(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
(Veronorte) Veronorte and Grupo Sura have partnered to create a new VC investment program, Programa de Inversión Veronorte, through which the firms will be able to identify and invest in businesses with high-growth potential, a strategy that aligns with SURA’s business strategy and that have positive economic, environment and social impact in the regions in which they reside.
(Press Release) Any startups aspiring to enter Wayra, the corporate accelerator for Telefónica Open Future_, will be able to apply to develop their idea at the academies in Caracas (Venezuela), Lima (Peru), Spain (Madrid and Barcelona), Santiago (Chile), Bogotá (Colombia) and Munich (Germany). Deadline for submissions is May 8, 2016. Read more
(Press Release) Leading impact investor Gray Matters Capital has made an equity investment in Aulas AMiGAS, a high growth education company based in Medellin, Colombia that develops technology transforming how students learn across Latin America. As part of the investment, GMC also has participation in start-ups SuperProfe, Editorial Aulas AMiGAS, Domoti, QBIC, and La Fundacion Aulas AMiGAS. GMC’s Director of Latin American investment, Sebastian von Stauffenberg commented that “the investment in Aulas Amigas gives GMC a strong entry in the Latin American education market.” Read more
Afluenta, the Leading Latin American Peer Lending Network, Receives US$8m from IFC and Elevar Equity to Expand in the Region
(PRNewswire) Afluenta, the leading Latin America peer-to-peer lending network that brings together investors and creditworthy borrowers, announces today the completion of its Series B funding round from the International Finance Corporation (IFC), the private sector institution of the World Bank Group, and Elevar Equity, a leading impact venture capital firm. IFC and Elevar Equity are investing US$4m each. Read more