(Bloomberg) Actis LLP, a London-based private equity company and Mainstream Renewable Power Ltd. will develop $1.4 billion of wind and solar projects in Chile to help curb electricity shortages threatening the mining industry. Read more
Actis Joins Mainstream on $1.4 Billion of Clean Energy in Chile
Tags: Actis LLP, Chile, Mainstream Renewable Power, Private Equity
Gávea Invests R$ 1.5b in Vehicle Rental Company, Unidas (em português)
Tags: Brazil, Gavea, Kina, Private Equity, Retail, Unidas, Vinci
Blackstone, Patria Closer to Buying Brazil Gafisa Unit
Tags: Alphaville Urbanismo SA, Blackstone Group, Brazil, Private Equity
(Dow Jones) Talks between Brazilian home builder Gafisa SA and Blackstone Group, as well as the New York firm’s Brazilian partner, Patria Investimentos, over the sale of subsidiary Alphaville Urbanismo SA are advancing and a deal could be announced soon, said a person familiar with the negotiations. Read more
Brookfield Closes Second Brazilian Timber Fund on $270m
Tags: Brazil, Brookfield Asset Management, Private Equity, Timber Fund
(Research Receptor) Brookfield Asset Management’s second Brazilian timber fund has held a final close of $270m, which was far ahead of its initial target of $200m. Read more
Brazilian Banks Intensify Private-Equity Investments
Tags: Brazil, Private Equity
Valor) Becoming a company shareholder also brings business opportunities in services such as public offerings and advisory in mergers and acquisitions. Read more at Valor
Carlyle’s Ri Happy Aims to Reach IPO by 2015
Tags: Brazil, Carlyle Group, IPO, Private Equity, Ri Happy
Valor) Ri Happy, the largest toy retailer in Brazil, controlled by Carlyle, plans to double revenues in two years and reach scale that justifies going public.Read more at Valor
Confrapar’s HorizonTI Closes Investment Period with $24.8 Million in Committed Capital
Tags: Brazil, Confrapar, HorizonTI, Private Equity, Technology
(Crunchbase) Confrapar’s first fund HorizonTI celebrated the end of its investment period with R$ 24.8 million of committed capital. HorizonTI is now entering its divestment period in six technology companies, five of which have already received series B investment rounds. During the first three and a half years of the fund, 250 new jobs were generated in the state of Minas Gerais, where the fund operates. Read more
GP Investments Buys Stake in Switzerland’s Apen for $33 Million
Tags: Apen, Brazil, Emerging Markets, Latin America, Private Equity, Switzerland
LarrainVial and Mineria Activa III Launch Mining and Agriculture Funds (en español)
Tags: Agribusiness, Agriculture, Chile, LarrainVial, Mining, Private Equity
(Funds Americas) With assets of $ 47 million, the private equity fund Mineria Activa III seeks to promote at least three mining development projects. On the other hand, the agricultural venture capital fund Sembrador Venture, involving Subsole and LarrainVial, is starting a third investment vehicle under the name of Victus. Read more
MRV’s Log will receive an investment of R$278 Million (em português)
Tags: Bradesco, Brazil, Logistics, Private Equity
(Valor Econômico) Log Commercial Properties – a subsidiary of MRV Engenharia focused on assets for logistics centers – will receive R$ 278 million for its growth strategy. Of the total, R$ 150 million will provided by the current owners of Log. The remaining R$ 128 million will be paid by a private equity fund managed by Bradesco BBI, which will take a 9.9% share of Log. Read more at Valor Econômico.
