HSI joins the dispute with CSHG over the MINT11 real estate fund portfolio
- Mint Capital
- 17 de jun.
- 1 min de leitura
HSI (Hemisphere South Investments) has entered the race to acquire the portfolio of Mint Capital's educational real estate fund, known in the market as MINT11.
After Credit Suisse Hedging-Griffo (CSHG) made a binding offer to purchase the fund's assets, HSI submitted a competing proposal, intensifying the competition for the properties currently under Mint's management.
MINT11 is a pioneering real estate investment fund in Brazil, exclusively focused on educational assets such as school buildings. Its portfolio includes schools operated by Bioma Educação (formerly Bahema Educação), one of the main K-12 private education groups in the country.
According to sources close to the negotiations, both offers—CSHG’s and HSI’s—are being evaluated by the fund's management and investors. The total value under discussion could exceed R$ 100 million.
The heightened interest in MINT11 reflects a broader trend: the increasing appetite among institutional investors for educational real estate, an asset class seen as resilient and with stable long-term demand.
This dispute also highlights the growing relevance of alternative real estate segments in Brazil, beyond the traditional focus on offices, logistics, and shopping centers.
Both HSI and Credit Suisse declined to comment.
Mint Capital also chose not to speak publicly about the ongoing negotiations.
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