Actis Joins Mainstream on $1.4 Billion of Clean Energy in Chile

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(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

Latin America’s TOTVS Ventures leads $22m deal for GoodData

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Alt Assets TOTVS Ventures, the investment arm of Latin American enterprise software company TOTVS, has led a $22m Series D investment into San Francisco’s cloud-based big data analytics platform GoodData. Read more

ACON Investments Exits Investment in InverCap

(Press Release) ACON Latin America Opportunities Fund (“ALAOF”), a private equity investment fund managed by an affiliate of ACON Investments, L.L.C., (“ACON”), announced today that it has exited from its investment in InverCap Holdings (“InverCap” or the “Company”). InverCap’s main subsidiary, Afore InverCap, is the largest independent pension fund manager in Mexico. Read more

Gerbera Capital and Mexico Ventures Close Series B for ID90T

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(Press Release) Gerbera Capital and Mexico Ventures, with participation from existing investors Baroda Ventures and Thayer Ventures led the closing of a Series B financing round in ID90T, a company that provides airlines a SaaS platform to automate airline employee travel programs across the globe. Read more

Gávea Invests R$ 1.5b in Vehicle Rental Company, Unidas (em português)

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(Exame) São Paulo – Two years ago private equity funds Gávea , Kinea and Vinci bought 47% stake in vehicle rental company Unidas for R$300 million. The funds now have a controlling stake in the company with an investment equal to R$1.5 billion. Read more

Natue, Backed by Project A Ventures, Announces New Investment Deal

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(Pulso Social) Natue, a Brazilian e-commerce platform for natural products and food items, has announced a new investment round. The startup has closed a deal with Alstin and Lakestar for US$8 million (R$16 million). Read more

Blackstone, Patria Closer to Buying Brazil Gafisa Unit

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(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

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(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

500 Mexico City to Invest in 18 New Startups

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(Pulso Social) Of the 250 companies that were evaluated, 500 Mexico City, a subsidiary of 500 Startups from Dave McClure – has decided to bet on 18 companies. Although most are Mexican, for the first time they will invest two foreign companies from Colombia. Read more

Nulu raises U.S. $ 1.75M to Consolidate in Latin America

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(Pulso Social) The startup Nulu, an online English and Spanish online education platform, closed a round of initial investment of $ 1.75 million. Read more