LAFISE Group Launches LatAm SME Investment Fund III

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(Press Release) On August 14, 2014, the initial closing of US$28.75m was completed for CASEIF III L.P., a Private Equity Fund with a total fund size target of US$50m aimed to invest in small and medium-sized enterprises (SMEs) in Central America, the Dominican Republic and Colombia. Read more

Linio, Rocket Internet’s Amazon Play In Latin America, Rakes In Another $79M

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(TechCrunch) Rocket Internet, the Berlin-based e-commerce incubator, is today announcing the latest chapter in its strategy to build out businesses in emerging countries. Linio, an Amazon-style e-commerce marketplace active in Mexico, Colombia, Venezuela and Peru, has raised an additional $79 million (€58 million), led by new investor Northgate Capital and Access Industries. The company says the financing will be used to expand its footprint to other large Latin American markets like Chile and beyond. Read more

IFC Capitalization Fund Invests $100M in Banco G&T Continental to Support SME’s in Central America

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(IFC) December  13, 2012—IFC Capitalization Fund, a fund  managed  by  IFC  Asset Management  Company, signed an investment in Guatemala-based Banco  G&T  Continental,  a  key  player in  Guatemala’s financial sector with operations in El Salvador, Costa Rica and Panama. Read more

CoreCo Holdings and IFC raise US$53.5 Million to finance Central American Businesses (en español)

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(Summa) September 24, 2012 – After closing a PE fund in the United States, Guatemalan Alex Von der Goltz, set his sights to his home country and partnered with the IFC to build a fund dedicated to supporting entrepreneurship in the region and providing capital for those entrepreneurs to grow outside their borders. (Continues in Spanish) Read more

Darby Deals Costa Rican Financial Services Firm

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(PeHub) September 4, 2012 – Darby Overseas Investments, Ltd., the private equity arm of Franklin Templeton Investments, announced that its ProBanco I Fund divested its holding in Grupo Financiero Improsa, a Costa Rican financial institution. Read more

Real Infrastructure Capital Partners Holds First Close for $200M Fund

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(Real Infrastructure Capital) July 17, 2012 – Real Infrastructure Capital Partners LLC (REAL) is pleased to announce the first closing of its Latin Renewables Infrastructure Fund, LP with approximately US $50M of commitments. Read more

Actis Acquires Majority Stake in Guatemala’s Largest Electricity Network

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(Actis) May 20, 2011 – Actis has reached an agreement with GAS NATURAL FENOSA, a leading multinational in the gas and electricity sector, to acquire a group of companies dedicated to the transportation and supply of electricity to 1.4m customers in Guatemala in a transaction worth US$345m plus assumed debt. Read more

Aureos invests in Belize boutique hotel

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(Aureos Capital) May 4, 2011 – Aureos Capital Limited’s Emerge Central America Growth Fund (EMERGE) has provided Mayaland Villas Inc., owner of Ka’ana Boutique Resort in Belize, with a facility to expand its operations. Read more

EMP Latin America Acquires Interest in Hydroelectric Company

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(EMPLA) April 20, 2011 – EMP Latin America (EMPLA) announced the acquisition of a significant shareholding position in hydroelectric power company Hidroelectrica Rio Las Vacas, S.A. (HRLV), a run-of-the-river plant with 45MW of installed capacity operating since 2002, located in Guatemala. Read more

IDB’s Multilateral Investment Fund supports CoreCo Central America I L.P. Fund

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(IDB/MIF) December 21, 2010 - The Multilateral Investment Fund (MIF) the Inter-American Development Bank’s private-sector arm that promotes opportunity for small and microenterprises, has committed up to $5.5 million to the fund CoreCo Central America I L.P. (“CoreCo”), which will invest in small and medium-sized businesses (SMEs) in Central America. Read more