LAVCA distributes the latest PE/VC activity in Latin America via its proprietary publications, the LAVCA Private Capital Update and the LatAm Venture Bulletin.
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Green Visor Capital in Silicon Valley led a US$2.2m investment in Tpaga, a Colombia-based mobile payment platform from the founders of Tappsi. Y Combinator invested US$120k in Tpaga this year.…
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Vostok Emerging Finance led a US$39m investment in GuiaBolso, a mobile personal financial service, with participation from Ribbit Capital, QED Investors, the IFC, Endeavor Catalyst and Omidyar Network. Previous investors…
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Venture builder SuperJobs made an undisclosed investment in Vibbra, a Brazilian job-matching app. (Startse) Startup que tem seu foco na conexão entre profissionais de diversos ponto do país na área…
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Jalisco-based real estate developer Tierra y Armonía is preparing to launch a MXN$4b CKD vehicle on the Bolsa Mexicana de Valores (BMV) to drive the firm’s strategy outside of Jalisco.…
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Siguler Guff & Company, in a co-investment with 2bCapital, acquired a minority stake in Brazilian dairy company Ourolac Indústria de Alimentos S.A. (Global Legal Chronicle) Lefosse, Zancan Advogados and Demarest…
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Ivanhoé Cambridge, a real estate subsidiary of the Caisse de dépôt et placement du Québec (CDPQ), announced the appointment of Adriano Mantesso as Senior Vice President, Brazil, Growth Markets and…
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InQlab and IKON Banca de Inversión made a US$1.2m investment in Mesfix, a Colombian crowdfunding platform. (Pulso Social) Mesfix ya ha permitido la financiación de unos US$3.5 millones en facturas…
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BTG Pactual has sold its 51% stake in Brazilian energy company Integração Transmissora de Energia (Intensa) to Equatorial Energia for R$273m. (Valor Econômico) O Conselho Administrativo de Defesa Econômica (Cade)…
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Acción Venture Lab, Mountain Nazca Colombia, Invictum Capital, and several Colombian angel investors made an undisclosed seed investment in ESCALA Education, a Colombian social venture to help students save for…
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Santander InnoVentures led a US$6m investment in Mexico’s ePesos, a mobile payment service for SMEs. (Milenio) La mexicana ePesos —firma dedicada al servicio de pagos móviles para el sector no…
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Scotiabank Partners and NXTP Labs, an Argentina-based venture capital firm and accelerator, have announced a partnership to accelerate fintech startups from Mexico, Colombia, Chile, and Peru. (Press Release) Scotiabank announced…
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International real estate firm Hines has announced the sale of industrial and logistics properties located in Mexico to Grupo IGS for an undisclosed amount. (Press Release) Hines, the international real…
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Florida-based WRB Serra Partners has raised US$46m for its debut fund to invest in renewable energy, energy efficiency, and water infrastructure in Latin America and the Caribbean. (Press Release) WRB…
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Danish pension fund manager PKA has committed €34M to Maj Invest’s Financial Inclusion Fund II, which will invest in financial institutions providing micro-loans to underserved communities in Latin America, Africa,…
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The International Finance Corporation (IFC) led a US$10m Series B investment in Mexican online lending platform Konfío. Existing investors QED Investors, Kaszek Ventures, Jaguar Ventures, Accion Frontier Inclusion Fund (managed…
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The Abraaj Group made its fourth investment in Colombia with the acquisition of a majority stake in Colombian private label food manufacturing company QBCo. (Press Release) Company’s growth will be…
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Brazilian PE firm Diamond Mountain Investimentos Group will invest R$200m in renewable energy company Vapor Energia over the next five years. (Press Release) Verba será investida dentro dos próximos cinco…
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Caisse de dépôt et placement du Québec (CDPQ) and CKD Infraestructura México (CKD IM) have acquired 80% of Enel Green Power’s wind and solar assets in Mexico for US$1.35b. (Press…
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BNDES is looking into launching a fund with angel investors to invest R$40m-R$60m in early-stage Brazilian startups. (Finanças – DCI Diário Comércio Indústria & Serviços) Proposta será levada à diretoria…
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Bozano Investimentos has acquired a stake in Brazilian health food retailer Oba Hortifruti for an undisclosed amount. (ISTOÉ DINHEIRO) A Bozano Investimentos acaba de fechar um grande negócio na área…
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H.I.G. Capital has made its debut Brazilian real estate deal by acquiring Urbanity Corporate Center, a AAA office building in São Paulot. (Press Release) H.I.G. Capital (“H.I.G.”), a leading global…
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Grupo de Narváez and U.S. private equity firm L Catterton acquired Caro Cuore, an iconic Argentine lingerie brand, for an undisclosed amount. (El Cronista) La icónica marca de lencería que…
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GVAngels, an angel network of Fundação Getúlio Vargas alumni, made an undisclosed investment in Estoks, a retail logistics startup. (Baguete) A Estoks, empresa que presta o serviço de logística reversa…
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LIV Capital has made an undisclosed follow-on investment in Mexican logistics company Logyt. (Grupo BMV) BANCO NACIONAL DE MÉXICO, S.A., INTEGRANTE DEL GRUPO FINANCIERO BANAMEX, DIVISIÓN FIDUCIARIA, EN SU CARÁCTER…
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Billionaire George Soros has returned to Argentina with an undisclosed investment in Argentina’s mobile bank Ualá. Participants in the round include U.S. firms Point72 Ventures and Bessemer Venture Partners. (Clarín…
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Siguler Guff & Company, in a co-investment with 2bCapital, acquired a minority stake in Brazilian dairy company Ourolac Indústria de Alimentos S.A. (Global Legal Chronicle) Lefosse, Zancan Advogados and Demarest…
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BTG Pactual has sold its 51% stake in Brazilian energy company Integração Transmissora de Energia (Intensa) to Equatorial Energia for R$273m. (Valor Econômico) O Conselho Administrativo de Defesa Econômica (Cade)…
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Florida-based WRB Serra Partners has raised US$46m for its debut fund to invest in renewable energy, energy efficiency, and water infrastructure in Latin America and the Caribbean. (Press Release) WRB…
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Danish pension fund manager PKA has committed €34M to Maj Invest’s Financial Inclusion Fund II, which will invest in financial institutions providing micro-loans to underserved communities in Latin America, Africa,…
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The Abraaj Group made its fourth investment in Colombia with the acquisition of a majority stake in Colombian private label food manufacturing company QBCo. (Press Release) Company’s growth will be…
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Brazilian PE firm Diamond Mountain Investimentos Group will invest R$200m in renewable energy company Vapor Energia over the next five years. (Press Release) Verba será investida dentro dos próximos cinco…
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Caisse de dépôt et placement du Québec (CDPQ) and CKD Infraestructura México (CKD IM) have acquired 80% of Enel Green Power’s wind and solar assets in Mexico for US$1.35b. (Press…
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Bozano Investimentos has acquired a stake in Brazilian health food retailer Oba Hortifruti for an undisclosed amount. (ISTOÉ DINHEIRO) A Bozano Investimentos acaba de fechar um grande negócio na área…
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Grupo de Narváez and U.S. private equity firm L Catterton acquired Caro Cuore, an iconic Argentine lingerie brand, for an undisclosed amount. (El Cronista) La icónica marca de lencería que…
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LIV Capital has made an undisclosed follow-on investment in Mexican logistics company Logyt. (Grupo BMV) BANCO NACIONAL DE MÉXICO, S.A., INTEGRANTE DEL GRUPO FINANCIERO BANAMEX, DIVISIÓN FIDUCIARIA, EN SU CARÁCTER…
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Fondo Capital Infraestructura (FCICK) made an undisclosed investment in Mexican electronic waste company TRS Recycling. (AMEXCAP) BANCO INVEX, S.A., INSTITUCIÓN DE BANCA MÚLTIPLE, INVEX GRUPO FINANCIERO, EN SU CARÁCTER DE…
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Nexxus Capital performed the initial public offering of Mexican logistics and cargo company Grupo Traxión on the Mexican Stock Exchange at MXN$17 per share. (Press Release) Nexxus Capital is proud…
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Alloy Merchant Finance made a mezzanine investment of US$4m in Mexican bread and food manufacturing company Dysal S.A. (AMEXCAP) Alloy Merchant Finance realizó una inversión tipo Mezzanine de aproximadamente US$4…
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Fundo Aeroespacial, a R$131m fund launched by BNDES in 2014 to invest in aeronautics and defense, made an undisclosed investment in Aquarela, a Florianopolis-based big data company that was incubated…
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U.S. PE firms Weston Presidio and TPG Growth have fully exited Brazilian airline Azul through a global offering of preferred shares on the New York and São Paulo Stock Exchanges.…
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Brazilian food manufacturer Camil, a portfolio company of Warburg Pincus, has been listed on the Brazilian stock exchange with an initial public offering of R$9 per share. (Valor Econômico) Depois…
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Technology-focused investment firm Accel-KKR made an undisclosed investment in Siigo, an accounting and administrative software provider for SMEs based in Colombia. (Press Release) Siigo, the leading provider of Accounting and…
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Brazilian alternative investment firm Vinci Partners aims to increase its investments in infrastructure from R$2b to R$4b, especially in the energy, oil & gas, transportation, and sanitation sectors. (Estadão) Com…
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EFM Capital acquired 100% of Garyr S.A. de C.V., a Mexican company specialized in the manufacture and distribution of fire suppression equipment, as part of a package of businesses with…
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New Fortress Energy, a portfolio company of Fortress Investment Group, has acquired a thermal gas project owned by Bolognesi Energia in Rio Grande do Sul, Brazil, for an undisclosed amount.…
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Private equity firm Advent International exited Brazilian medical diagnostic company Fleury for R$1.3b. (Valor Econômico) A gestora de fundos de private equity Advent deu dois importantes passos ontem. Vendeu em…
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Performa Investimentos’ Brazilian Sustainable Technology Fund agreed to acquire a 19.13% stake in Global Environment Fund’s Tecverde Engenharia S.A. for an undisclosed amount. (LexLatin) El Fundo de Investimento em Participações…
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Private equity firm Automony reduced its stake in Brazilian agriculture company BrasilAgro from 12.32% to 9.08%. (Valor Econômico) O fundo de private equity Autonomy reduziu sua participação acionária na BrasilAgro,…
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BCM CKD Management, an affiliate of the Black Creek Group, has listed a MXN$3.99b CKD vehicle on the Mexican Stock Exchange (BMV) to make direct and indirect private equity investments…
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Brazilian private equity investment firm DXA investments has launched its second private equity growth fund with a target of US$75m. (Bloomberg) DXA Investments, the Brazilian investment firm that manages $200…
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Green Visor Capital in Silicon Valley led a US$2.2m investment in Tpaga, a Colombia-based mobile payment platform from the founders of Tappsi. Y Combinator invested US$120k in Tpaga this year.…
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Vostok Emerging Finance led a US$39m investment in GuiaBolso, a mobile personal financial service, with participation from Ribbit Capital, QED Investors, the IFC, Endeavor Catalyst and Omidyar Network. Previous investors…
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Venture builder SuperJobs made an undisclosed investment in Vibbra, a Brazilian job-matching app. (Startse) Startup que tem seu foco na conexão entre profissionais de diversos ponto do país na área…
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InQlab and IKON Banca de Inversión made a US$1.2m investment in Mesfix, a Colombian crowdfunding platform. (Pulso Social) Mesfix ya ha permitido la financiación de unos US$3.5 millones en facturas…
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Acción Venture Lab, Mountain Nazca Colombia, Invictum Capital, and several Colombian angel investors made an undisclosed seed investment in ESCALA Education, a Colombian social venture to help students save for…
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Santander InnoVentures led a US$6m investment in Mexico’s ePesos, a mobile payment service for SMEs. (Milenio) La mexicana ePesos —firma dedicada al servicio de pagos móviles para el sector no…
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Scotiabank Partners and NXTP Labs, an Argentina-based venture capital firm and accelerator, have announced a partnership to accelerate fintech startups from Mexico, Colombia, Chile, and Peru. (Press Release) Scotiabank announced…
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The International Finance Corporation (IFC) led a US$10m Series B investment in Mexican online lending platform Konfío. Existing investors QED Investors, Kaszek Ventures, Jaguar Ventures, Accion Frontier Inclusion Fund (managed…
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BNDES is looking into launching a fund with angel investors to invest R$40m-R$60m in early-stage Brazilian startups. (Finanças – DCI Diário Comércio Indústria & Serviços) Proposta será levada à diretoria…
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GVAngels, an angel network of Fundação Getúlio Vargas alumni, made an undisclosed investment in Estoks, a retail logistics startup. (Baguete) A Estoks, empresa que presta o serviço de logística reversa…
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LIV Capital has made an undisclosed follow-on investment in Mexican logistics company Logyt. (Grupo BMV) BANCO NACIONAL DE MÉXICO, S.A., INTEGRANTE DEL GRUPO FINANCIERO BANAMEX, DIVISIÓN FIDUCIARIA, EN SU CARÁCTER…
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Billionaire George Soros has returned to Argentina with an undisclosed investment in Argentina’s mobile bank Ualá. Participants in the round include U.S. firms Point72 Ventures and Bessemer Venture Partners. (Clarín…
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A group of American, British, Colombian, Mexican, and Peruvian investors made a US$525k Series A investment in Polymath Ventures’ Autolab, an autoshop startup based in Colombia. (Portafolio) El pasado 15…
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Fundo Aeroespacial, a R$131m fund launched by BNDES in 2014 to invest in aeronautics and defense, made an undisclosed investment in Aquarela, a Florianopolis-based big data company that was incubated…
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BR Startups invested R$1m in Tbit, a Brazilian agtech imaging startup. BR Startups is managed by MSW Capital; LPs include Monsanto, Qualcomm, Algar, Microsoft Participações Brazil and others. (Baguete) A…
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Soldiers Fields Angels I fund has exited Mexican media company Now New Media for an undisclosed amount. (AMEXCAP) Soldiers Field Angels I fund (SFA) exits its investment in Now New…
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Technology-focused investment firm Accel-KKR made an undisclosed investment in Siigo, an accounting and administrative software provider for SMEs based in Colombia. (Press Release) Siigo, the leading provider of Accounting and…
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KaszeK Ventures led a R$5m investment in Liv Up, a Brazilian frozen food delivery company. iFood founder Patrick Sigrist and Rapiddo CEO Guilherme Bonifácio invested previously. (Valor Econômico) A Liv…
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Online travel agency Despegar.com, which is backed by Tiger Global and General Atlantic, began trading today on the New York Stock Exchange (NYSE). (Press Release) Despegar.com, Corp. (“Despegar”), led by…
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Bamboo Capital and the IFC made a US$14m investment in ComparaOnline, a price comparison site for insurance and financial services in Latin America. (TechCrunch) Venture investing in Latin America continues…
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LAVCA’s 2017 Latin American Startup Directory shows that of the 144 early-stage tech companies that received US$1m+ in funding over at least two rounds and are still operating in Brazil,…
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Criatec2, a fund managed by Bozano Investimentos, made a R$5.8m investment in Vindi, a Brazilian subscription/recurring billing platform. Brazilian payment platform Vindi raises U$1,8 million to consolidate recurring payments in…
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Tim Draper and Cygnus capital have partnered to launch the Draper Cygnus VC Fund to invest in Argentinian startups. (La Nacion) Tim Draper, que invirtió en 30 proyectos que se…
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Temasek has made an undisclosed Series C investment in big data analytics company Neoway. Temasek joins existing investors PointBreak, Pollux and Andres Prozes, Accel Partners, monashees+, and Endeavor Catalyst as…
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Private equity investor Mesoamerica and company builder Polymath Ventures have formed a strategic partnership to build and scale high-impact companies across Latin America. (Press Release) THE FIRST PARTNERSHIP BETWEEN A…
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Jalisco-based real estate developer Tierra y Armonía is preparing to launch a MXN$4b CKD vehicle on the Bolsa Mexicana de Valores (BMV) to drive the firm’s strategy outside of Jalisco.…
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Ivanhoé Cambridge, a real estate subsidiary of the Caisse de dépôt et placement du Québec (CDPQ), announced the appointment of Adriano Mantesso as Senior Vice President, Brazil, Growth Markets and…
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International real estate firm Hines has announced the sale of industrial and logistics properties located in Mexico to Grupo IGS for an undisclosed amount. (Press Release) Hines, the international real…
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H.I.G. Capital has made its debut Brazilian real estate deal by acquiring Urbanity Corporate Center, a AAA office building in São Paulot. (Press Release) H.I.G. Capital (“H.I.G.”), a leading global…
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Real Estate private equity firm GTIS Partners closed its third Brazil-focused Real Estate Fund after raising a total of US$680m from various institutional investors. (Press Release) GTIS Partners LP (“GTIS”),…
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Vex Capital, a subsidiary of Mexican housing developer Quiero Casa, has listed a MXN$3b CKD on the Mexican Stock Exchange to invest in vertical housing projects in Mexico City. (Grupo…
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Real estate private equity investor Jaguar Growth Partners announced the appointment of Elizabeth Bell as Principal of the firm’s investment team. (Press Release) Jaguar Growth Partners (Jaguar), a privately-held investment…
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After partnering with Hines and Ascott Group of Singapore to raise nearly US$650m earlier in 2017, Vitacon is launching the smallest smart apartments in Latin America. (Press Release) Vitacon Incorporadora…
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Cadillac Fairview, the real estate investment arm of Canadian pension plan OTPP, and Brazilian real estate investment firm Autonomy Investimentos acquired two industrial parks in Minas Gerais for an undisclosed…
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Investment and real estate platform MIRA is constructing a new mixed-use real estate project located in Nuevo Polanco, Mexico City, which includes five residential towers and 5,000 square meters of…
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Greystar and Credicorp Capital have launched a joint fund to begin investing in multifamily-for-rent projects in Chile. (Diario Financiero) Greystar, el gigante en renta inmobiliaria a nivel mundial, llegó a…
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After listing a MXN$2b CKD on the Mexican Stock Exchange, SíRenta has began constructing three residential towers in Mexico City that offer various rental options for tenants. (Inmobiliare) Rentar una…
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Global logistics specialist Goodman has raised US$1bn (€852m) from various investors within its existing investor base to develop and own facilities in Brazil. (IPE Real Estate) Global logistics specialist Goodman…
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Artha Capital will invest MXN$1b in Villa del Mar, a corporate and commercial real estate project located in the city of Veracruz, Mexico. (Centro Urbano) Con una inversión mayor a…
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After closing a portfolio exchange, Canada Pension Plan Investment Board and Cyrela Commercial Properties have committed US$400m to a newly formed joint venture that will focus on additional investments in…
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European investors PGGM and APG made significant capital commitments to GTIS’ latest Brazil real estate fund. (PERE) The New York-based private equity real estate firm had considered reopening the fund…
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Credit Suisse raised MXN$5.7b on Mexico’s stock exchange through a real estate trust that incorporates characteristics of a CKD vehicle. The trust will provide mortgages for Mexican commercial real estate…
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Credit Suisse aims to raise up to MXN6.2b through real estate fiduciary certificates that incorporate characteristics of a CKD vehicle. The firm will provide mortgages to Mexican commercial real estate…
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Ameris Capital acquired a stake in Los Sauces, a 179-unit residential project to be developed by Inmobiliaria Actual in Lima Peru. (LexLatin) Ameris Capital adquirió una participación de resultados del…
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Brazilian private equity real estate firm Hemisfério Sul Investimentos has sold office buildingTorre Sucupira, which is located in the complex Parque de Cidade in São Paulo, to China’s Fosun for…
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Equity International made a US$29m follow-on investment in Grupo Acosta Verde, a developer, owner, and manager of shopping centers in Mexico. (Press Release) CHICAGO–(BUSINESS WIRE)–Equity International (“EI”), Sam Zell’s investment…
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Logistics-focused global real estate investor Prologis will acquire its partner’s stake in its Brazil portfolio for US$362m. Upon close of the transaction, Prologis will own 100% of Prologis CCP and…
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Global real estate investment, development and management firm Hines affirmed that now is an opportune time to invest in the Brazilian real estate sector and to re-evaluate opportunities in the…
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Gava Capital has raised MXN$2.1b through the issuance of its first CKD on the Mexican Stock Exchange. It will use the resources to invest in middle-income residential housing as well…
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Latin America-focused private equity real estate firm Paladin Realty Partners brought on two new hires to help expand its management team. Evan Pickering was hired as Vice President of Investor…