Press release

Ashmore Colombia expands private infrastructure portfolio with three logistics acquisitions

Bogotá, Colombia – February 27th, 2025

Ashmore Colombia, a subsidiary of Ashmore Group plc, the specialist Emerging Markets asset manager that manages US$48.8 billion (as at 31 December 2024), is pleased to announce three acquisitions to strengthen its position as a key investor in the region’s logistics sector. The investment is through Ashmore Colombia’s third private equity fund, Fondo Ashmore Andino III – FCP and Ashmore Andean Fund III, LP.

Ashmore Colombia, which manages US$1.5 billion (as at 31 December 2024) in client assets across Private Equity, Infrastructure Debt and local active long-only Public Equity funds, has acquired two build-to-suit distribution centres located in Cali, Colombia, from Fideicomiso PA Pactia (“Pactia”). 

Additionally, Ashmore Colombia has secured 100% ownership of a multi-tenant distribution centre located in Cundinamarca, Colombia after acquiring the stakes from Pactia and Fondo de Inversión Colectiva Inmobiliario Visum Rentas Inmobiliarias (“Visum”).

These acquisitions strengthen Ashmore Colombia’s position as a key investor in the region’s logistics sector, with a total portfolio of more than 140,000 square meters of leasable space. 

Ashmore Andean Fund III’s wider portfolio also includes renewable energy generation and critical infrastructure projects across Latin and Central America.

Camilo Villaveces, CEO of Ashmore Colombia, said: “We are delighted to have completed these acquisitions, as we continue our commitment to developing Colombia’s logistics sector to meet the growing demand for high-quality infrastructure and further strengthen our position as a trusted private markets investor in the country.”

About Ashmore Colombia

Ashmore Colombia is an asset manager founded in 2009, with offices in Bogotá and Lima, investing across Colombia, Peru, and selectively in Central America. Leveraging one of the largest on-the-ground teams in the region, Ashmore Colombia draws on decades of experience on infrastructure transactions throughout Latin America. Ashmore Colombia is part of Ashmore Group plc’s network of local asset management offices. Ashmore Group is a leading specialist in Emerging Markets investment management, with $48.8 billion in assets under management.

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