Bricapital

Bricapital is a private equity and asset management
firm focused on the hospitality sector
in the Caribbean and Latin America.

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Who We Are

Overview

Bricapital is a private equity and asset management firm focused on the hospitality sector in the Caribbean and Latin America.

Our private equity and acquisition investment partners include institutional investors, high-net-worth individuals and family offices.

We seek to generate lasting value for our investors and for the communities in which we invest.

Why Bricapital

At Bricapital, we apply our extensive know-how to the investment and asset management processes, seeking to maximize returns for our investors through a combination of disciplined capital allocation, active asset management and a commitment to long-term growth and sustainability.

Our team has a wide range of experience in business development, investment structuring, negotiation and execution, real estate and hotel management and operations in various markets. Our knowledge on these industries, as well as our track record within the sector and region, are key factors in our value-creation strategy.

We pride ourselves in being a hands-on manager, increasing the value of each asset through a disciplined and comprehensive methodology and adapting to meet each specific asset’s needs.

 

Guiding Principles

Bricapital’s foundation and competitive advantage is our team of remarkably talented professionals, who are actively encouraged to be innovative and think creatively. We share a philosophy based on a set of core corporate values that define our culture and guide us as a firm:

OUR DRIVERS

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Our Business - Private Equity

Bricapital applies a systematic methodology through all stages of the investment cycle, from the identification of the opportunity all the way through to exit.

Our Approach to Investing

Our approach is based on rigorous research and a thorough due diligence process to identify and execute transactions in which we carefully measure and mitigate risks, while identifying drivers that increase value and returns.

Create solid financial models to assess the risks associated with the underwriting structure and operational performance of a specific investment.

This comprehensive business approach is key to achieving attractive long-term returns for our investors.


Our Investment Strategy

Our initial investment strategy focused on oceanfront luxury hotels and development land in resort destinations in South Florida, the Caribbean and Mexico. The investment strategy has now expanded to include the Latin American region as well as business hotel assets, especially those located both within both major urban centers and secondary market cities, with favorable demographic and economic characteristics.

This evolution in strategy was also accompanied by a cultivation and strengthening of our executive team and expansion of offices. Currently, the firm has a multidisciplinary team specialized in both the targeted asset class in its different industry segments, and the regions in which it invests.

Our Market

Bricapital concentrated its efforts in the creation and implementation of institutional investment funds targeting Latin America. We identified Latin America as a key investment target in our strategy, as it would capitalize on our competitive advantages, including our ability to operate effectively through our local operations, our valuable network of strategic partners, and our intrinsic knowledge of the region.

We recognized at a very early stage the region’s potential as an investment destination in the short, medium and long term; especially the countries that make up the Pacific corridor which already had integration plans. This integration is manifested in the creation of the Pacific Alliance, which promotes free trade as a driver for growth among its members (Chile, Colombia, Mexico and Peru) through a number of innovative initiatives, including: facilitating the integration of securities market through the MILA (Latin American Integrated Market), which will be the largest stock exchange in the region with the entry of Mexico.


Track Record

Asset
Type of asset
Location
Acquisition Date
Exit
Islandia
Resorts
Land
Eleuthera, Bahamas
01/2008
In portfolio
The Raleigh hotel
Hotel
Miami Beach, Florida, USA
09/2009
12/2012
Viceroy Zihuatanejo
Hotel
Zihuatanejo, Mexico
11/2010
In portfolio
Cap Juluca
Resort Villas
Anguilla
02/2011
In portfolio
One Bal Harbour
Condo Hotel
Bal Harbour, Florida, USA
02/2011
05/2013
Hotel Isle de France
Hotel
St. Barths, French Antilles
07/2011
08/2013
Bricapital Private Equity Fund
Private Equity Fund
Bogota, Colombia
09/2012
In portfolio
Hyatt Regency Cartagena
Hotel
Cartagena, Colombia
12/2013
In portfolio
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Our Companies

We currently have operations in Colombia and Mexico, and plan to enter Peru by 2015.
Our team serves as support to the local dedicated platforms that continue Bricapital’s investment strategy in the Latin American region.

Bricapital Colombia

Colombia-based private equity firm specialized in the Colombian hospitality sector.

Bricapital-IGS

Mexico-based private equity firm specialized in the Mexican hospitality sector. This entity is a joint venture with Grupo IGS, a local leading real estate firm that purchases, develops, owns, and operates industrial, residential and commercial properties.

Bricapital Cayman

Special Purpose Vehicles which hold title to hospitality and real estate assets in the Caribbean.

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Leadership

Our team is composed of experienced professionals with a broad array of experience in real estate investing, hospitality, finance, international law, business development, investor relations, and operations.

Our solid reputation and ample network of contacts in the hospitality industry contributes to preferred status among sellers, lenders, and operators, offering us first-look opportunities and access to off-market transactions.

We are then ready to leverage our experience to stabilize, reposition, and manage the asset to create value for the eventual exits and achieve meaningful returns for our investors.

We maintain close relationships with investor groups to collaborate on exits with institutional and individual investors alike.

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Contact Us

info@bricapital.com

Miami – Support Office
Four Seasons Tower | 1441 Brickell Ave. | Suite 1220
Miami, FL 33131
+1.786.375.5600

Colombia – Bricapital, S.A.S.
Carrera 9 | No. 77 - 67 | Oficina 302
Bogotá, Colombia
+57.1.747.0753

Mexico – Bricapital-IGS
Prolongación Paseo de la Reforma I Nº 600 PB, 31-D I Santa Fé
Mexico City, Mexico
+52.55.3098.9000

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