Jaguar Growth Partners Enters U.S. Market With $24 Million Acquisition of Multi Property Residential Platform in New York City
May 02 2024 - 4:05PM
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 York City in particular, are
poised to continue growing as demographic changes fuel the need for
additional housing. This is an important first step and we look to
additional investments leveraging our experience and relationships
with institutional Latin American capital.”
“Due to the lack of recent new development, there is a lack in
supply of highly renovated units in prime neighborhoods of New York
City creating a unique opportunity to take advantage of the demand
from young professionals that want access to the amenities of New
York City. PEAK is excited to partner on their first transaction
with Jaguar and one of their institutional capital partners that
contributed a hands-on approach,” said Alex Rabin, Managing Partner
and Principal of Peak Capital Advisors.
About Jaguar Growth Partners
Headquartered in Miami with affiliated offices in Latin America
and Asia, Jaguar is a privately held investment management firm
focused on real estate companies and operating platforms. Founded
in 2013, drawing from decades of experience, Jaguar actively
collaborates with accomplished local entrepreneurs and leading
institutional partners, to optimize both asset and enterprise value
in the most compelling regions, countries and business sectors
around the globe. Please see www.jaguargrowth.com for additional
information.
About Vinci Partners
Vinci Partners is a leading alternative investment platform in
Brazil, established in 2009. Vinci Partners' business segments
include private equity, public equities, real estate, credit,
infrastructure, special situations, investment products and
solutions and retirement services, each managed by dedicated
investment teams with an independent investment committee and
decision-making process. We also have a financial advisory
business, focusing mostly on pre-initial public offering, or
pre-IPO, and merger and acquisition, or M&A, advisory services
for Brazilian middle-market companies. Please see
www.vincipartners.com for additional information.
About PEAK Capital Advisors
PEAK is 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. All real
estate transactions require a hands-on and systematic approach. Our
team has consistently delivered results through intense focus and
care for our buildings and investors. Over the years, we have
created beautifully designed homes for our residents, and achieved
above-market returns for our investment partners.
Peak leverages knowledge and experience to perform at a
high-level. Our team was built on a foundation of trust, integrity,
and intelligence. This has and continues to create exceptional
partnerships. Please see www.peakcapitalre.com for additional
information.
Media Contacts
Jaguar Media Contact: Zach Kouwe/Kendal
TillDukas Linden Public RelationsJaguar@dlpr.com
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