New Colombian fund finds administrator 28 March 2012Bogota Reporter: Georgina Lavers
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A private equity fund focused on the luxury beachfront hotel and resort asset class will be administrated by Fiduciaria Bancolombia.
Brilla Group, a Miami-based private equity firm, completed the first closing for its Colombian Beachfront Hospitality Private Equity Fund on 1 February 2012.
The fund will be administered by Fiduciaria Bancolombia of Grupo Bancolombia. Fiduciaria Bancolombia is the largest fiduciary company in the Colombian market, with 900 trusts under administration.
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