Cordillera Investment Partners LP has closed its debut fund at $197 million. The investors included endowments, foundations, family offices, and wealth advisors. Shartsis Friese LLP advised Cordillera on the fund. No placement agent was used. The firm focuses on making investments in sectors that are “inefficient, misunderstood, and not over-capitalized.”
San Francisco, March 2nd, 2017 — Cordillera Investment Partners, L.P. (“Cordillera”) today announced the final closing of its inaugural fund, Cordillera Investment Fund I, L.P. (“the Fund”), with total commitments of $197 million, bringing the total AUM of the firm to $225 million. The Fund was capitalized by highly regarded endowments, foundations, family offices, and wealth advisors.
Cordillera specializes in unique and less correlated investment opportunities in areas that remain inefficient, misunderstood, and not over-capitalized. The firm has completed investments in various areas including in music royalties, international arbitration, permanent crops and water rights, boat marinas, broadband spectrum licenses, and commercial litigation finance. In addition to these areas, Cordillera is also pursuing opportunities in various other differentiated strategies that are not well known to most institutional investors. The firm invests through various structures including direct investments, joint ventures, co-investments, and specialized funds in which it may be the founding investor.
Cordillera was founded by Agustin “Gus” Araya, Chris Heller, and Ashley Marks, who have spent their careers investing in alternative assets while at Makena Capital Management, the Stanford University endowment, and The William and Flora Hewlett Foundation.
“We are excited about the group of sophisticated and like-minded investors we have assembled, which share our philosophy of seeking attractive risk-adjusted returns and diversification by looking at areas of alternatives that are not already overcrowded with institutional capital,” said the three founders.
Shartsis Friese LLP served as fund formation counsel. Cordillera did not engage a placement agent in connection with the formation of the Fund.
About Cordillera Investment Partners, L.P.
Formed in 2014, Cordillera seeks to provide investors with attractive and uncorrelated returns by investing in unique and undercapitalized alternative investment opportunities. Cordillera currently manages $225 million via the Fund and co-investment vehicles for endowments, foundations, family offices, and wealth advisors. For more information please see www.cordillera-ip.com, or contact Cordillera at IR@cordilleraip.com or at 415-738-7944.