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Fourshore Partners
Fourshore Partners is the private equity arm of Fourshore Capital, a Coral Gables-based investment platform founded in 2017 by Jose Costa.
Fourshore Partners
Fourshore Partners is the private equity arm of Fourshore Capital, a Coral Gables-based investment platform founded in 2017 by Jose Costa. Costa built Costa Farms into the world's largest ornamental plant supplier before its sale to Markel Corporation. He formed Fourshore to house his family's investment activity — spanning lending and private equity — in a single structure. The firm pursues control buyouts of established companies generating $2-15M in EBITDA, along with distressed and special-situation opportunities. Its stated sector scope includes agribusiness, logistics, business services, niche manufacturing, distribution, consumer, and financial services. On the credit side, Fourshore originates and manages a hard-equity lending book with a focus on land-development financing and a strict ~50% loan-to-value discipline. The geographic center of gravity is North America, with documented emphasis on Florida-based and Caribbean companies. Fourshore Partners is led by Partner Pedro Freyre, who previously ran the Foliage Division at Costa Farms and spent seven years at Bain & Co. Vice President Milos Milosevic, a Tuck MBA, joined in 2019 and handles the full deal lifecycle. CFO Felipe Torres de Navarra, a former KPMG CPA, has been with the firm since its founding in 2017. The team operates from a single office at 901 Ponce de Leon Boulevard in Coral Gables. In 2024, the firm maintained its small-team structure, reflecting its concentrated deployment approach rather than scaling AUM for fee generation. Fourshore's structure blurs the line between a family office and a traditional fund manager. It operates as a permanent-capital vehicle for a single-family balance sheet, but the team includes institutional hires from Bain and Tuck who run a process that mimics a conventional buyout fund — sourcing, structuring, and managing portfolio companies without a fund-life constraint.
General information
Firm type
Generalist
Year founded
2017
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Coral Gables
Corporate office
901 Ponce de Leon Boulevard, Suite 700, Coral Gables, FL 33146, United States
Principals
Jose Costa
Principal
Pedro Freyre
Partner
Felipe Torres de Navarra
CFO
Milos Milosevic
Vice President
Sector focus
Frequently asked questions
Who runs investment decisions at Fourshore Partners?
Pedro Freyre, Partner, leads the private equity arm and is responsible for sourcing, evaluating, and executing investments. He works alongside Vice President Milos Milosevic, who manages deal execution and post-close portfolio support. Jose Costa, the principal who formed Fourshore Capital, is the capital source but the firm identifies Freyre as the operational investment lead.
Is Fourshore Partners a family office or a fund manager?
It operates as a hybrid. Fourshore Capital houses Jose Costa's personal capital without outside LP funds, making it structurally a single-family office. However, the private equity team uses a buyout-fund process — sourcing, structuring, and managing control investments in operating companies — with career private-equity professionals rather than family members running the deals.
What is Fourshore's investment criteria for private equity deals?
Fourshore Partners targets control investments in established businesses with $2–15 million in EBITDA. The firm looks for cash-flowing operations as well as distressed and special-situation opportunities across agribusiness, logistics, business services, niche manufacturing, distribution, consumer, and financial services. Its geographic focus is North America, with a stated preference for Florida and Caribbean-based companies.
Does Fourshore provide debt financing alongside its equity investments?
Yes, but through a separate arm. Fourshore Capital originates and manages a hard-equity lending book focused primarily on land-development financing. The firm applies a strict loan-to-value discipline of roughly 50% LTV and also lends against other asset types when the credit criteria are met. This lending activity is run separately from the private equity buyout strategy.
How does Fourshore source its deals?
The firm does not publicly disclose a deal-sourcing playbook, but its leadership's deep operating background in agribusiness — Jose Costa and Pedro Freyre both senior leaders at Costa Farms — and Freyre's Bain & Co. network likely give the firm proprietary access to founder-owned and family-run businesses in Florida, the Caribbean, and adjacent sectors. Milos Milosevic's investment-banking background in REIT capital raises adds a financial-sponsor channel.
Where does Fourshore Partners' capital come from?
The capital comes from Jose Costa, who built Costa Farms into the world's largest ornamental plant supplier and sold it to Markel Corporation. Fourshore does not solicit or manage third-party LP commitments. The firm functions as the investment platform for Costa's personal balance sheet, giving it a permanent-capital structure without fundraising cycles or a mandated return horizon.
Does Fourshore Partners make minority investments or only control deals?
The firm's stated strategy is control investments in operating companies. Its website language specifies 'control investments' for businesses with $2-15M in EBITDA. Fourshore does not advertise a minority-stake or growth-equity program, positioning itself as a buyout operator rather than a passive capital provider.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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