Sidney Angulo moved from owning buildings to investing in property funds

Sidney Angulo is a Brazilian businessman who built a property portfolio after starting out in the textile and clothing businesses.

He bought his first property, a small house in São Paulo, in 1985 and chose to rent it out rather than sell it.

Over the following years, he reinvested business income in more properties, and in 1997 left the textile sector to focus on real estate.

His portfolio later included buildings, warehouses and corporate developments.

During the pandemic in 2020, he began exploring real estate investment funds, which let people invest in properties without managing them directly.

After his first investment, he valued receiving rent without having to deal with tenants, maintenance or building operations.

He bought shares in several funds, including HGLG, where he became one of the largest investors.

Angulo sees property funds as a way to become a partner in a building without owning and operating it alone.