(Dow Jones) February 14, 2012 – Brazilian investment fund Patria Investimentos has bought a 50% stake in electric power trading firm Capitale Energia for an undisclosed amount. Continue reading “Brazil Fund Patria Buys 50% of Energy Trading Firm Capitale”
Vinci Buys 40% Stake in Brazil-based Le Biscuit (em português)
(Valor Econômico) February 10, 2012 – Asset management company Vinci Partners, has agreed to acquire 40% of Le Biscuit, a retailer of school supplies, home furnishings, toys and home utilities, based in Salvador, Bahia.Continue reading “Vinci Buys 40% Stake in Brazil-based Le Biscuit (em português)”
Discovery Americas II invierte 152.5M PD en ADM Educacion (en español)
(Terra) February 9, 2012 – Discovery Americas announced an investment of approximately US $11.9 M in Mexico’s ADM Education.Continue reading “Discovery Americas II invierte 152.5M PD en ADM Educacion (en español)”
BTG Pactual buys Chile’s Celfin in Latam push
(Reuters) February 8, 2012 – BTG Pactual, the Brazilian securities firm owned by billionaire financier Andre Esteves, is buying Chilean rival Celfin Capital for about $600 million as it seeks to win more investment banking and capital market advisory business in South America.Continue reading “BTG Pactual buys Chile’s Celfin in Latam push”
ASUR and Advent delivered bid to Brazilian Agencia Nacional de Aviacao Civil
(PeHub) February 7, 2012 – Grupo Aeroportuario del Sureste and backer Advent International have not been awarded permission to maintain, operate and expand any of the three Brazilian airports auctioned in a live public bidding held in Sao Paulo. Continue reading “ASUR and Advent delivered bid to Brazilian Agencia Nacional de Aviacao Civil”
Itau to spend $6.81 billion to take Redecard private
(Reuters) February 7, 2012 – Itau Unibanco (ITUB4.SA) (ITUB.N), Brazil’s largest private-sector lender, plans to spend as much as 11.77 billion reais ($6.81 billion) to buy out Redecard (RDCD3.SA), protecting the card payment processor’s position in an increasingly competitive industry.Continue reading “Itau to spend $6.81 billion to take Redecard private”
Pantheon hires Latin America head
(Private Equity) February 6, 2012 — Private equity investor Pantheon has appointed Jaime Londoño from Wilshire Associates to lead a push into Latin America, in a further sign of the region’s growing importance.Continue reading “Pantheon hires Latin America head”
Salamanca Capital Invests R$100M in Ecocil (em português)
(Valor Econômico) February 2, 2012 – Ecocil Incorporações, a company focused on residential projects in Rio Grande do Norte, received an investment of R $100M from private equity fund Salamanca Capital Investments. The investment will be used for expansion efforts.Continue reading “Salamanca Capital Invests R$100M in Ecocil (em português)”
HIG Capital opens office in Rio de Janeiro
(AltAssets) February 1, 2012 – Global private equity firm HIG Capital has opened an office in Rio de Janeiro, and appointed Fernando Marques Oliveira as a managing director to lead its Brazil and Latin America team.Continue reading “HIG Capital opens office in Rio de Janeiro”