LAVCA | The Association for Private Capital Investment in Latin America
  • About
    • About LAVCA
    • Board, Team, & Advisors
    • Media
    • Contact
  • Members
    • Membership Benefits
    • Current Members
    • Member Access
  • Education & Programs
    • About
    • LAVCA Week
    • Calendar & Past Programs
    • LAVCA Education
  • Research & Directories
    • LAVCA Research
    • Industry data
    • LP Survey
    • Directories
  • ESG & Impact
    • Deal Book
    • LAVCA ESG Deal Awards
    • Impact Report
    • ESG Guidelines
  • Articles
    • Featured Articles
    • Industry News
  • VC
  • Member Login
  • Member Access

LAVCA | The Association for Private Capital Investment in Latin America

A non-profit member organization

  • About
    • About LAVCA
    • Board, Team, & Advisors
    • Media
    • Contact
  • Members
    • Membership Benefits
    • Current Members
    • Member Access
  • Education & Programs
    • About
    • LAVCA Week
    • Calendar & Past Programs
    • LAVCA Education
  • Research & Directories
    • LAVCA Research
    • Industry data
    • LP Survey
    • Directories
  • ESG & Impact
    • Deal Book
    • LAVCA ESG Deal Awards
    • Impact Report
    • ESG Guidelines
  • Articles
    • Featured Articles
    • Industry News
  • VC

Hamilton Lane Holds Final Close On First Brazil Fund-of-Funds

12 March 2014

(Reuters) Hamilton Lane, a leading global private markets asset management firm, today announced the final closing of its first dedicated fund in Brazil, closing on R$150m (around US$63m).

The Fund represents a major milestone for both Hamilton Lane and Brazil, as it is the country’s first fully-integrated private equity fund-of-funds including primaries, secondaries and co-investments.

The Fund is comprised of a diverse group of Brazilian institutional investors, including pension funds, multi-family offices and financial institutions. At the time of closing, the Fund had already committed nearly R$55.8m through six deals, which are diversified across vintage year, strategy and maturity. The Fund will target investment opportunities throughout Brazil and specifically in the healthcare, education, natural resources, energy and essential consumer goods sectors.

“We are pleased to announce the final close of our first fund in Brazil,” said Mario Giannini, Chief Executive Officer of Hamilton Lane. “Brazil’s economic and investment landscape has continued to mature since our venture into the region, and the country has established itself as a key area of opportunity in private markets investing. We remain committed to the region for the long term and look forward to continuing to build on our success in Brazil and across Latin America.”

Ricardo Fernandez Jr., Co-Head of Hamilton Lane’s Rio de Janeiro office, added: “The growing middle class, improved regulatory framework and healthy global business ecosystem have laid the foundation for sound market opportunities in Brazil. Although our long-term views have remained the same since we launched the Fund, we have seen entry-level prices dropping substantially since the first closing and we are capitalizing on the resulting opportunities. Given the uncertainty around the capital markets right now, Brazilian institutions are looking to partner with the right manager to help them find ways to continue to grow. We are confident that we will see strong vintages in this Fund.”

Hamilton Lane opened its first office in Brazil in September 2011 and has been actively investing in the region since 1997, currently managing more than $1.2 billion throughout Latin America. Hamilton Lane has steadily grown its presence and resources in Brazil and today boasts a team of four investment and business development professionals in the Rio de Janeiro office, which is managed by Ricardo Fernandez Jr. and Filipe Cerqueira Caldas. The two have nearly 20 years of combined experience in the private markets and Latin America, enabling them to provide Hamilton Lane’s clients with invaluable local expertise and insight.

Hamilton Lane Holds Final Close On First Brazil Fund-of-Funds was last modified: March 17th, 2014 by Editor
BrazilFund of FundsHamilton Lane
0
Facebook Twitter Google +

Tech Growth Membership

The 2023 LAVCA Startup Founders Survey is made possible thanks to the support of LAVCA’s Tech Growth Membership, a group of leading tech companies and investors advancing the tech ecosystem in Latin America including AWS, Mercado Libre, Microsoft, Qualcomm Ventures, SVB, Riverwood Capital, Google and Movile.

VC Partner Events

    Tweets

    Missing consumer key - please check your settings in admin > Settings > Twitter Feed Auth

    Submit VC News

    Have private equity or venture capital related news that you would like to share? Submit your press releases and news to [email protected].

    VC Industry News

    • Valor Capital Group and NFX Co-Lead USD9.3m Series A for Brazil’s Praso

      30 August 2023
    • EQT Growth Leads USD85m Series F for Brazil’s Gympass at USD2.2b Valuation

      23 August 2023
    • Tiger Global Leads USD61m Series B for Brazil’s Nomad 

      22 August 2023
    • NASZCA and IDB Invest Lead USD15.5m Series A for Mexico’s Wonder Brands

      17 August 2023
    • Victory Park Capital Provides USD100m Credit Facility for Mexico’s Klar

      15 August 2023
    • General Catalyst Lead USD45m Series B for Brazil’s Tractian

      7 August 2023
    • General Catalyst Leads USD45m Round for Brazil’s Tractian

      7 August 2023
    • ADQ Provides USD100m In Convertible Debt to Brazil’s Loft

      2 August 2023
    • Danish SDG Investment Fund Leads USD31.5m Series C for Mexico’s Bright  

      27 July 2023
    • Colombia’s Foodology Raises USD17m from Andreessen Horowitz, 30N Ventures and Chimera

      19 July 2023

    About LAVCA

     

    LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

    LAVCA Office

        New York City:
        589 8th Ave, 18th Floor
        New York, NY 10018

    Explore LAVCA.org

    • About LAVCA
    • Board, Team, & Advisors
    • Media
    • Contact Us
    • Membership Benefits
    • Members Only Access
    • Education and Programs
    • Research
    • Policy
    • LAVCA VC
    • Contact Us

    @2020 - LAVCA. All Rights Reserved.


    Back To Top