Ecus Private Equity Launches US$100m Ecus Renewable Energy Fund in Chile

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(Press Release) Ecus Private Equity, a local, dedicated and independent funds manager with vast experience in the Chilean small and middle market is currently fundraising for its latest vehicle, Ecus Renewable Energy Fund. The Fund, structured as a close-end regulated public fund, has a target of US$ 100 million and expects to reach a first closing in Q1 of 2015, complementing the seed capital of US$ 7 million already provided by AXA Group. Read more

Magma Partners Invests in Deenty “The Google of Chilean Dentists”

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(PulsoSocial) Chilean-American private equity fund Magma Partners, which was launched this year with US$5m, added Deenty, an online dentist search platform, to their portfolio. Read more

Properati Receives New Round of Investments (em português)

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(Startupi) Properati, a platform with 400 thousand properties in Brazil and 130 million in Argentina, received a new investment round of R$5m from investment funds NEVEQ and NXTP. Read more

Aurus’ New Fund AFI Expects to Reach US$80m

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(Latam Funds People) Aurus Administradora de Fondos of investment is one of the smaller fund managers in the chilean inudstry, as it manages 2.4% of the resources in the industry (around US$250m) and currently has only two active strategies. Nevertheless, this is expected to change. The administration is working ot get Ventures III in operation soon and has just signed with Japanese Mitsui & CO to begin participating in investments. Read more

Tivit Acquires Riverwood Capital’s Synapsis (em português)

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(Press Release) The information technology company, Tivit, took its biggest step toward international operations. The company which earned US$1.7b last year, bought all the shares of Synapsis, headquartered in Chile, for up to R£450m. The deal will bring Tivit to a total of six new markets in Latin America including Argentina, Colombia, Peru, Ecuador and Panama. Read more

Axon Sells its Shares in ClickDelivery with a Return of Nearly 4x

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(Press Release) Axon Partners Group has exited ClickDelivery, the leading online food delivery service in the Andean Region, with Delivery Hero, one of the global leaders in the online food-ordering industry, becoming majority shareholders in the growing company. 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

Equitas Capital Completes Sale of its Stake in Buuteeq to The Priceline Group

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(Press Release) Equitas Capital today announced that it sold its stake in buuteeq, a company started in Chile, headquartered now in Seattle, which powers the web sites for hotels around the world. Buuteeq was acquired by The Priceline Group. Terms of the deal were undisclosed. Buuteeq will continue to operate as an independent business within The Priceline Group. Read more

Apax Plans Investments in Brazil

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(WSJ) U.K-based private-equity firm Apax Partners LLP plans to invest hundreds of millions of dollars in Brazilian companies in the next 12 to 18 months, an executive of the firm said. Read more

Magma Partners Launches in Chile with US$5m to Invest

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(Pulso Social) A new private investment fund is launching today to disrupt the startup ecosystem in Chile and throughout Latin America. The new entity, Magma Partners, promises a transparent approach that leaves the reigns in the hands of entrepreneurs. Read more