SCL Energia Activa Raises US$241m for Americas Energy Fund II

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(Dow Jones) Chilean firm SCL Energia Activa has raised US$241m of third-party commitments for a sophomore fund to invest in Latin American energy assets. The firm initially targeted up to US$300m for Americas Energy Fund II LP. Including the general partner commitment, Fund II’s final tally is US$247m, according to a person with knowledge of the fundraising. Fund II is a follow-up to Americas Energy Fund I LP, which held a final close on US$160m in 2013. Read more

Ontario Teachers’ Returns 12 Percent on Private Equity

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(Bloomberg) Ontario Teachers’ Pension Plan, Canada’s third-largest pension fund manager, may open an office in South America as it continues to scour the globe for infrastructure and other long-term assets. Read more

Latin America-focused Linzor Registers US$366m for Fund III

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(Alt Assets) Chile-based Linzor Capital Partners has pulled in US$366m for its third Latin American private equity fund via 33 LPs. The target for the vehicle has not been stated in Linzor’s filing with the US securities regulator, although Monument Group has been named as placement agent. Read more at Alt Assets

ECOSolar Closes the Purchase of a Minority Stake in Project “Maria Elena”

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(Press Release) ECOSolar, a unique solar company active in Latin America with in depth knowledge and experience of the solar sector and the region, and solar investment arm of Grupo ECOS, announced the purchase of a minority stake in the project “Maria Elena.” Read more

English Firm Novator Buys Nextel Chile (en español)

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(Pulso) The multinational London based firm Novator has acquired Nextel Chile from Veintitrés and Optimum Advisors. Read more

Start-Up Chile Launches Follow-On Fund To Boost Local Growth

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(TechCrunch) Five years after the launch of Start-Up Chile, the government-backed accelerator has generated a new fund, Chile SCALE, to fund start-ups and itself while retaining graduating talent within Chile. Read more

Chile’s City Global Aims to Raise a US$10m Fund to Invest in LatAm Businesses

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(Pulso Social) Chilean CEO’s Raul Ciudad and Marco Rivas aim to raise a fund of US$10m by 2015 that will allow Latin American businesses to expand operations within the region and to the US. Read more

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