The Latin America Venture Capital Association announces the appointment of Susana Garcia-Robles, Lead Investment Officer, Early Stage Financing Group of the Multilateral Investment Fund (an independent fund established by the Inter-American Development Bank), Alvaro Goncalves, Founding Partner, CEO and Chairman of the Investment Committee of Stratus Group, and Susan Segal, President and CEO of the Americas Society and Council of the Americas to its Board of Directors.
Ms. Garcia-Robles is a prominent figure in Latin America seed and venture capital development, having invested in 47 funds throughout the region. Since 1999 she has led the MIF’s activities in this area, including microfinance activities in Argentina and Uruguay.
Mr. Goncalves is a leader in Brazilian private equity and venture capital. Stratus Group was the 2010 winner of the Inovar’s Best Governance Award and currently manages a $285 million mid-market private equity fund, which includes a mezzanine infrastructure fund in joint venture with Darby Overseas. Mr. Goncalves has also served as Chairman of the Brazilian Private Equity Association.
Ms. Segal was a pioneer in early stage venture capital investing in the region while working at Chase Capital Partners/JPMorgan Partners in the 1990s. She backed companies including Star Media, which reached an IPO on the NY Stock Exchange. She continues her commitment to entrepreneurs in the region by currently serving on the Advisory Board of Endeavor.
“On behalf of the entire board, I’d like to officially welcome Ms. Garcia-Robles, Mr. Goncalves and Ms. Segal. We are very excited to have such three distinguished and knowledgeable leaders join the LAVCA Board of Directors. The organization continues to grow and undertake new initiatives to support the growth of Latin American private equity and venture capital, and we look forward to the experience and the support these new members will bring,” commented Eduardo Elejalde, LAVCA Chairman.
Other current members of the LAVCA Board of Directors include, Cate Ambrose, LAVCA; Ernest Bachrach, Advent International; Enrique Bascur, CVC International; Eduardo Elejalde (Chairman), Latin America Enterprise Fund Managers; Erik Peterson, Aureos Capital; Marcus Regueria, FIR Capital; Arturo Saval, Nexxus Capital and J. Scott Swensen, Conduit Capital.
For complete bios of all board members, click here.