Terranum Capital Latin America Real Estate Fund II has held a final close on $268.3 million. The fund will invest in residential, commercial and industrial real estate projects in Peru, Colombia and Mexico.
The firm’s debut fund, Terranum Capital Latin America Real Estate Fund I, closed on $236.2 million in June 2013. Investors in this vehicle included Colfondos S.A. and Skandia Pensiones y Cesantías.
Hodes Weill Securities, LLC acted as the exclusive placement agent for Terranum Capital Latin America Real Estate Fund II.
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