NEW YORK, March 22, 2018 /PRNewswire/ -- Jaguar Growth
Partners (Jaguar) is pleased to announce today that Corporación
Inmobiliaria Vesta, S.A.B. de C.V. (BMV: VESTA) ("Vesta") has
appointed Thomas McDonald to its
Board of Directors. Mr. McDonald, Managing Partner of Jaguar, will
also serve on the company's Investment Committee.
Vesta, a Jaguar portfolio company, is a leading real estate
owner, developer and asset administrator of industrial buildings
and distribution centers in Mexico. In May
2017, Jaguar acquired a 5% strategic minority stake in
Vesta.
"We look forward to benefitting from Thomas' 20 years of
industry experience across Latin
America and his contribution to Vesta's 20/20 plan, and
beyond," said Lorenzo Berho Corona,
Chairman and CEO of Vesta."
"Vesta's founders and their seasoned management team have built
a leading, institutional industrial property platform. We
appreciate the invitation to join the board and look forward to
contributing our experience in Mexico and in the sector, and assist Vesta in
continuing to be recognized as a leader in terms of their
multi-faceted growth strategy and corporate governance," said Mr.
McDonald.
Mr. McDonald has over 20 years of emerging markets investing
experience and is currently a Managing Partner of Jaguar Growth
Partners, an investment management firm specializing in real estate
private equity in growth markets globally. Mr. McDonald is a member
of the boards of Aliansce Shopping Centers, Latam Logistics
Properties, and Hoteles City Express, the portfolio companies in
Jaguar's inaugural fund. Mr. McDonald graduated from the
University of Notre Dame and received
his M.B.A. from the University of
Chicago's Booth School of Business.
About Jaguar Growth Partners
Headquartered in New York with an
office in Sao Paulo, Jaguar Growth
Partners is a privately-held investment management firm
specializing in real estate private equity in growth markets
globally. Founded in 2013 by Gary
Garrabrant and Thomas
McDonald, Jaguar invests in and develops scalable real
estate operating platforms and companies poised to grow in emerging
economies characterized by an expanding middle-class and attendant
consumerism, aspirational youth, urbanization and inefficient
access to capital. Jaguar invests through managed funds,
exclusively focused on Latin
America. Jaguar plans to commence activities in Asia in 2018, initially focusing on high-yield
debt investment in India. Jaguar
is distinguished by an active investment style working in close
collaboration with local operating partners. Jaguar is a member of
the Pension Real Estate Association, Emerging Markets Private
Equity Association, Latin American Private Equity & Venture
Capital Association and the Institutional Limited Partners
Association. Please
see www.jaguargrowth.com or @JaguarGrowth for
additional information.
About Vesta
Vesta is a real estate owner, developer
and asset administrator of industrial buildings and distribution
centers in Mexico. As of
September 30, 2017, Vesta owned 147
properties located in modern industrial parks in 13 states of
Mexico totaling a GLA of 24.6mm
sf. The Company has multinational clients, which are focused in
industries such as aerospace, automotive, food and beverage,
logistics, medical devices, and plastics, among others.
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SOURCE Jaguar Growth Partners