Jaguar Growth Partners, a NYC-based private equity firm focused exclusively on real assets in growth markets globally, has opened an office in Sao Paulo, Brazil.
Jaguar Growth Investimentos do Brasil Ltda, will be headed by Christian Klotz and Ricardo Costa, two recent additions to the firm’s team.
The new office establishes Jaguar’s presence in Latin American with investment and asset management activities in Brazil and throughout the region.
Founded in 2013 by Gary Garrabrant and Thomas McDonald, Jaguar Growth Partners is an investment management and advisory firm specializing in real estate private equity in growth markets globally. Jaguar invests in and develops scalable real estate-related operating platforms and companies poised to grow in markets characterized by an expanding middle class, aspirational youth, urbanization and other secular trends found in emerging global economies.
Prior to joining Jaguar, Mr. Klotz co-founded UJAY Capital, an investment fund focused on Brazilian and Latin American listed equity and macro securities. At UJAY, he was the portfolio manager of the long-short equity fund with investments in various sectors including real estate, while based in Sao Paulo. Prior to UJAY Capital, Mr. Klotz was a portfolio analyst at Pollux Capital, a Brazilian based asset manager. He has served as a director for several publicly-listed real estate and industrial companies in Brazil including Abyara (Bovespa:ABYA3) and Portobello (Bovespa:PTBL3).
Prior to joining Jaguar, Mr. Costa was a Partner at Gavea Investimentos, one of the largest alternative investment managers in Brazil with over US$7 billion in assets under management, controlled by JP Morgan Asset Management. He joined the private equity division of Gavea in December 2010 as a Principal, becoming a Partner in January 2013. At Gavea, Mr. Costa led several investments in the retail, logistics, services and telecom sectors, and was a Board Member of Camisaria Colombo, CSS (Cell Site Solutions), Rumo Logistica and Simpress.
In October 2013, he assumed the CFO role and interim management of CSS, a co-investment of Gavea and Goldman Sachs Merchant Banking capitalizing on the opportunity to explore the growing telecom towers market in Brazil.
From 2005 to 2010, Mr. Costa worked as an Associate at Votorantim Novos Negocios, the private equity and venture capital arm of Votorantim Group, one of the largest Latin American industrial conglomerates, where he was responsible for the investments in IT/BPO (Business Process Outsourcing) and Services sectors.
FinSMEs
22/10/2015