Member Profile: An Interview with Fernando Borges, The Carlyle Group

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Member Profile: An Interview with Fernando Borges, The Carlyle Group

LAVCA spoke with Fernando Borges, Managing Director at The Carlyle Group, about his firm’s focus on Brazilian consumer sector growth and Carlyle’s successful partnership with Banco do Brasil. Read more

Darby Backs Logistics and Cargo Operator in Ecuador

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(PEHub) December 3, 2012 – Darby Private Equity, the private equity arm of Franklin Templeton Investments, announced that Darby Latin American Mezzanine Fund II, L.P. (“DLAMF II”) completed an investment in Tabacarcen S.A. Tababela Cargo Center (“Tabacarcen”), the logistics and cargo operator at the new Mariscal Sucre airport in Quito, Ecuador. 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

Member Profile: An Interview with Diego Córdoba, Teka Capital

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Member Profile: An Interview with Diego Córdoba, Teka Capital

LAVCA spoke with Diego Cordoba, Co-Founder and Managing Partner at Teka Capital, about his firm’s vision to internationalize Colombian companies by serving the demand of Latin America’s growing middle-class. Read more

KKR in Talks to Buy Brazil Health Insurer-Report

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(Reuters) November 26, 2012 – Private-equity firm KKR & Co LP is in preliminary talks to buy Brazilian health insurer Golden Cross Planos de Saúde SA, Valor Econômico newspaper reported on Monday, without giving any sources. Founder Milton Afonso wants about 1.1 billion reais ($528 million) for Golden Cross, Valor said. Read more

Southern Cross gains control of Colombia’s Barranquilla port operator SPRB (en español)

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(El Heraldo.co) November 16, 2012 – Southern Cross Group has acquired more than 50% of the Sociedad Portuaria de Barranquilla, with an eye toward growing the Colombian port’s capacity to handle increased trade. Southern Cross estimates it will invest close to US$100 million in enhanced infrastructure and port technology. Read more

3i Looking to Raise $500M Brazil Fund

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(Reuters) November 15, 2012 – Private equity group 3i wants to launch a $500 million fund next year in Brazil, one new market still underpinning its turnaround plans as it retreats from Spain and Asia. Read more

Spectron Partners Join Alta Growth Capital Mexico Team

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(Alta Growth Capital) November 14, 2012 – Alta Growth Capital announced that Javier G. Teruel and Javier Garcia-Teruel, co-founders of Spectron Desarrollo, have agreed to join forces with Alta Growth Capital in Mexico. Read more

Latin America’s Navent Raises $30M From Riverwood Capital, Tiger Global To Bolster Regional Online Classifieds Business

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(TechChurch) November 13, 2012 – Latin American real estate and jobs classifieds company, Navent, has announced it’s raised $30 million in Series B funding from global technology private equity firm Riverwood Capital and global internet investor Tiger Global Management, also a controlling shareholder of the company. Read more

Ultrapetrol Announces Investment by Southern Cross Group

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(NASDAQ) November 13, 2012 – Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR), an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business and Ocean Business) and Sparrow Capital Investments, Ltd, a subsidiary of Southern Cross Latin America Private Equity Funds III and IV (“Southern Cross”), announced that they have entered into an investment agreement. Read more