Jaguar RE Fund I

active

The project entails an IFC equity commitment of up to $25 million, not to exceed 20% of total commitments, in Jaguar Real Estate Partners LP (the “Fund”), an 8-year closed-end private equity fund raising about $300 million to make control or significant minority investments in 5-6 real estate platform companies in Latin America.The Fund will target 4-5 investments of US$40-70 million each with an average of a 4-7 year holding period with the following estimated geographical distribution: (i) ~20-30% in Andean/Central American region; (ii) ~20% in Mexico; (iii) ~20% in Argentina; and (iv) ~30-40% in Brazil. Jaguar’s intended diversification strategy is multidimensional: (i) by geography within Latin America; (ii) by subsector, primarily including industrial and retail; and (iii) by stage of evolution in the life-cycle of the investee companies (green-field, value, growth plays).