OPIC commits $100 million to Paladin

Overseas Private Investment Corp. (OPIC) has committed to $100 million to Paladin Realty Latin America Investors IV (LatAm IV), a new investment fund sponsored by Paladin Realty Partners. The fund, which held its initial closing earlier this year at $75 million and has a target capitalization of $400 million to 600 million, aims to build thousands of affordable housing units throughout Latin America.

“We are thrilled to partner with this innovative U.S. investment firm to bring these development-stage projects to realization,” Elizabeth Littlefield, OPIC president and CEO, says