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Private investment funds have US$4.5 billion to invest in Colombia

RIO DE JANEIRO, BRAZIL - Private investment funds operating in Colombia have some US$4.5 billion to invest, though the coronavirus has battered opportunities and changed risk perceptions of investments previously considered safe, the head of the private investment trade association said on Wednesday April 14.

Assets previously considered safe - like investments in high-end office real estate in Bogota’s financial district or retail sites - have suffered amid the pandemic and many are now empty, said Paula Delgadillo from the Colcapital trade association.

But investors are now more willing to put money into start-ups and technology companies, she . . .

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