Agallas Equities
Agallas Equities is a New York-based, diaspora-led real estate investment manager that launched a $400 million Dominican Republic-focused fund targeting sports, tourism/hospitality, and infrastructure developments, distributing to accredited and institutional investors via PPP and diaspora networks.
- Company typePrivate
- Founded2022
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Agallas Equities does
Agallas Equities LLC is a diaspora-led, privately held real estate investment and development firm headquartered in New York with a secondary office in Los Angeles. Founded in 2022 by Manuel Tavarez and Nelson Tejada Jr., the firm offers investment management, real estate development, acquisitions and dispositions, property management, and a market-research publishing platform. Its core product is the Agallas Equities Real Estate Fund I, launched in October 2025 with a $400 million target capitalization and focused exclusively on transformative projects in the Dominican Republic across three priority verticals: sports and entertainment venues, tourism and hospitality (with emphasis on CONFOTUR Law tax-advantaged projects), and infrastructure and mixed-use development. The fund targets a net IRR of 18-20% over a 3-7 year horizon and is structured with a 1.5% annual management fee billed quarterly and a 20% performance fee on profits above a specified benchmark subject to a high-water mark.
The firm targets accredited and institutional investors and distributes the fund directly through diaspora networks, public-private partnerships (PPPs), and thought-leadership content marketing across LinkedIn, Instagram, X, TikTok, Facebook, and PR wire services. It does not disclose proprietary technology platforms, AI/ML capabilities, or productized software; operations rely on standard industry tools supplemented by an in-house Insights and Research publication function. Operational infrastructure is provided through a partnership with NAV Fund Services, which administers the fund (accounting, reporting, investor services) and brings $350 billion in assets under administration. Leadership and advisory staff include backgrounds at ING, UBS, EY, Northern Trust, Frost & Sullivan, Unilever, and major NYC law firms, supporting cross-border execution across both U.S. Northeast and Dominican Republic markets.
Revenue is generated through management fees on deployed capital, performance fees on outperformance, and direct returns from real estate development activity, with all economic exposure concentrated in the Dominican Republic thesis. The firm has no disclosed subsidiaries, no parent entity, no public-company backing, and no institutional equity investors; ownership and control remain concentrated with the two co-founders. Operating geographies include the U.S. Northeast and the Dominican Republic, with the Dominican Republic representing the strategic center of gravity for fund deployment.
Agallas Equities firmographics
Firmographics- Name
- Agallas Equities
- Legal name
- Agallas Equities LLC
- Website
- https://agallasequities.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Agallas Equities is a New York-based, diaspora-led real estate investment manager that launched a $400 million Dominican Republic-focused fund targeting sports, tourism/hospitality, and infrastructure developments, distributing to accredited and institutional investors via PPP and diaspora networks.
- Ownership category
- akta.pro rank
Agallas Equities industry classification
Industry- Product category
- Real Estate Investment Management
- NAICS
- Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)
- akta.pro secondary industries
- Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
Keywords
Where Agallas Equities is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Agallas Equities business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others, Marketing or Sales, Technology or R&D
Revenue model
- Management Fees: Annual management fee of 1.5% of assets under management (AUM), billed quarterly. This provides recurring revenue based on the total capital deployed in the fund.
- Performance Fees: 20% of profits above a specified benchmark (e.g., S&P 500), subject to a high-water mark. This creates alignment between firm and investor interests and rewards outperformance.
- Real Estate Development Returns: The firm generates returns through direct real estate development and investment in the Dominican Republic across sports facilities, hospitality, and infrastructure projects. Investment horizon is 3-7 years with target net IRR of 18-20%.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Management Fee: 1.5% annual of AUM, billed quarterly |
| Subscription | Annual | Performance Fee: 20% of profits above benchmark with high-water mark |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Agallas Equities product offering
Product offeringCore offering
Agallas Equities is a diaspora-led real estate investment manager that deploys investor capital into transformative Dominican Republic real estate development projects. Its flagship offering is the Agallas Equities Real Estate Fund I, a $400 million private fund targeting sports facilities, tourism/hospitality, and infrastructure/mixed-use projects with a target net IRR of 18-20% over a 3-7 year horizon. The firm earns recurring management fees and performance fees, and complements the fund with real estate development, acquisitions and dispositions, and property/investment management services.
Product overview
Agallas Equities is a real estate investment and development firm offering a unified platform combining investment management services and real estate development capabilities. The core offering centers on the Agallas Equities Real Estate Fund I, a $400 million fund targeting transformative projects in the Dominican Republic. Supporting this fund are complementary service modules including Investment Management (disciplined, research-driven equity and real estate strategies), Real Estate Development (residential, commercial, hospitality, sports facilities, retail, and infrastructure), Acquisitions & Dispositions, and Management Services. The firm also provides Insights and Research as a knowledge resource covering market dynamics and investment outlooks. Together, these products enable institutional-grade access to Dominican Republic real estate opportunities through public-private partnerships and diaspora networks.
Differentiator
Problem solved
Functional benefit
Products and services
- Agallas Equities Real Estate Fund I Inaugural private real estate investment fund targeting $400 million for transformative development projects in the Dominican Republic across sports facilities, tourism/hospitality, and infrastructure, targeting 18-20% net IRR over a 3-7 year horizon; offered to accredited and institutional investors.
- Investment Management Services Actively managed equity and real estate investment strategies focused on long-term capital appreciation through disciplined, research-driven approaches targeting key urban markets in the U.S. Northeast and the Dominican Republic.
- Real Estate Development
Quantifiable outcome
- Target net IRR of 18-20% through 3-7 year investment horizon
- +1 more outcomes
Companies that use Agallas Equities
Customer profileSegments1 record
Ideal customer profiles1 record
Agallas Equities technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Agallas Equities partnerships and signals
Strategic signalScale indicators3 records
Recent moves7 records
Expansion highlights6 records
Agallas Equities competitors and assessment
Company assessmentBroad incumbents
- BTG Pactual: Latin America's largest investment bank with growing alternatives and real estate private equity capabilities across the region. Comparable as a broader incumbent offering competing capital-allocation and institutional real estate advisory across LatAm, though not exclusively DR-focused.
- Brookfield Asset Management: NYSE-listed global alternative asset manager (BAM) with one of the world's largest real estate private equity platforms, including hospitality and infrastructure. Comparable as a broad incumbent operating across the same real-asset verticals (hospitality, infrastructure, mixed-use) at massive global scale.
- Starwood Capital Group: Global private investment firm (Barry Sternlicht) with deep hospitality, real estate, and infrastructure PE strategies including Latin America exposure. Comparable as a broad incumbent alternative manager targeting institutional LPs across multiple real-asset verticals including hotels and mixed-use.
Direct peers
- Related Group: Jorge Pérez-led Miami-based real estate developer with strong Hispanic-market and Caribbean exposure, known for luxury condo and mixed-use projects. Comparable to Agallas as a diaspora-anchored US-Caribbean real estate platform blending institutional capital, luxury development, and Hispanic market insight.
- Patria Investments: LatAm-focused alternative asset manager listed on NASDAQ (PAX) with private equity, real estate, and infrastructure strategies across the Dominican Republic and broader region. Directly comparable as a diversified LatAm PE/RE platform building institutional real-asset products for global LPs.
- Casa de Campo Resort: Premier luxury resort community in La Romana, Dominican Republic featuring golf (Teeth of the Dog), residential villas, marina, and hotel operations. Directly relevant as a flagship example of the institutional-grade DR resort/residential asset class that Agallas' hospitality and mixed-use theses target.
- Cap Cana: Master-planned luxury resort and residential community in the Dominican Republic combining real estate development, hospitality (Eden Roc, Hyatt hotels), and marina infrastructure. Comparable as a large-scale DR mixed-use developer operating across the same hospitality and infrastructure verticals as Agallas' fund mandate.
- Grupo Puntacana: Dominican Republic resort and tourism developer behind the Puntacana Resort & Club, with deep PPP relationships and DR hospitality development experience. Closely comparable as a major DR real estate developer that Agallas could partner with or compete against for institutional tourism capital.
- Playa Hotels & Resorts: NASDAQ-listed (PLYA) owner-operator of all-inclusive resorts across the Dominican Republic, Jamaica, and Mexico with a heavy DR operational footprint. Comparable as a publicly traded DR hospitality-focused real estate operator that Agallas' tourism fund investments could supply capital to or compete against.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Agallas Equities social profiles
Digital presenceAgallas Equities financial estimates
Financial estimateRevenue estimate
Valuation estimate
Agallas Equities leadership team
Management profileNumber of profiles
Profiles7 records
Agallas Equities funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Agallas Equities M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Agallas Equities
What does Agallas Equities do?
Agallas Equities is a diaspora-led real estate investment manager that deploys investor capital into transformative Dominican Republic real estate development projects. Its flagship offering is the Agallas Equities Real Estate Fund I, a $400 million private fund targeting sports facilities, tourism/hospitality, and infrastructure/mixed-use projects with a target net IRR of 18-20% over a 3-7 year horizon. The firm earns recurring management fees and performance fees, and complements the fund with real estate development, acquisitions and dispositions, and property/investment management services.
Is Agallas Equities a public or private company?
Agallas Equities is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Agallas Equities founded?
Agallas Equities was founded in 2022. It employs 51 to 100 people.
Where is Agallas Equities based?
Agallas Equities is headquartered in New York, United States, in the North America region.
How does Agallas Equities make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are performance Fees and real Estate Development Returns.
Who are Agallas Equities's main competitors?
Broad incumbents on record are BTG Pactual, Brookfield Asset Management and Starwood Capital Group. Direct peers are Related Group, Patria Investments, Casa de Campo Resort, Cap Cana, Grupo Puntacana and Playa Hotels & Resorts.
Does Agallas Equities have an API?
No public API is recorded for Agallas Equities.
What industry is Agallas Equities in?
Agallas Equities's product category is Real Estate Investment Management. Its primary akta.pro industry code is BPAJANAA, Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation), with a secondary code of BPAJANAF, Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships). Its NAICS code is 523940 and its SIC code is 6282.