KIT Capital
Cartagena-based entrepreneur-led family office founded 2001 by K. Dov Isaza Tuzman; invests in Andean and US technology, media and hospitality real estate.
USEFUL FOR Business owners seeking a long-term partner · Co-investors
Family & background
- HEADQUARTERS
- Cartagena de Indias, Colombia
- OFFICES
- Cartagena de Indias · Bogotá · São Paulo · Dubai · Los Angeles · New York · Austin
- FOUNDED
- 2001
Investment approach
- GEOGRAPHY
- Latin AmericaColombiaPeruNorth America
- STAGES
- Growth
- ROUTES
- Companies (own capital)
- STRATEGIES
- Direct investmentsReal estate
- LATEST DEAL
- CrowdOptic · Dec 2012
Overview
KIT Capital describes itself as an entrepreneur-led family office with investment, business development and turnaround activities in the Andean region of Latin America and the United States. It was founded in 2001, originally as Recognition Group, by former Goldman Sachs banker K. Dov Isaza Tuzman. It states that it manages a real estate portfolio of more than US$100 million focused on high-end hospitality, led by the Convento Obra Pía Resort & Spa project in Cartagena, and a proprietary portfolio in digital media, applied technologies and health sciences with a bias towards Colombia and Peru. It also launched Mechanical Art Capital, which offers asset-based financing against luxury watches, and provides advisory services.
Investment thesis
Invests where perceived risk is greater than fundamental risk and where positive medium-term macro changes can lead to outsized returns, with a bias towards the Andean markets of Colombia and Peru.
Holdings & investments (11)
- CrowdOpticSoftware & SaaS · since 2012
- ZeelHealthTech · since 2010
- NextivitySoftware & SaaS · since 2010
- ViduniaMedia & Entertainment · since 2010
- KIT digital (now Piksel)Media & Entertainment · since 2008
- BharosaSoftware & SaaS · since 2008
- ViewdleSoftware & SaaS · since 2008
- JumpTVMedia & Entertainment · since 2005
- KPEMedia & Entertainment · since 2001 · Exited
- Convento Obra Pía Resort & SpaReal Estate & PropTech
- Mechanical Art CapitalFintech
People
Frequently asked questions
KIT Capital is a single family office based in Cartagena de Indias, Colombia, founded in 2001.
KIT Capital invests its own capital into companies. Its stated asset mix includes direct investments and real estate.
KIT Capital invests at Growth stage in Media & Entertainment, Real Estate & PropTech, HealthTech and Software & SaaS.
Key people at KIT Capital include Kaleil Dov Isaza Tuzman (Managing Director and Founder), Ricardo Cidale (Investment Partner and Head of Corporate Development) and Rosario Davi (Chief Operating Officer).
KIT Capital's holdings and investments include Convento Obra Pía Resort & Spa, Mechanical Art Capital, CrowdOptic, Zeel, Nextivity, Vidunia, KIT digital (now Piksel) and Bharosa, among others.
The most recent publicly reported investment by KIT Capital is CrowdOptic, announced in Dec 2012.