Warburg Pincus Completes US$4b Global Private Equity Energy Fundraise

(Press Release) Warburg Pincus (“the firm”), a leading global private equity firm focused on growth investing, today announced the closing of Warburg Pincus Energy, L.P. (“Warburg Pincus Energy”) at $4 billion, surpassing its fundraising target of $3 billion and reaching the fund cap agreed with investors. Warburg Pincus Energy will be a companion fund to Warburg Pincus Private Equity XI, L.P., an $11.2 billion global private equity fund, which closed in May 2013. Warburg Pincus Energy was launched in November 2013 and held an oversubscribed first close in May 2014.
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Breakout Brazilian Food Delivery Service iFood Acquires Papa Rango and Alakarte To Expand Across Brazil

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(Webwire) iFood is announcing the acquisition of Papa Rango and Alakarte , two competitors in Brazil’s fierce market for food deliver y services. With these acqu isitions, iFood brings eighteen new cities into its network and expects to add over 50 thousand orders per month, bringing its total orders per month to over 400,000. iFood is now the go-to delivery service for the majority of Brazil. Read more

Spanish Placement Agent Sabertia Hires London Head Juan Savino

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(Financial News) Barcelona-based placement agent Sabertia Capital Partners has hired an executive from the Latin American private equity association, Juan Savino, to lead its London operations. Read more

Argentine Cygnus VC Fund Has Commenced Trading on Startup Stock Exchange

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(PulsoSocial) Cygnus VC and Startup Stock Exchange (SSX) announced that CygnusFund I (aurantium) has been approved and is now available for public trading under the SSX electronic market under the symbol CYGN. Read more

Ecus Private Equity Launches US$100m Ecus Renewable Energy Fund in Chile

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(Press Release) Ecus Private Equity, a local, dedicated and independent funds manager with vast experience in the Chilean small and middle market is currently fundraising for its latest vehicle, Ecus Renewable Energy Fund. The Fund, structured as a close-end regulated public fund, has a target of US$ 100 million and expects to reach a first closing in Q1 of 2015, complementing the seed capital of US$ 7 million already provided by AXA Group. Read more

Brazil’s Portal Profes Receives Another Investment (em português)

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(Startupi) Portal Profes, which helps students find particular classes, received an investment from Grid Investimentos of an undisclosed amount. Read more

CinePapaya, the Startup of Peru’s Gary Urteaga, Raises US$2M from Movile (en español)

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(Pulso Social) Movile, the Brazilian internet conglomerate, is placing all bets on the Latin American consumer. After raising US$55m to finance their plan to “unify the electronic market by making the shopping experience easier and better for all,” Movile has just invested US$2m in CinePapaya, Peru’s mobile movie ticket vendor and start-up. Read more

KIO Networks Finalizes Acquisition of RedIT

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(PRNewswire) KIO Networks, an international provider of Information Technology services and mission-critical on-demand data centers, has concluded the final regulatory process regarding the acquisition of redIT, an international company specializing in providing IT managed cloud, connectivity, and data center services in the U.S. and Mexico. Mexican PE fund LIV Capital and the Abraaj Group had both backed RedIT. Read more

Mexico’s Axis Capital Management Back in the Market with a Target of MXN6.9bn (US$510m) (en español)

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(Press Release) Axis Capital Management is back with a Target of MXN6.9bn (US$510m). Read more

Magma Partners Invests in Deenty “The Google of Chilean Dentists”

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(PulsoSocial) Chilean-American private equity fund Magma Partners, which was launched this year with US$5m, added Deenty, an online dentist search platform, to their portfolio. Read more