
While many global investors are still on the sidelines in fall 2009, a short list of PE firms have successfully attracted new capital to Latin America in recent months. Back in May, Acon Investments held a first close on $100m in new commitments, and in August Aureos Capital announced that the firm had closed on $184m for its Aureos Latin America Fund.
China has approached the global financial crisis as a tremendous buying opportunity. In 2008, China invested over US$50 billion overseas. And earlier this year, Standard Chartered predicted that China would invest US$150-180 billion abroad. Latin America is an important target for Chinese investment, with potentially significant implications for the Latin American private equity community.
