Last month LAVCA released the 2013 Scorecard on the PE/VC Environment in Latin America, and the results appear scripted to reflect recent headlines from business and mainstream media: Mexico, Colombia and Peru are the investor favorites. Read more
Amerigo Ventures Colombia is launched with $65 million in capital and two startup investments (en español)
(Pulso Social) Amerigo Colombia Ventures has closed its first investments, and plans to close 19 deals over the next three years. The fund has a capital of $65 million and an expert team based in Bogota. Amerigo Ventures Colombia is the first venture capital fund that specializes in investing in digital economy companies in early stages of development or that are in the process of regional expansion in Latin America. Read more
(The Next Web) (2 April 2013) A little over a month after Linio announced a whopping $26.5m funding round from Summit Partners, Rocket Internet‘s Latin American Amazon clone has unveiled yet another chunky investment.
This time round, Linio has nabbed €25m ($32m USD) from the Santo Domingo Group, half of which will come from Valorem, which is an Anonymous Society registered on Colombia’s Stock Exchange, managed under the philosophy of an “Investment Fund based in the creation of sustainable value for all of its stakeholders.” Read more
(El Heraldo.co) November 16, 2012 – Southern Cross Group has acquired more than 50% of the Sociedad Portuaria de Barranquilla, with an eye toward growing the Colombian port’s capacity to handle increased trade. Southern Cross estimates it will invest close to US$100 million in enhanced infrastructure and port technology. Read more
Burger King Worldwide Continues Its Aggressive Global Expansion Plans with a New Franchise Agreement in Colombia
(BUSINESS WIRE) October 23, 2012 – Burger King Worldwide (NYSE: BKW) announced an exclusive restaurant development agreement with Fondo Escala Capital, a private equity fund managed by Promotora, to further develop the BURGER KING® brand in Colombia by more than 100 new points of sale within the next five years. Read more