The Latin American Private Equity & Venture Capital Association announced the winners of the 2018 Latin American Private Equity Awards. A panel of institutional investors selected MAS Equity Partners for the 2018 Private Equity Deal for their investment in dining and entertainment company Inmaculada Guadalupe y Amigos (Grupo IGA), owner of popular Colombian restaurant chain Andrés Carne de Res. MAS Equity Partners led Grupo IGA on an important expansion in Colombia and pan regionally, before selling the company for a 7X return.
Ashmore Management Company Colombia received the 2018 Environmental Responsibility in a PE Deal award for their investment in transportation company Transambiental; Victoria Capital Partners was awarded the 2018 Social Responsibility PE Deal for building materials company Corona Industrial; and Actis earned the 2018 Governance in a PE Deal award for their investment in Costa Rican renewable energy company Globeleq Mesoamerica Energy.
Judges included international institutional investors such as development finance institutions, insurance companies, pension funds, and trusts. Scores took into consideration company transformation, IRR, EBITDA, governance, and where relevant, social and environmental impact.
Award winners were honored during a special Latin American luncheon at the PEI/PRI Responsible Investment Forum on Tuesday, March 20, 2018 in New York. These deals and others are highlighted in the fourth edition of the Latin American Private Equity Deal Book and ESG Cases, published in partnership with BID Invest. Over 50 deal cases have been published by LAVCA since 2014.
Produced by LAVCA and BID Invest, The Latin American Private Equity Deal Book & ESG Cases illustrates real examples of the value add of private equity in Latin America. Case studies also highlight environment, social, and governance (ESG) efforts.
The Latin American Private Equity awards bring recognition to fund managers with successful deal cases in Latin America. Honored investments were published in the Latin American Private Equity Deal Book & ESG Cases, in response to demand from LPs for specific examples of private equity case studies.
Over 50 deals have been published by LAVCA since 2014.
A panel of institutional investors selected MAS Equity Partners for the 2018 Private Equity Deal for their investment in dining and entertainment company Inmaculada Guadalupe y Amigos, owner of popular Colombian restaurant chain Andrés Carne de Res. Ashmore Management Company Colombia received the 2018 Environmental Responsibility in a PE Deal award for their investment in transportation company Transambiental; Victoria Capital Partners was awarded the 2018 Social Responsibility PE Deal for building materials company Corona Industrial; and Actis earned the 2018 Governance in a PE Deal award for their investment in Costa Rican renewable energy company Globeleq Mesoamerica Energy.