Ithaca Asset Management, a new private-capital vehicle in Colombia, launches with a strategy focused on long-term growth investment in mid-sized companies. The initiative is co-founded by Eduardo Pacheco. According to the reports, the fund targets profitable mid-sized businesses with sustainable competitive advantages, aiming to invest in resilient sectors.
The first announced investment is COP$20,000 million, reported as approximately US$5 million, directed to CFC Cafarcol, a packaging manufacturer. The sources describe Ithaca’s approach as providing long-term capital rather than short-term financing, aligning with its stated goal of supporting companies’ continued growth.
While the coverage highlights the vehicle’s launch, its co-founder, the initial deal size, and the intended target company type, it does not provide additional detail on expected holding period, ownership stakes, or further pipeline of investments. The information is limited to the fund’s launch announcement and its first disclosed transaction.
