(PEHub) Elevar Equity said Wednesday that its third venture capital fund closed at US$74 million. Elevar Equity III L. P. will focus on commercial investments in early stage companies providing financial services, education, housing and healthcare to low-income communities primarily in India and Latin America. Investors of Fund III include the Rockefeller Brothers Fund, Oblate International Pastoral Investment Trust, JPMorgan Chase & Co., Omidyar Network, Prudential Financial Inc., the Rockefeller Foundation, Blue Haven Initiative, Treehouse Investments as well as family offices, private foundations and a university endowment. Read more
published by Editor on November 11th, 2015
published by Editor on November 8th, 2011
(IGNIA) November 8, 2011– IGNIA Fund I, LP, the first impact investing fund in Latin America, announced that it has invested MXN$44.0 million (US$3.3 million) in Comunidades que Renacen S.A.P.I. de C.V. (“Provive”), an innovative business that acquires, refurbishes, and sells foreclosed homes in low-income housing developments Read more
published by Editor on October 1st, 2010
(Equity International) October 1, 2010 – Equity International (EI), the privately held company focused on investing and building world-class companies outside of the United States, announced today the sale of approximately 13.2 million common shares of Gafisa S.A. (Bovespa:GFSA3; NYSE:GFA), a leading national homebuilding company in Brazil, for approximately R$175 million (US$103 million). Read more
published by Editor on July 6th, 2010
published by Editor on June 18th, 2010
published by Editor on May 26th, 2010
published by Editor on March 2nd, 2010
(Euro Investor) March 2. – Inpar S.A. (BOVESPA: INPR3) announced that it has successfully completed an offering of 87,500,000 common shares at a price of R$ 3.20 per share (“Offering”), receiving proceeds of R$280 million. In addition, Inpar has obtained R$ 300 million of new SFH credit lines provided by Bradesco, Santander and HSBC. These additional credit facilities will be used to fund up to 80% of the construction cost for development projects. Read more
published by Editor on February 24th, 2010
February 24, 2010: In February 2010, CASEIF Corporation II successfully completed its first exit in CECONSA Nicaragua (CECONSA), two years and three months after the closing of the deal. CECONSA is a housing developer that developed “Ciudad Real” a 315 house project in Nicaragua. The investment was structured in a mezzanine loan, and the rationale for the investment was the acceleration of the house production in response to a strong demand.
published by Editor on December 25th, 2009
December 22 – The Andean Development Corporation (CAF) has approved US$5mn for risk capital fund Fondo IGNIA, which aims to finance SMEs in Latin America in the health, housing and education sectors, among others, CAF said in a press release.
published by Editor on November 6th, 2009
Mexico, Oct. 26 /PRNewswire/ — Southern Cross Group, Evercore Mexico Capital Partners (jointly the “Funds”) and Servicios Corporativos Javer, S.A.P.I de C.V. (“Javer” or the “Company”) announced today that they have signed an agreement by means of which the Funds acquire a controlling interest in the Company.