El Paso Fire & Police Pension Funds Commits to Southern Cross

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(Pensions & Investments) El Paso (Texas) Firemen & Policemen Pension Fund committed $8 million to Southern Cross Latin America Private Equity Fund V. Read more

Alta Growth Capital Completes the Acquisition of Fruehauf de Mexico

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(Press Release) Alta Growth Capital (“AGC”) announced that it has completed the acquisition of Fruehauf de Mexico, the leading manufacturer of semi-trailers for industrial and commercial use in Mexico. Terms of the acquisition were not disclosed. “We are excited to acquire such an iconic brand in the semi-trailer industry,” said Scott McDonough, Managing Director at AGC. “We believe Fruehauf is well-positioned to benefit from growing transportation needs in Mexico as the country’s middle class continues to expand.” Read more

H.I.G. Races through Fundraising on Debut LatAm Fund

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(PEHub) H.I.G. Capital is moving at a quick pace through its debut Latin American fund, and expects to be wrapped up this year, according to three people with knowledge of the fundraising. Read more

The Carlyle Group to Acquire and Merge Nuevo Mundo Viajes and Condor Travel

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(Press Release) Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced it has agreed to acquire two established Peruvian tourism companies, Nuevo Mundo Viajes and Condor Travel, and merge them to create a regional tourism platform. Nuevo Mundo is the chief outbound tour operator in Peru and Condor Travel is a prominent inbound tour operator in Peru. Equity for the transaction will come from the Carlyle Peru Fund. Financial terms of the transaction, which is expected to close in September, were not disclosed. Read more

ALLVP Invest in Leading Provider of Residential Solar Power Enlight

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(Press Release) Today, Antoni & Lelo de Larrea Venture Partners announced their investment in Mexico’s leading solar electricity solution provider Enlight (formerly Enerclima), further placing their bet on the electricity sector in Mexico in addition to its partnership with Mexico’s first electricity broker-dealer E3. Read more

Aqua Capital Completes Third Deal & Acquires a Majority Stake in GeneSeas

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(PEHub) GeneSeas has units in the states of Sao Paulo and Mato Grosso do Sul. The GeneSeas transaction marks the third deal closed by Aqua Capital in 2015. Read more

Loggi Receives Investment of R$50m (em portuguêse)

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(Fusões & Aquisições) Loggi, the online express delivery services, just received financing totaling R$50m from three venture capital funds, Dragoneer Investment Group, Monashees Capital and Qualcomm Ventures. Read more

Gávea Buys 5% in Brazilian Clothing Brand, Hering

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(Veja.com) Gávea has acquired a 5.3% stake in Brazilian clothing brand Hering via a PIPE transaction. Read more

Hortifruti Buys São Paulo Rival Natural da Terra (em portuguêse)

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(Valor Econômico) Brazilian food retailer Hortifruti has just acquired rival firm Natural da Terra. This transaction is waiting for approval from Brazil’s Economic Defense Administrative Committee (CADE). Hortifruti was backed in 2010 by Bozano Investimentos, which is currently trying to sell a 35% stake it has in this firm. Read more

Guia Bolso Attracts R$22m in New Financing

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(Valor Econômico) Brazilian fintech startup Guia Bolso has received a R$22m financing round from Ribbit Capital, Omidyar Network, QED Investors. Individuals investors Ed Baker from Uber, Mark Goines from Mint.com, and Peter Kellner from Endeavor, and previous backers e.Bricks, Valor Capital, and Kaszek Ventures also participated in this round Read more