Third FIDC fundraising · Business services
6P Condo raises R$350 million for its third receivables fund
The Brazilian platform partnered with fund manager Chimera Capital to expand condominium financing.
6P Condo has raised R$350 million for its third FIDC, a fund that invests in receivables, according to an October 26 announcement. The capital will help expand financing for residential and commercial condominiums across Brazil.
The fund partnership also outlines capacity to allocate up to R$7 billion over seven years. 6P serves property managers seeking funds for renovations, maintenance and cash-flow gaps caused by unpaid condominium fees.
Use of funds
Purchase condominium receivables and finance maintenance and improvements
Expand access to condominium financing across Brazilian state capitals
Funding history
Third FIDC fundraising · This roundR$350M