Patria Investments has plans to acquire Nexus Capital, one of the top independent alternative real estate asset managers in Colombia, with approximately $800 million in assets under management.
Upon the completion of the acquisition of 100 percent of Nexus, Patria’s Real Estate AUM in Colombia will be more than $ 2.2 billion. The transaction is expected to fully close by third quarter 2024.
“Nexus has a robust portfolio within the Colombian Real Estate market,” said Alfonso Duval, partner, and head of Andean Region at Patria. “With a solid track record and innovative investment approach, it will be a great addition to our real estate platform, contributing to our growth goals and strengthening our relationships with investors in Colombia and the region. This transaction highlights our commitment to offering a diversified array of high-quality alternative products to our clients.”
In recent years, Patria has made significant progress toward scaling and
