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SUNDAY, NOVEMBER 1, 2026 · ISSUE No. 217

B1 · IntermediateAdapted from Expansión

EY Hires Six A&M Pros to Boost Private Equity Business

EY ficha a seis profesionales de A&M para reforzar su negocio de capital riesgo

Sep 18, 20261 min readGraded Spanish · word-by-word audio

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EY refuerza su negocio de capital riesgo con la incorporación de seis profesionales que antes trabajaban en Alvarez & Marsal (A&M). Según varias fuentes del mercado, la compañía quiere crecer en el área de asesoramiento a fondos de private equity. Este movimiento es importante para EY porque el capital riesgo es un sector muy competitivo.

Este equipo reforzará EY-Parthenon, la marca de estrategia y transacciones de EY. En particular, trabajarán en el asesoramiento a fondos de private equity durante el proceso comercial de due diligence antes de comprar compañías. La due diligence es un análisis detallado que se hace antes de una adquisición.

Federico Linares lidera EY en España. Con esta operación, la firma busca ser más fuerte en un área donde la competencia es muy alta. La llegada de Rodrigo Rodríguez y su equipo muestra que EY apuesta por el talento y quiere mejorar su posición en el mercado del capital riesgo.

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Watch out, English speaker

Spanish relative clauses with 'en la que' or 'donde' often translate to 'where' or 'in which' in English, but English speakers may forget that 'donde' is not a direct equivalent of 'where' in all contexts. For example, 'la firma en la que trabajó' literally means 'the firm in which he worked,' but English speakers might incorrectly use 'donde' as a standalone relative pronoun without a preposition. Remember that 'donde' can replace 'en el que/la que' when the antecedent is a place or abstract noun, but it's not used for time expressions like 'when'. Spanish future tense is formed by adding endings to the infinitive, unlike English which uses 'will' + verb. English speakers might try to insert a separate word for 'will' (like 'voy a' or 'va a') instead of conjugating the verb. For instance, 'reforzará' means 'will strengthen,' but learners might mistakenly say 'va a reforzar' in formal writing where the simple future is preferred. Also, the future tense in Spanish can express probability or conjecture, which English does not do with 'will' alone. Spanish vocabulary often has false friends or different usage. For example, 'competencia' can mean both 'competition' and 'competence,' so context is key. 'Apostar' usually means 'to bet,' but in business contexts it means 'to commit to' or 'to bet on,' which English speakers might not expect. 'Socio' means 'partner' in a business sense, not just a friend or member, so translating it as 'member' could be misleading.

Key vocabulary

  • reforzarv.

    to strengthen, reinforce

    “EY refuerza su negocio de capital riesgo.”— EY strengthens its private equity business.

    Pattern reforzar el negocio: to strengthen the business

    Compare fortalecer (to strengthen)

    yo refuerzo, tú refuerzas, él refuerza; past reforcé

    💡 re- (again) + forzar (to force) → to apply force again → to strengthen. Note the o→ue stem change.

  • incorporaciónf.

    incorporation, addition

    “La incorporación de seis profesionales es importante.”— The addition of six professionals is important.

    Pattern incorporación de personal: staff onboarding

    Compare entrada (entry)

    plural incorporaciones

    💡 From the verb incorporar (to incorporate); nouns ending in -ción are usually feminine.

  • asesoramientom.

    advisory, consulting

    “Trabajan en el asesoramiento a fondos de private equity.”— They work in advisory for private equity funds.

    Pattern asesoramiento a fondos: advisory services for funds

    Compare consultoría (consulting)

    plural asesoramientos

    💡 From asesor (advisor); nouns ending in -miento are usually masculine.

  • fichajem.

    signing, hire

    “EY se refuerza con seis fichajes.”— EY strengthens itself with six signings.

    Pattern fichaje estrella: star signing

    Compare contratación (hiring)

    plural fichajes

    💡 From fichar (to sign); commonly used in sports and corporate recruiting.

  • sociom.

    partner, member

    “Vuelve como socio de cuota.”— He returns as an equity partner.

    Pattern socio de cuota: equity partner

    Compare asociado (partner)

    feminine socia; plural socios

    💡 From Latin socius (companion); in business it means partner.

  • décadaf.

    decade

    “Trabajó durante casi una década.”— He worked for almost a decade.

    Pattern durante casi una década: for nearly a decade

    Compare decenio (decade)

    plural décadas

    💡 deca- means 'ten', as in decálogo (the Ten Commandments).

  • adquisiciónf.

    acquisition, purchase

    “Antes de una adquisición, se hace due diligence.”— Before an acquisition, due diligence is done.

    Pattern adquisición de compañías: acquisition of companies

    Compare compra (purchase)

    plural adquisiciones

    💡 From the verb adquirir (to acquire); nouns ending in -ción are feminine.

  • competenciaf.

    competition; competence

    “La competencia es muy alta.”— Competition is very high.

    Pattern alta competencia: intense competition

    Compare rivalidad (rivalry)

    plural competencias

    💡 From competir (to compete); it also means 'ability/duty'.

  • apostarv.

    to bet, to commit to

    “EY apuesta por el talento.”— EY bets on talent.

    Pattern apostar por el talento: to bet on talent

    Compare confiar en (to trust in)

    yo apuesto, tú apuestas; past aposté

    💡 Originally meant to place a bet; extended to mean 'to choose to support'. o→ue stem change.

  • liderarv.

    to lead

    “Federico Linares lidera EY en España.”— Federico Linares leads EY in Spain.

    Pattern liderar una empresa: to lead a company

    Compare dirigir (to lead)

    yo lidero, tú lideras; past lideré

    💡 From líder (leader); verb ending in -ar.

Grammar spotlight

Relative clauses: en la que / donde

B1

When the antecedent is a place or an abstract noun, you can use en la que / donde to introduce a relative clause, equivalent to English where / in which. The preposition en is required because verbs like trabajar en algún lugar need it. Donde is more common in everyday speech, while en la que is slightly more formal.

“Él regresa a EY, la firma en la que trabajó durante casi una década.”— He returns to EY, the firm in which he worked for nearly a decade.

⚠️ Do not omit the preposition en; you cannot say la firma que trabajó, because trabajar en algún lugar requires en.

Future tense: infinitive + é/ás/á...

B1

The Spanish future tense is formed by adding the endings é, ás, á, emos, éis, án directly to the infinitive. It is used to express future actions or speculation. Note that all forms except the first person plural carry a written accent.

“Este equipo reforzará EY-Parthenon.”— This team will strengthen EY-Parthenon.

⚠️ Do not confuse it with the conditional (-ía); the future tense has stress on the final syllable.

Sentence patterns to steal

  • EY refuerza su negocio de capital riesgo con la incorporación de seis profesionales.

    EY strengthens its venture capital business by bringing in six professionals.

    [company] refuerza [business area] con la incorporación de [number] profesionales.The company name, business area, and number of people can all be replaced.
  • Él regresa a EY, la firma en la que trabajó durante casi una década.

    He returns to EY, the firm in which he worked for nearly a decade.

    [person] regresa a [company], la firma en la que trabajó durante [time period].The person, company, and time period can be replaced.
  • La llegada de Rodrigo Rodríguez y su equipo muestra que EY apuesta por el talento.

    The arrival of Rodrigo Rodríguez and his team shows that EY is committed to talent.

    La llegada de [person] muestra que [company] apuesta por [something].The person, company, and the object of commitment can be replaced.

What are the "Big Four" and private equity?

EY, along with PwC, Deloitte, and KPMG, is known as one of the "Big Four" accounting firms, providing audit, tax, and consulting services. Private equity funds profit by acquiring companies and improving their operations; before buying, they need to conduct due diligence, a detailed review of the target company's financial and legal status.

Source: Wikipedia: Big Four accounting firms / Private equity

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