Southern Bridge Capital Closes SBC Latin America Housing Fund at US$150 Million (Latin America)
Source: Southern Bridge Capital
Latin America-focused private equity real estate fund manager Southern Bridge Capital (SBC) has closed its SBC Latin America Housing Fund with committed capital of US$150 million in committed capital. SBC raised capital from public and private pension funds, multilaterals, funds of funds, charitable foundations and family offices. The fund seeks to invest in low- and middle-income housing developments in Peru, Colombia, the Dominican Republic and Panama, and would co-invest with local real estate developers. The fund has already made six investments in Peru, Colombia and the Dominican Republic.