Credicorp Capital Raises More Than US$100 Million for Fondo Renta Residencial II (Latin America)
Source(s): Diario Financiero
South America-focused asset management firm Credicorp Capital, in partnership with real estate developer Greystar Real Estate Partners, has raised more than US$100 million for its Chile-focused real estate fund, Fondo Renta Residencial II. Investors in the fund include family offices and insurance companies. The fund will invest in five to seven residential projects managed by Greystar in Santiago’s eastern neighborhoods.