre-bankruptcy situation prior Azora’s management, allowing thus its viability. Prior to joining the Azora Group in 2010, he worked for 15 years at Banco Santander, where he held different positions in Investment Banking, Asset Management and Private Banking within the Group. In 2004, Mr. Arús was appointed chief executive officer of Banco Santander Suisse and in 2007 chief executive officer of the Santander Private Banking International Division.