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

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

Blackstone eyes first Colombian RE foray

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(PEI) The New York-based private equity and real estate giant is partnering with two firms that originally had planned to raise a property fund targeting the Latin American nation. 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

The Rohatyn Group sells TGI stake

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(PE Hub) The Rohatyn Group‘s TRG Growth Fund II has sold its minority stake in Transportadora de Gas Internacional to majority shareholder Empresa de Energia de Bogota for $880 million. EEB is an energy holding company in Colombia with interests across the electricity and natural gas sectors. Read more

The first 100% online drugstore in Colombia receives investment from Axon Partners Group

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(PulsoSocial) Pidefarma.com closed its first private equity investment round of an undisclosed amount led by Axon Partners Group. It is the first 100% online drugstore in Colombia with initial operations in Bogotá, Medellín y Chía. Read more

Start-ups Rise as Murders Plummet in Medellín

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(Financial Times) As murder rates plummet, Medellín-based companies grow generating 7% of Colombia’s gross domestic product. The city has been selected as the venue for the 2016 Global Entrepreneurship Congress, run by the US-based Kauffman Foundation. Read more

Promotora Venture Capital Invests in Helppeople Software

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(Press Release) Colombia-based Promotora Venture Capital invests in Helppeople Software to strengthen the consolidation and expansion of its business model in Latin America. 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

The Terranum Group and Equity International Close Acquisition of Decameron Hotels & Resorts

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(Press Release) The Terranum Group and Equity International officially closed on the acquisition of Decameron Hotels & Resorts, the biggest hotel chain in Latin America. Read more