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
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Tags: Ecuador, Infrastructure, Member Firm
(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
Tags: Brazil, Member Firm, Private Equity
(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
Tags: Colombia, Deal, Member Firm
(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
Tags: Member Firm, Mexico
(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
Tags: Fundraising, Member Firm, Real Estate
(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
Tags: Deal, Member Firm
(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
(c) 2010 Latin American Venture Capital Association (LAVCA).