Industry | Private equity |
---|---|
Founder | Sam Zell |
Headquarters | Chicago, Illinois |
Key people | Sam Zell, Tom Heneghan, Ira Chaplik |
Number of employees | 45 |
Website | www.equityinternational.com |
Equity International is a private equity firm founded by Sam Zell to invest in real estate in markets outside of the United States. Since its founding in 1999, it has invested in 28 companies. [1]
In 2002, Equity International invested $32 million in Mexican home builder Homex. The firm divested from Homex in 2008. [2]
In 2005, the firm made a $50 million investment in Brazilian property company Gafisa. [3] In 2010, the firm sold a significant portion of its shares in Gafisa. [4]
In 2006, the firm made its first investment in China, a $10 million investment in Xinyuan Real Estate, a Chinese homebuilder based in Zhengzhou. [5] Xinyuan Real Estate became a public company via an initial public offering in 2007. [6]
In 2008, the firm invested in Chinese logistics and warehousing company Shanghai Yupei Group. The investment was sold in 2011. [7]
In 2011, the firm closed its 5th investment fund, with capital commitments of $650 million. [8]
In 2016, the firm invested $125 million in Estapar Participações SA, an operator of parking lots in Brazil. [9]
In 2017, the firm made a $29 million investment in Grupo Acosta Verde, a developer, owner, and manager of shopping centers in Mexico. [10]
In March 2020, the firm announced an investment in Stanza Living, an Indian student housing and shared living operator. [11]