BlackRock to Launch First LatAm Infra Fund

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(Reuters) BlackRock targets 2016 launch for LatAm infrastructure fund. BlackRock Inc is accelerating its push in Latin America, making plans for its first launch of a private equity infrastructure fund targeting that market. Read more

Petrobras Sells Subsidiaries to Southern Cross Group & Pampa Energía (em português)

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(Estadão) Petrobras has sold its Chilean subsidiary to the Southern Cross Group for $490m, and its Argentine subsidiary to Pampa Energía, a power company backed by Argentine private equity firm Grupo Dolphin, for US$892m. Read more

Mainstream Renewable Power Signs 300MW Chile Turbine Supply Agreement with Senvion

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(Press Release)Global wind and solar company Mainstream Renewable Power has concluded a contract with Senvion, a leading global manufacturer of wind turbines, for the supply and installation of 93 wind turbines for two wind farm projects in Chile. The Sarco and Aurora wind farms are owned by Aela Energia, the joint venture between Actis (60%) and Mainstream Renewable Power (40%). Read more

Grupo Luksic and Peru’s Nexus Group Set to Exit Alusa (en español)

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(El Comercio) Chile’s Grupo Luksic and Peru’s Nexus Group have reached an agreement to sell Alusa, the largest flexible packaging business in South America, for US$435m to Australian firm Amcor. The transaction is expected to close in the upcoming months. Read more

Colombian E-Commerce Platform LentesPlus Raises US$1m (en español)

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(Pulso Social) Colombian e-commerce startup LentesPlus has received a US$1m investment round from Colombian incubator InQlab, Mexican VC firm Stella Maris, and international angel investors. Read more

EPG Partners Exits Nubox with Sale to Riverwood Capital (en español)

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(Diario Financiero) Nubox, a Chilean firm that offers accounting, payroll and billing software as a service (SaaS), plans to invest US$12mn over the next five years in expansion and upgrades boosted by an investment from Riverwood Capital. Read more

Advent’s Grupo Biotoscana Acquires Laboratorio LKM

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(Press Release) Pharmaceutical company, Grupo Biotoscana SL in Latin America controlled by Advent International, announced it has completed the acquisition of Laboratorio LKM, a specialty pharmaceutical manufacturer based in Argentina. Read more

Sigma SAFI’s Chilena Colbún Acquires Peru’s Fenix Power

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(Gestión) An investor consortium composed of Chilean utility company Colbún, the Abu Dhabi Investment Authority (ADIA) and Sigma SAFI’s Infrastructure Fund has acquired thermoelectric power generation company Fenix Power Perú. Read more

Mountain Partners Buys 51% of Nazca Ventures Fund

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(Press Release) Further developing its company building activities in Latin America, Mountain Partners AG has recently acquired a majority stake in one of the leading Latin American investment and company building groups NAZCA Ventures. Read more

George Soros Puts Money on Latin America Hotels

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(WSJ) Billionaire George Soros’s investment firm has agreed to spend up to $300 million on an Argentine hotel company’s Latin America expansion, a vote of confidence in a region that has been suffering slow economic growth and waning investor interest. Read more