Team & Delivery Culture.
People behind the execution.
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
Katja Pazelskaya is the Co-Founder and Managing Partner of Blue Tagus, known for delivering residential developments with exceptional quality, strong project discipline, and a clear commitment to doing things properly—from the first design decision to the final handover.
With over 20 years of international experience spanning institutional banking and real-estate development, Katja brings a rare combination of financial rigour and hands-on execution. Prior to Blue Tagus, she served as Executive Director in institutional banking based in Amsterdam and London, working at the highest level of real-estate finance and governance—experience that shaped her standards for transparency, reliability, and performance.
Today, Katja leads Blue Tagus’ acquisitions, investment strategy, and full-cycle delivery, ensuring each project is built with meticulous oversight, durable specifications, and long-term liveability in mind. Her focus is simple: to create homes that feel exceptional to live in, remain valuable over time, and are delivered with professionalism buyers can trust.
Katja graduated from HIBS, Faculty of Economics, and completed an Executive Programme at INSEAD.
With deep expertise in planning and legal frameworks, Hugo focuses on creating the conditions for reliable project delivery: well-structured permitting pathways, robust contractual frameworks, and disciplined coordination between architects, engineers, consultants, and contractors. His work is centred on reducing execution risk, protecting timelines, and ensuring the final product is delivered in line with approved designs and promised specifications.
Before founding Blue Tagus, Hugo served as Board Advisor to a construction company, supporting portfolio optimisation and strategic expansion—experience that reinforced his practical understanding of delivery constraints and on-site realities. Earlier in his career, he was Managing Director at a wine-producing company, successfully bringing award-winning products to market—an experience shaped by precision, quality control, and operational discipline.
Hugo holds an LL.M. (Honours) from the University of Coimbra and an MBA from INSEAD.
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
Katja Pazelskaya is the Co-Founder and Managing Partner of Blue Tagus, known for delivering residential developments with exceptional quality, strong project discipline, and a clear commitment to doing things properly—from the first design decision to the final handover.
With over 20 years of international experience spanning institutional banking and real-estate development, Katja brings a rare combination of financial rigour and hands-on execution. Prior to Blue Tagus, she served as Executive Director in institutional banking based in Amsterdam and London, working at the highest level of real-estate finance and governance—experience that shaped her standards for transparency, reliability, and performance.
Today, Katja leads Blue Tagus’ acquisitions, investment strategy, and full-cycle delivery, ensuring each project is built with meticulous oversight, durable specifications, and long-term liveability in mind. Her focus is simple: to create homes that feel exceptional to live in, remain valuable over time, and are delivered with professionalism buyers can trust.
Katja graduated from HIBS, Faculty of Economics, and completed an Executive Programme at INSEAD.
With deep expertise in planning and legal frameworks, Hugo focuses on creating the conditions for reliable project delivery: well-structured permitting pathways, robust contractual frameworks, and disciplined coordination between architects, engineers, consultants, and contractors. His work is centred on reducing execution risk, protecting timelines, and ensuring the final product is delivered in line with approved designs and promised specifications.
Before founding Blue Tagus, Hugo served as Board Advisor to a construction company, supporting portfolio optimisation and strategic expansion—experience that reinforced his practical understanding of delivery constraints and on-site realities. Earlier in his career, he was Managing Director at a wine-producing company, successfully bringing award-winning products to market—an experience shaped by precision, quality control, and operational discipline.
Hugo holds an LL.M. (Honours) from the University of Coimbra and an MBA from INSEAD.
With more than two decades of experience in the Business Support area, Natércia has developed her career in industries as varied as auditing, luxury cosmetics, and technologies.
While working with large corporations, she has successfully embraced responsibilities in diverse business areas, such as 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 also speaks French and Italian.
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 Project Manager roles. 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 of up to 11 stories with 1,200 m² of integrated landscaping, and Fresh Wharf, a large-scale scheme comprising 532 new homes in buildings of up to 14 stories. In Portugal, João worked, among other schemes, on a 193-unit residential development in the Greater Lisbon area.
Across these projects, João has been responsible for design coordination, project quality, contractual compliance, and efficient onsite 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.
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 at BNP Paribas in the 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.
