Platform to Provide Flexible Credit Solutions to Companies in Emerging Markets
NEW YORK and BOGOTA, Colombia, December 10, 2020
TC Latin America Partners (“TC Latam”), an institutional real estate fund manager focused in Latin America, today announced the launch of TC Credit Partners (“TCCP”), an investment platform that will provide flexible credit solutions to small and medium sized companies in emerging markets.
Founded in 2012, TC Latam is an institutional real estate investment manager that takes an opportunistic approach to investing across the real estate spectrum in Latin America, ranging from residential and commercial projects to technology-based infrastructure including cellular towers and data centers. The firm is headquartered in New York, with regional offices in Lima, Bogotá, and Mexico City. In 2016, TC Latam broadened its platform to include investment opportunities in the U.S. through the launch of TC US Partners, a real estate investment manager specializing in domestic enterprise and programmatic ventures with a primary focus on dynamic growth markets.
With over a decade of experience executing private equity and real estate investments across Latin America, TC Latam has formed TCCP to meet the increasing demand from companies in emerging markets for capable lenders who can provide bespoke, accretive financing solutions. TCCP will provide an array of credit solutions to mid-market companies across Latin America, Africa, Eastern Europe and Asia, that have strong management teams and leading market positions, as well as quantifiable and actionable growth strategies. While TCCP’s strategy will initially be anchored in Latin America where TC Latam has an established local presence, the firm will simultaneously leverage the extensive local networks and investment track record of the TCCP partners to opportunistically invest in other emerging market regions.
TCCP will be led by Co-founder and Chief Investment Officer Christopher Wilder, an industry veteran with more than 25 years of experience managing credit investment strategies in emerging markets, and will be further supported by TC Latam’s Co-founders Gregorio Schneider and Daniel Grunberg. Mr. Wilder, Mr. Schneider and Mr. Grunberg have known each other for more than 15 years and have previously partnered together and executed several successful emerging markets private credit and special situations transactions.
“We established TCCP because of the growing demand from middle market companies across the globe, for lenders who understand their unique needs and can provide longer duration, non-dilutive, flexible credit alternatives,” said Mr. Schneider. “The TCCP platform builds on our long history of successfully providing capital solutions for our partners and we look forward to utilizing our deep experience in emerging markets to partner with differentiated businesses and capitalize on this growing opportunity set.”
“We are pleased to announce the launch of TCCP under the leadership of such an experienced investment professional, and someone we have known and respected for years. With Chris’ deep expertise managing credit investment strategies in emerging markets, we have strong conviction that he is the right person to lead this platform,” said Mr. Grunberg. “TCCP already has a strong pipeline of opportunities, and we are ideally suited to provide well-positioned businesses with credit alternatives.”
“Having known and invested alongside Gregorio and Daniel for many years, I have first-hand knowledge of their sophisticated approach to investing and the deep experience they and their team bring to the table – from sourcing capabilities and investor relationships to an on-the-ground presence in key local markets in Latin America,” said Mr. Wilder. “I look forward to working closely with them to launch and establish TCCP as a premier alternative provider of essential capital for a wide range of promising and growing companies.”
About TC Credit Partners
Founded in 2020, TC Credit Partners (“TCCP”) is an investment platform that provides flexible long-term credit solutions to small and medium sized companies in emerging markets. TCCP is targeting mid-market companies across Latin America, Africa, Eastern Europe and Asia that have strong management teams, leading positions in the sector and quantifiable and actionable growth strategies. TCCP was founded by Christopher Wilder, Gregorio Schneider and Daniel Grunberg, who have known each other for more than 15 years and have successfully partnered on several investment opportunities in emerging markets, private credit and special situations transactions. For more information, please visit www.tccreditpartners.com
About TC Latin America Partners
TC Latin America Partners is an institutional real estate fund manager that invests with an opportunistic approach in the real estate sector in Latin America. The Firm is registered as an investment adviser with the SEC in the United States, and has offices in New York, Bogotá, Lima, and Mexico City. TC Latam was founded in 2012 by Gregorio Schneider and Daniel Grunberg, who have worked together in various capacities since 2005. For more information, please visit www.tclatam.com