Insight

Cordillera Investment Partners wraps up third fund at $443m

Fund III will focus exclusively on niche, non-correlated assets, primarily in the U.S.

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  • The fund’s limited partners include endowments and foundations, family offices, registered investment advisors and other institutional investors
  • Ropes and Gray LLP served as fund formation counsel
  • No placement agent was used

Cordillera Investment Partners has closed its third fund at $443 million.

Fund III will focus exclusively on niche, non-correlated assets, primarily in the U.S.

The fund is targeting twelve deals and has already made eight direct investments in companies including Galway Sustainable Capital, Suntex Marina Investor and Made In Network.

Fund III’s limited partners include endowments and foundations, family offices, registered investment advisors and other institutional investors.

“We are grateful for the commitments we’ve received from our new and existing LPs for our largest fund to date, which reinforces investor interest and confidence in non-correlated assets as a compelling diversifier in their portfolios,” said Chris Heller, founder and managing partner. “The competition for alpha is high and we believe the opportunities with the greatest potential for growth over the long term can be found in the untapped sectors of the global economy, which are ripe for capital.”

Ropes and Gray LLP served as fund formation counsel. No placement agent was used.

Based in California, Cordillera was founded in 2014. Cordillera manages over $1.5 billion of capital.