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Ithaca Capital is a privately held investment holding company and manager of third-party private equity funds, based in Karachi, Pakistan. The firm builds and manages a diverse portfolio, primarily focusing on deep value investments within the hospitality and travel industry across the East Coast of the United States, Caribbean, Central America, Latin America, and other Asian markets. Ithaca Capital holds 28 total investments, notably being the single largest owner of Marriott-managed properties in the Caribbean and Latin America. Its portfolio also includes significant stakes in companies such as Mustang Security, Cinepax Limited, Hawa Energy, and Partner's retail stores. The company was founded in 1998 by Orestes Fintiklis. Its business model centers on ithaca operates as a private equity investment management company that manages its own portfolio investments and third-party private equity funds.
Ithaca Capital has 2 tracked investments across 2 companies. The latest tracked deal is $10.0M Other Equity in Bykea in June 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jun 27, 2022 | Bykea | $10.0M Other Equity | — | Middle East Venture Partners, Prosus Ventures, Sarmayacar, Tharros |
| Jan 1, 2021 | Scalapay | $48.0M Seed | Francesco Filia | Andreessen Horowitz, Coatue, Innovation Endeavors, Lightspeed Venture Partners, Locus Ventures, Pareto Holdings, Eric Ries, Shane Neman, Fang LI |