Advent International Raises US$2.1b Fund, Largest Private Equity Fund Dedicated to Latin America

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(Press Release) Advent International, one of the largest and most experienced global private equity investors, today announced that it has received US$2.1b in commitments for Advent Latin American Private Equity Fund VI, reaching the Fund’s hard cap after less than six months in the market. Read more

Riverwood Closes Over US$1b Fund II with Potential for Investments in Latin America

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(PEHub) Riverwood Capital, formed in 2008 by executives from Kohlberg Kravis Roberts and Citigroup, has closed its second fund on its US$1.25b hard cap and may have collected a bit above the cap, according to two people with knowledge of the fundraising. Read more

Gávea Investimentos and Advent International Capture More than $R20b to Invest in Businesses (em português)

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(Valor Economico) Fund Managers Gávea Investimentos and Advent International are in the final stages of raising two new private equity fund in the market at $2.1bn and $1.2bn, respectively. With the two funds, total funds for investments in Brazil and Latin America this year will reach US$8.6b. Read more

Mexico’s Axis Capital Management Back in the Market with a Target of MXN6.9bn (US$510m) (en español)

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(Press Release) Axis Capital Management is back with a Target of MXN6.9bn (US$510m). Read more

South Ventures Fund in AlaMaula Invests

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(South Ventures) The Founder of AlaMaula invested in South Venture’s SV Global Fund II, which has received investments from over 200 investors. Read more

Invest Tech Raises R$209m for IT and Telecom (em português )

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(Consecti) Invest Tech, a private equity fund manager focused on technology and telecommunications, closed its second fund, with assets of R$209m, exceeding their fundraising goal of R$180m. Read more

Alta Growth Capital closes Mexico Fund II with US$142m

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(Press Release) Alta Growth Capital (“Alta”) announced today that it has completed a final close of Alta Growth Capital, Mexico Fund II, L.P. (“AGC Fund II”) with $142 million in commitments. AGC Fund II is nearly double the size of Alta’s debut fund which closed in 2009. All of the institutional investors from Fund I committed to AGC Fund II along with several new limited partners. Altogether, Fund II was supported by a diverse group of Mexican and international LP’s. Read more

Advent Nearing Close of Sixth Latin American Private Equity Fund

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(Dow Jones) Advent International expects to wrap up fundraising for its sixth Latin American private equity fund, for which it is targeting US$2b, by late September, according to a presentation delivered by the firm to the Washington State Investment Board on Sept. 4. Read more

Brazil’s NEO Investimentos Targets International Capital for First Time

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(PEHub) NEO Investimentos, a Brazilian-based GP, is raising its third fund and targeting international limited partners for the first time, according to two people with knowledge of the process, as well as regulatory documents. Read more

Advent US$2b Latin America Fundraise Confirmed by LPs

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Limited partners have confirmed that Advent International is fundraising for a US$2b Latin America-focused fund. Read more