Patrice Etlin, a Managing Partner of Advent International, was elected Chairman of the Latin American Private Equity & Venture Capital Association (LAVCA)* and will take up this role in January.
“LAVCA’s membership and influence have grown dramatically, and I am honored to be a part of the leadership team at such an important time in the development of the industry. While LAVCA has made great strides in advocating for and supporting the development of private equity and venture capital throughout Latin America, our work today is more critical than ever. Private equity and venture capital are enabling local companies to become competitive, not just locally, but regionally and globally,” said Etlin.
Mr. Etlin succeeds Eduardo Elejalde, Founding Partner of Latin America Enterprise Fund Managers, L.L.C. (LAEFM), who served as Chairman from 2006. Mr. Elejalde led the organization during a time of great transformation of the region’s significance as a private equity and venture capital market.
“Eduardo’s commitment to LAVCA has been unparalleled. We will miss his leadership, but look forward to his continued participation in the Association,” noted Cate Ambrose, President and Executive Director of LAVCA. “We are excited to welcome Patrice as LAVCA begins a new chapter in its growth. Under his leadership, LAVCA will continue to generate proprietary data and independent research for the region’s private equity and venture capital practitioners. In addition, we will be focusing on the launch of new products in response to investor demand, and expanding initiatives to support the region’s entrepreneurs and early-stage ecosystem.”
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