These are the U.S. private equity firm Castlelake and British fund Coller Capital, which specializes in direct and fund of funds investments.
The two firms bought stakes in Invel Real Estate Partners, a private equity fund that owns a 65 percent stake in Pangaea.
Invel's Founder and Managing Partner, Chris Papachristophorou, said the move shows there is confidence in the Greek economy.
"The entry of such blue chip investors shows that Pangaea is an extremely attractive platform for growth at the appropriate economic cycle, but at the same time confirms the vote of confidence in Greece for the foreseeable future and the recognition of Invel as a top investment manager with excellent institutional experience on the market," he said on the deal.
"Sealing the relationship with such new investors will also be a starting point for many other interesting new projects in the country," he added.
The change in Invel's shareholder structure with the entry of the new investors was made possible after the departure of one of the initial limited partners, Israeli businessman Beny Steinmetz. Pangaea is Greece's largest real estate investment company and operates as a subsidiary of the National Bank of Greece (NBG), which owns about 33 percent in the company.
Together with its subsidiaries, it invests in, manages, and operates real estate properties primarily in Greece, Italy, and Romania.
