Movile to Invest R$100m Across Latin America

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(Baguete) Movile, the Brazil-based app development and mobile content company, announced plans to invest R$100m in eight companies by the end of the year. Read more

Brookfield Renewable To Acquire 488 MW Diversified Renewable Portfolio In Brazil

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Brookfield Renewable Energy Partners L.P. announced an agreement to acquire a 488 MW multi-technology renewable portfolio in Brazil from Energisa S.A. The transaction represents a total enterprise value of approximately R$2.4b (US$935m), subject to working capital adjustments. Read more

Riverwood Capital Compra Conductor

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(Baguete) Conductor, a national payment processing business, was acquired by Riverwood Capital’s fund for an undisclosed amount. Read more

HelloFood and Delivery Hero Close a Series of Acquisitions Around the World

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(Startupi) Hellofood, the business leader in online food delivery, announced this week a series of acquisitions in strategic countries allowing companies to optimize their growth in an international environment. Read more

South Ventures Invests In Brazil’s Trocafone.com

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(South Ventures) South Ventures invested part of SV Global Fund II into Brazil’s Trocafone, a e-commerce site for mobile telephones. Read more

Advent Considers Peru Venture

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(DowJones) Advent International is weighing opening an office in Lima, Peru, following the successful close of its US$2.1b Latin America fund last week. The firm, which closed the fund on its hard cap on Nov. 6, is currently in negotiations over a “few deals” in Peru, which if successful, could see the firm open an office in the Peruvian capital, according to Latin America-based Managing Partner Patrice Etlin. Read more at Dow Jones.

Warburg Pincus Names MD in Brazil Office

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(PEHub) Warburg Pincus has hired Piero Minardi as a managing director in the firm’s São Paulo office. Previously, Minardi served as a partner at Brazilian investment firm Gávea Investimentos. Read more

Mexico’s Axis Capital Management Raised US$480m

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(Press Release) Mexico’s Axis Capital Management has just raised US$480m (MXN6,500m) for its latest investment vehicle or “CKD,” which will allow Mexican pension funds to invest in private equity.

PineBridge Investments Names John L. Thornton as New Non-Executive Chairman

(Press Release) Pinebridge Investments, the leader in investing in diversified asset classes, announced the nomination of John L. Thornton as their new non-executive Chairman which will be made effective November 21, 2014. Mr. Thornton will assume the chairmanship of E. Mervyn Davies, Lord Davies of Abersock, CBE, who successfully served as Chairman for 4 years. Read more

Advent International Raises US$2.1b Fund, Largest Private Equity Fund Dedicated to Latin America

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(Press Release) Advent International, one of the largest and most experienced global private equity investors, today announced that it has received US$2.1b in commitments for Advent Latin American Private Equity Fund VI, reaching the Fund’s hard cap after less than six months in the market. Read more