ATHOLL SIMPSON, CITYWIRE AMERICAS
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Fund Launch Mar 11, 2024
The Inter Resia Opportunity fund is looking to raise $30m in capital from non-US investors.
By Atholl Simpson
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Brazilian digital bank Inter&Co has joined forces with Miami-headquartered real estate developer Resia to launch a private equity opportunity fund that will invest inaffordablehousing developments.
The Inter Resia Opportunity Fund I aims to raise $30m in capital to develop the Resia Golden Glades, an affordable housing project in Northern Miami.
The fund is designed to provide international non-US investors access to a ‘family’ of investment funds focused on private equity multifamily development that were previously available only to ultra-high net worth individuals, the groups said in an announcement. Investments in the fund can start as low as $2,000 in the Brazilian funds.
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