Brilla Group Closes the First Colombian Private Equity Fund Dedicated to Hotels & Resorts

BOGOTA, Mar 27, 2012 (BUSINESS WIRE) -- Brilla Group, a Miami-based private equity firm focused on the luxury beachfront hotel and resort asset class in South Florida, the Caribbean, México, Central America, and Colombia, completed the first closing for its Colombian Beachfront Hospitality Private Equity Fund on February 1st, 2012. This local vehicle, regulated by the Colombian Financial Superintendent (Superintendencia Financiera de Colombia) and administered by Fiduciaria Bancolombia, has US$30 million in committed equity from Colombian institutions, including Bancoldex (Colombia’s Foreign Trade Bank) and local pension funds.
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