Sixth Street said to seek up to $296.1M in LATAM Air share sale

Monday, Sep 8, 2025 6:51 pm ET1min read

Sixth Street said to seek up to $296.1M in LATAM Air share sale

Sixth Street Partners, a growth/expansion investment firm based in San Francisco, is reportedly seeking to sell up to $296.1 million worth of shares in LATAM Airlines Group, according to recent filings. The firm's investment in the airline company has been a significant part of its portfolio, with a notable increase in its stake during the first quarter of 2025 [1].

The reported sale comes amidst a series of strategic moves by Sixth Street Partners. The firm has been actively involved in various sectors, including agriculture, digital strategies, and financial services. In 2025, Sixth Street Partners secured a minority stake in the San Francisco Giants, supporting stadium upgrades and real estate development [2]. This move reflects the firm's interest in leveraging its capital to support growth and expansion in different industries.

LATAM Airlines Group, which provides passenger and cargo air transportation services across multiple regions, has seen a significant change in its stock rating. Wall Street Zen recently downgraded the airline's stock rating from a "strong-buy" to a "buy," although it still maintains a consensus rating of "Buy" with a target price of $39.00 [1]. The stock's recent trading performance has been volatile, with a decline of 2.1% on Friday, September 1, 2025, hitting $50.36 [1].

The proposed sale by Sixth Street Partners could have implications for the airline's stock price and market perception. However, it is important to note that the firm's investment strategy and the specifics of the sale have not been officially confirmed. Investors should closely monitor the situation for any updates and potential impacts on the airline's financial performance.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-cubist-systematic-strategies-llc-purchases-127123-shares-of-latam-airlines-group-sa-ltm-2025-09-05/
[2] https://pitchbook.com/profiles/investor/268085-89

Sixth Street said to seek up to $296.1M in LATAM Air share sale

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