Promotora Venture Capital Exits Easy Solutions

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(PRWeb) Medellín, Colombia-Promotora’s Venture Capital Fund makes its second exit as Medina Capital Partners buys stake in Easy Solutions. Read more

Mexican Hotel Readies IPO

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(Latin Finance) Hoteles City is preparing to become the latest PE-backed Mexican company to IPO. The operator of hotel chains including City Suites and City Express is planning a sale of primary and secondary shares in the US and international markets, according to a prospectus. Read more

Carlyle Reduces Stake in Brazil’s Qualicorp

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(Dow Jones) November 30, 2012 – Carlyle Group sold a portion of its shares in Brazilian healthcare company Grupo Qualicorp SA , reducing its stake to 5.93% from 17.47% in an operation that could amount to 919.5 million Brazilian reais ($437 million). Read more

Repsol sells non-strategic assets in Chile for $540M

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(Repsol) July 19, 2012 – Repsol has reached an agreement with a consortium of Chilean investors, led by LarrainVial, for the sale of 100% of its subsidiary Repsol Butano Chile for approximately $540M. Read more

SEAF Funds Complete Exit from Peruvian Hydroelectric Power Plant Investments

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(SEAF) June 13, 2012 – Small Enterprise Assistance Funds (SEAF) announced that three SEAF-managed Latin American funds exited their investment in Hidroelectrica Santa Cruz S.A.C (HSC), a hydroelectric power plant operator in Peru, in February. Read more

Brazil Potash Corp Completes US$58M Capital Raising

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(Brazil Potash) May 31, 2012 – Brazil Potash Corp. (“BPC” or the “Company”) is pleased to announce the successful completion of a US$58.66 million capital raising to further the exploration for potash at the Company’s Amazon Basin project, Brazil. The Project is located in Amazonas State, Brazil, adjacent to Petrobras’ Fazendinha and Arari Potash deposits.

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Ideiasnet sells a stake in Spring Wireless

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(Ideiasnet) May 4, 2012 – Ideiasnet announces the sale of its 4.1% stake in Spring Wireless, a Brazilian enterprise with company value of R$ 329 million, that offers end-to-end solutions in mobile technology platforms, to Industry Ventures Fund. Read more

Conduit Capital Partners Agrees to Sell Remaining Interest in Peruvian Pipeline

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(Conduit Capital) April 2, 2012 – Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment in Latin America and the Caribbean, today announced that it has agreed to sell its remaining interest in the Peruvian pipeline project Gasoducto Andina del Sur (“Kuntur”) to Odebrecht, the Brazilian construction conglomerate. Terms were not disclosed. Read more

Brilla Reaches First Close for Colombian Hotel and Resorts Fund

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(peHUB) March 28, 2012 – Brilla Group, a Miami-based private equity firm focused on the luxury beachfront hotel and resort asset class in South Florida, the Caribbean, México, Central America, and Colombia, completed the first closing for its Colombian Beachfront Hospitality Private Equity Fund on February 1st, 2012. Read more

PE/VC Firms Raise Historic Record of $10.3 Bln for Latin America in 2011

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PE/VC Firms Raise Historic Record of $10.3 Bln for Latin America in 2011

LAVCA Releases 2011 Data on Private Equity & Venture Capital in Latin America


New York, March 21, 2012 – Fundraising by private equity and venture capital firms investing in Latin America reached a historic record of $10.3 bln in 2011, an increase of 27% from the previous year’s record of $8.1 bln, according to 2012 LAVCA Industry Data released today by the Latin American Private Equity & Venture Capital Association (LAVCA).

Brazil-dedicated funds captured $8.1 bln of the total capital committed. Five funds raised by local firms Gávea Investimentos, Vinci Partners, BTG Pactual and Patria Investimentos (raised two funds) accounted for $7.3 bln of the fundraising total for the country, illustrating the strength of Brazil’s experienced asset managers and the desire of global investors for exposure in Brazil.

Regional funds accounted for $1.1 bln of total capital committed. While The Carlyle Group raised a specific pan-South American fund with $776M in commitments, other global players are opting to invest in the region through emerging markets-dedicated funds instead of raising targeted Latin America vehicles.
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