
NEW YORK — Sora Capital, a global alternative investment firm, granted a USD20 million alternative high-yield credit to a leading U.S.-based real estate company, the Mexico City-based company said in a public statement.
The transaction is the first of Sora’s Global Alternative Credit Fund I, a USD100 million target alternative credit fund, targeting to invest capital within companies and individuals, according to the statement. Sora Capital didn’t name the company involved in the deal, characterizing it as a “leading” firm with presence in more than 20 states in the real estate segment in the U.S..
Sora Capital, founded in 2019 by Pablo Buch and Ricardo Montes de Oca, is a global alternative investment firm seeking to create long-term value for investors across a diverse range of asset classes such as private equity, real estate, credit, investment banking and wealth management, according to the company’s website. The firm operates in more than five countries.