VINP - Jaguar Growth Partners Enters U.S. Market With $24 Million Acquisition of Multi Property Residential Platform in New York City | Benzinga
NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Jaguar Growth Partners ("Jaguar"), a privately-held investment management firm specializing in real estate private equity globally, today announced the acquisition of four distinct multi-family buildings in New York City with a combined purchase price and re-development cost of $24 million.
For the acquisition, Jaguar partnered with Vinci Partners (NASDAQ:VINP), a leading Brazilian asset manager, and PEAK Capital Advisors, a vertically integrated real estate company focused on acquiring and redeveloping value-add multifamily, office, and mixed-use assets in prime New York City neighborhoods. The transaction marks the launch of Jaguar's investment activity in the United States and is expected to be the first of a series programmatic investment ventures comprised of Real Estate equity and debt.
"We are thrilled to announce the close of these acquisitions and the launch of Jaguar's investment activity in the U.S.," said Thomas McDonald, Managing Partner and Head of Americas at Jaguar. "We believe the U.S. market, and New ...