Team & Delivery Culture.


People behind the execution.

Blue Tagus - Team

Two senior partners with extensive development and investment experience.

Highly experienced team members across:
— Financial analysis and underwriting
— Planning and licensing
— Construction and technical execution
— Business support and operations
— Digital transformation

Advanced use of:
— BIM
— AI-enabled tools
— Modern project and data platforms

Blue Tagus - Katja Pazelskaya
Blue Tagus - Katja Pazelskaya
In 2013, following a decade of experience in the real estate financing sector, Katja (Ekaterina) Pazelskaya became a co-founder and managing director at Blue Tagus. Katja is focused on translating investment strategies into tailor-made investment programmes, managing acquisitions, and designing products aligned with economic and market cycles. She is also responsible for the firm’s general management.

Before co-founding Blue Tagus in 2013, Katja had extensive experience in structuring and placement of funding and capital solutions for real estate loan portfolios. Based in Europe, she was an Executive Director at ABN AMRO, overseeing a €120 billion real estate loan book.

In addition, Katja has worked on several projects involving restructuring, nationalisation and mergers in the banking sector. She has also completed several international funding programmes. She was a member of the Master of Finance supervisory committee and a guest lecturer at the University of Amsterdam.

Katja holds a degree in Economics from Holland International Business School and completed the INSEAD Executive Program in Singapore and France. She is fluent in English, Russian, Dutch, and Portuguese.

Blue Tagus - Hugo Miranda
Hugo Miranda is a co-founder and managing partner at Blue Tagus. In addition to managing real estate investments, Hugo is specifically focused on return-boosting strategies that apply appropriate methodologies to derive additional value from planning and legal frameworks. He specialises in opportunities in the alternative sector and income-generating portfolios.

Before Blue Tagus, Hugo worked as a Board Advisor at a construction company, responsible for diversifying its business lines and optimising its real estate portfolio. Before that, he was a Managing Director at a wine-producing company for several years, during which he oversaw the launch of award-winning wines.

In addition to his professional activities, Hugo is a member of the Portuguese Association of Real Estate Investors and Developers and participates in the industry’s lobbying efforts.

Hugo holds an LL.M. (Honours) from the University of Coimbra and an MBA from INSEAD and is fluent in English, Portuguese, Italian, Spanish, and French.

Two senior partners with extensive development and investment experience.

Highly experienced team members across:
— Financial analysis and underwriting
— Planning and licensing
— Construction and technical execution
— Business support and operations
— Digital transformation

Advanced use of:
— BIM
— AI-enabled tools
— Modern project and data platforms

Blue Tagus - Katja Pazelskaya
In 2013, following a decade of experience in the real estate financing sector, Katja (Ekaterina) Pazelskaya became a co-founder and managing director at Blue Tagus. Katja is focused on translating investment strategies into tailor-made investment programmes, managing acquisitions, and designing products aligned with economic and market cycles. She is also responsible for the firm’s general management.

Before co-founding Blue Tagus in 2013, Katja had extensive experience in structuring and placement of funding and capital solutions for real estate loan portfolios. Based in Europe, she was an Executive Director at ABN AMRO, overseeing a €120 billion real estate loan book.

In addition, Katja has worked on several projects involving restructuring, nationalisation and mergers in the banking sector. She has also completed several international funding programmes. She was a member of the Master of Finance supervisory committee and a guest lecturer at the University of Amsterdam.

Katja holds a degree in Economics from Holland International Business School and completed the INSEAD Executive Program in Singapore and France. She is fluent in English, Russian, Dutch, and Portuguese.

Blue Tagus - Hugo Miranda
Hugo Miranda is a co-founder and managing partner at Blue Tagus. In addition to managing real estate investments, Hugo is specifically focused on return-boosting strategies that apply appropriate methodologies to derive additional value from planning and legal frameworks. He specialises in opportunities in the alternative sector and income-generating portfolios.

Before Blue Tagus, Hugo worked as a Board Advisor at a construction company, responsible for diversifying its business lines and optimising its real estate portfolio. Before that, he was a Managing Director at a wine-producing company for several years, during which he oversaw the launch of award-winning wines.

In addition to his professional activities, Hugo is a member of the Portuguese Association of Real Estate Investors and Developers and participates in the industry’s lobbying efforts.

Hugo holds an LL.M. (Honours) from the University of Coimbra and an MBA from INSEAD and is fluent in English, Portuguese, Italian, Spanish, and French.

Blue Tagus - Natercia Simoes
Following many years of experience at multinationals, Natércia Simões strengthened the Blue Tagus team by supporting the company’s business across all projects and domains. She is responsible for all aspects of administrative and operational support for the investment team’s activities. She diligently implements the firm’s technological solutions and administrative procedures to run acquisitions and investment management efforts.

With more than two decades of experience in Business Support, Natércia has developed her career across industries as varied as auditing, luxury cosmetics, and technology.

While working with large corporations, she has successfully taken on responsibilities across diverse business areas, including HR, Marketing, and Finance.

Natércia holds a Degree in Management Advisory from ISLA and a postgraduate degree in Image, Protocol and Event Organisation. She also completed the European Executive Assistant International Studies at ESA – European Schools for Higher Education in Administration and Management. She is fluent in Portuguese, English, and Spanish, and speaks French and Italian.

Blue Tagus - Luis Menezes
Luís joined Blue Tagus as Head of Execution & Development System, bringing over 25 years of international expertise in high-end real estate development and large-scale project delivery. Having spent nearly two decades in the United Kingdom, Luís held senior leadership roles at some of London’s most prominent firms, including serving as Operations Director at Regal London and Project Director at Bouygues UK. Prior to joining Blue Tagus, he served as Head of Country for a prominent investment firm, overseeing national operations and investment execution in Portugal.

At Blue Tagus, Luís leads the construction vertical, bridging technical engineering excellence with strategic operational management. He is responsible for the entire project lifecycle from procurement and technical due diligence to site execution and final delivery. His extensive experience in the highly regulated and competitive UK market allows him to implement world-class standards in cost control, risk mitigation, and sustainable construction across the firm’s portfolio.

Luís comes from an Engineering background, and his profile combines deep technical expertise with a sophisticated understanding of the developer-investor relationship, ensuring every project is delivered with operational precision and institutional quality. He is fluent in Portuguese and English.

Blue Tagus - João Costa
João Costa is an experienced Project Manager with over a decade of hands-on expertise in residential construction, technical coordination, and on-site project delivery across Portugal and the United Kingdom. Throughout his career, he has led and supported large-scale housing developments, mixed-use schemes, and complex residential projects, overseeing all phases from planning and design coordination to construction supervision and final handover.

Before joining Blue Tagus, João worked with leading companies such as DDN – Gestão de Projectos, Higgins Partnerships, and Countryside Properties, progressing from Assistant Site Manager to Senior Technical Coordinator and, ultimately, Project Manager. His project portfolio includes high-density apartment blocks, Passive House developments, and multi-phase housing schemes in London and beyond. Notable UK projects include the John Street Passivhaus development, delivering 70 new homes across buildings up to 11 storeys, with 1,200 m² of integrated landscaping, and Fresh Wharf, a large-scale scheme comprising 532 new homes in buildings up to 14 storeys. In Portugal, João worked on a 193-unit residential development in the Greater Lisbon area, among other schemes.

Across these projects, João has been responsible for design coordination, project quality, contractual compliance, and efficient on-site execution. He holds a Master’s degree in Civil Engineering – Construction from Universidade Nova de Lisboa and is recognised for his strong technical foundation, organised approach, and ability to deliver complex projects effectively under demanding conditions.

Blue Tagus - João Pereira
João joined Blue Tagus with considerable experience in Investment Banking and Private Equity. As an Investment Analyst at Moira Capital Partners, he was key in analysing investments across sectors, conducting acquisitions, and managing the portfolio.

Before this, he was an Investment Banking Analyst at Jefferies Madrid office, contributing to the origination, underwriting and execution of complex transactions in the Real Estate and Infrastructure spaces.

Before his time at Jefferies, João gained valuable experience as an Investment Banking Analyst Intern in BNP Paribas’ Energy Group, where he supported several high-profile transactions. He also worked as an Associate Consultant Intern at Fide Partners, specialising in TMT strategy and commercial due diligence.

João holds an MSc in Finance from ESADE and a BSc in Economics from Nova School of Business and Economics, with an exchange at Lazaridis School of Business & Economics in Canada. João is fluent in Portuguese, English and Spanish.

Blue Tagus - Frederico Nunes
Frederico brings a sophisticated architectural lens to the Blue Tagus team, combining creative design mastery with a rigorous approach to project management. With over seven years of industry experience, he has developed a versatile portfolio spanning from high-end residential architecture to complex urban developments in the Lisbon region.

Before joining Blue Tagus, Frederico played a key role in developing and executing significant real estate projects in Lisbon, overseeing the transition from conceptual design to operational reality. His professional path is marked by a high-profile collaboration at the studio of Miguel Amado, the renowned architect and professor, where he refined his technical precision and eye for detail in premium architecture.

Frederico holds a Master’s degree in Architecture from Universidade Lusíada de Lisboa and further specialised his expertise with a Postgraduate degree in Real Estate Management and Valuation from ISEG – Executive Education. This dual background in architecture and real estate finance allows him to manage the development process with a unique, holistic view, ensuring aesthetic excellence is always balanced with commercial viability and investment performance. He is fluent in Portuguese and English.

Blue Tagus - Lisa Sa
Liza Falcão de Sá has over two decades of experience across consulting, international sales, marketing, and real estate. As Sales Manager at BlueTagus, she focuses on apartment sales, managing buyer relationships and guiding clients through the purchasing process.

Liza grew up in Portugal and attended St. Julian’s School in Carcavelos. This background gave her an extensive network of international and domestic connections, as well as a deep understanding of the local market. She holds a degree in Business Management and Administration from the University of Reading (UK).

Her professional background includes management and consulting roles at Deloitte and Olisipo Group, where she focused on business strategy and client management. For the past ten years, Liza has specialised in the Portuguese residential market, working closely with local and international buyers to sell premium apartments.

Recognised for her leadership, commercial acumen, and ability to build long-term partnerships, Liza plays a key role in supporting BlueTagus’ commitment to delivering excellence and sustainable growth.