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Novita Capital
Novita Capital, led by Eric Fullmer, builds healthcare and real estate ventures in Costa Rica from the ground up — launching operators rather than…
Novita Capital
Novita Capital is a boutique investment and advisory firm based in Costa Rica.
General information
Firm type
Generalist
Year founded
—
AUM
Undisclosed
Location
Region
Latin America
Country
Costa Rica
City
San José
Corporate office
San José, Costa Rica
Principals
Eric Fullmer
Founder and Managing Director
Roberto Herrera
Medical Director, Hospital Metropolitano
Martí Jiménez
Cofounder, Verdeza
Felipe Koberg
Cofounder, Veragua Rainforest
Luis Hernández
Cofounder, Berkana Naturals
Sector focus
Frequently asked questions
Who runs investment decisions at Novita Capital?
Eric Fullmer, the firm's founder, acts as Managing Director and is the central decision-maker. Each operating company also maintains a dedicated cofounder or director — such as Roberto Herrera at Hospital Metropolitano or Martí Jiménez at Verdeza — who leads that entity's strategy within Novita's portfolio.
How does Novita Capital source its opportunities?
Novita functions as an originating operator: it identifies structural gaps in Central American services — particularly healthcare and housing — then assembles management teams, sites, and regulatory approvals to build companies de novo. The firm's three-year site-selection process for Verdeza exemplifies the deliberate, ground-up sourcing model.
Is Novita Capital structured as a family office or does it operate more like a venture firm?
Novita is structured as a boutique investment and advisory firm. Its capital deployment resembles a venture studio focused on physical-asset businesses — the firm originates, capitalizes, and manages each operating company rather than investing in third-party funds or founder-led startups.
Does Novita Capital participate in fund commitments or only direct deals?
Novita only pursues direct deals. The firm does not report any fund-of-funds commitments or investments in externally managed vehicles. Every disclosed holding — from Hospital Metropolitano to the planned Residential REIT — was created and capitalized directly by Novita.
Which sectors does Novita Capital explicitly avoid?
Novita's public materials do not list specific exclusions. However, its disclosed portfolio shows a deliberate concentration in healthcare services and real estate, with a single consumer products line (Berkana Naturals). Traditional tech venture and financial services are notably absent from its holdings.
How is Novita Capital related to MediSmart and Hospital Metropolitano?
Novita launched Hospital Metropolitano in 2010 and later established MediSmart as the health management organization serving its patient base. The two entities operate as sister companies, with Novita providing the originating capital and strategic oversight (per the firm).
What is Novita's known posture on co-investments alongside external partners?
Novita co-invested with Madison Partners in the Playa Carrillo Resort Community project, indicating a willingness to syndicate on larger real estate developments. The firm has not publicly disclosed a formal co-investment program or regular LP relationships beyond this partnership.
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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