(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.
(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
(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
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.