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

Private Equity Firms Report US$4.4bn in LatAm Deals for 2008

March 30, 2009

Private Capital Firms Report Investments of US$4.4bn in Latin America in 2008

New York, March 30, 2009 – Over 100 private equity and venture capital firms reported making 184 investments totaling over US$4.4bn in 2008, according to a new study by the Latin American Venture Capital Association (LAVCA) and The Wharton School.

Five countries that have achieved or neared investment grade status in recent years – Brazil, Mexico, Colombia, Peru and Chile – dominate the regional private equity landscape. Almost 80% of the companies that received private capital investments in 2008 were based in those markets.

“We are very impressed by the level of response to this survey effort, which has allowed LAVCA to identify dozens of transactions that were previously unreported. As a result we have a far more detailed picture of PE and VC in Latin American markets. LAVCA and Wharton are already working on further expanding the reach and scope of this industry census for 2009,” said Cate Ambrose, LAVCA’s Executive Director.

Fundraising for the year totaled US$6.4bn, with 45 private equity and venture capital firms reporting new capital commitments. The majority of capital raised for Latin America went to regional funds (21%) and to fund managers based in the two largest markets, with Brazil capturing 48% and Mexico 15%. Peru and Colombia were also represented, with three new funds raised in each market and several managers aiming to close on commitments in the first half of 2008.

Despite the global chaos in financial markets, five firms closed on US$770m in commitments during the last quarter of 2008. Latin America has had relatively limited exposure to the banking and credit crises plaguing developed and some emerging economies. Banking systems are highly regulated and there is typically little leverage in acquisitions.

Hot sectors for deals reported in 2008 included large scale investments in natural resources, alternative energy, infrastructure, agriculture and real estate. Fund managers also reported multiple deals in industries that serve Latin America’s expanding middle and professional classes – education, healthcare, consumer products and financial services.

A majority of deals reported in Argentina were in seed and early stage venture capital, targeting sectors such as information technology, life sciences and entertainment. Political and economic risk is high in Argentina, but the country is widely recognized for its entrepreneurial culture.

In a year marked by the lack of liquidity in global markets, private capital firms active in Latin America reported exits from 54 portfolio investments. Sales to strategic buyers predominated, as Brazil’s IPO boom ground to a halt.

The LAVCA-Wharton survey effort represents the most comprehensive study of PE and VC firms investing in the region to date. Firms reporting information included large global players headquartered in New York and London and emerging managers raising their first funds in Sao Paulo or Bogota. Faculty and students from the Wharton School partnered with LAVCA in designing the research methodology and contacting fund managers.

The full survey findings will be published in May 2009 in the first annual LAVCA Industry Report.

About the Latin American Venture Capital Association:
LAVCA is a non-profit industry association dedicated to promoting private equity and venture capital investment in Latin America and the Caribbean. LAVCA publications include the Annual Scorecard on the Private Equity and Venture Capital Environment in Latin America.

FOR MORE INFORMATION CONTACT:

Ana Gutierrez-Perez
[email protected]
646-315-6735
Latin American Venture Capital Association
589 Eighth Avenue, 18th floor
New York, NY 10018

Private Equity Firms Report US$4.4bn in LatAm Deals for 2008 was last modified: July 6th, 2016 by
0
Facebook Twitter Google +

Leave a Comment

You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign up for LAVCA’s bi-weekly Latin American Private Capital Update and the LatAm Venture Bulletin, produced specifically for venture investors, entrepreneurs, and technology startups in the early stage ecosystem.






Which LAVCA Newsletter would you like to receive?

VC Partner Events

  • VC Trends in Latin America: H1 2022

    August 23, 2022–August 23, 2022
  • LAVCA Encontro Anual Brasil 2022

    August 30, 2022–August 30, 2022

Tweets

  • Nicolás Szekasy https://t.co/kMv2IUnfbA

    11-Aug-2022

    Reply Retweet Favorite
  • #LAVCAWeek2022 is taking place in person Oct. 11-14 in NYC! Speakers include: Tania Sztamfater Chocolat (… https://t.co/uNg10qSqwx

    09-Aug-2022

    Reply Retweet Favorite
  • Today's top takeaways from the #LatAmVentureBulletin: https://t.co/JY9CRvO0hW https://t.co/KUabMLOT2U

    05-Aug-2022

    Reply Retweet Favorite
  • Leading VCs and tech investors active in Brazil are invited to join LAVCA's #EncontroAnualBrasil. Program highlight… https://t.co/9vWiCTnyuh

    05-Aug-2022

    Reply Retweet Favorite
  • Registration for #LAVCAWeek2022 is now open for all qualified institutional investors LAVCA Members and non-members… https://t.co/iiv4YQSuUc

    03-Aug-2022

    Reply Retweet Favorite

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

  • Monashees and Andreessen Horowitz Lead USD10m Seed Round for NG.CAS

    August 2, 2022
  • Canary Leads USD6m Pre-Seed Round for Colombia’s Bia

    July 27, 2022
  • Swvl To Acquire Mexico’s VC-backed Urbvan for USD82m

    July 11, 2022
  • Tiger Global Leads USD15m Series A for Colombia’s treble.ai

    July 1, 2022
  • Goldman Sachs Asset Management Leads ~USD38m Series C for Brazil’s Conexa Saúde

    June 27, 2022
  • Vine Ventures Reaches USD140m Final Close for Seed-stage Venture Fund

    June 22, 2022
  • Ecuadorian Fintech Kushki Raises USD100m Series B+ at USD1.5b Valuation

    June 7, 2022
  • Vinci Partners Acquires USD20m Stake in Brazilian Credit Provider DMCard

    February 21, 2022
  • 8VC Leads ~USD35.4m Round for Brazilian Insurtech 180 Seguros (em português)

    February 2, 2022
  • Glade Brook Capital Leads USD125m Series C for Chilean Insurtech Betterfly

    February 2, 2022
  • SP Ventures and Acre.VC Lead USD10m Series A for Brazilian Carbon Trading Marketplace Moss (em português)

    January 31, 2022
  • Brazilian Healthtech Nilo Saúde Raises USD10m Series A from Canary, MAYA, SoftBank, GFC and Tau Ventures

    January 28, 2022
  • Valor Capital Group Leads ~USD16m Series A for Brazilian Agtech Agrolend (em português)

    January 23, 2022
  • DILA Capital and Kayyak Ventures Lead USD15m Series A for Mexican Financing Platform Fairplay

    January 18, 2022
  • Astella Investimentos Leads ~USD4.6m Seed Round for Brazilian Blockchain Trading Platform Gavea (em português)

    January 12, 2022
  • SoftBank Leads USD48m Series B for Colombian E-commerce Laika

    January 12, 2022
  • KASZEK Leads USD13.2m Round for Mexican Fantasy Sports Platform Draftea

    January 7, 2022
  • IDC Ventures Leads ~USD5m Series A for Brazilian Microcredit Platform SuperSim (em português)

    January 6, 2022
  • Mexican Verification Platform MetaMap Raises USD70m Series B

    January 5, 2022
  • DRADS Capital Leads USD7m Pre-Series A for Chilean Foodtech The Live Green Co. (en español)

    January 3, 2022
  • SoftBank Leads USD127m Round for Brazilian Healthcare Provider Alice

    December 21, 2021
  • DILA Capital and ALIVE Ventures Lead USD14m Series A for Edtech Slang

    December 20, 2021
  • Astella Investimentos and SoftBank Lead ~USD3m Seed Round for Brazilian Automation Platform BotCity (em português)

    December 20, 2021
  • GIC Leads USD80m Round for Colombian POS Lending Platform ADDI (em português)

    December 20, 2021
  • Yara Growth Ventures Leads USD30m Series C for Argentine Agtech Agrofy (em português)

    December 16, 2021
  • Tiger Global Leads USD60m Series B for Mexican Freight Platform Nowports

    December 16, 2021
  • SoftBank Leads ~USD120m Round for Brazilian Fintech OpenCo (em português)

    December 15, 2021
  • DN Capital Leads ~USD22.2m Series A+ for Brazilian Healthtech Sami

    December 14, 2021
  • Riverwood Capital Leads ~USD52m Series B for Brazilian Fiscal Management Platform Arquivei (em português)

    December 14, 2021
  • KASZEK Leads USD2.7m Seed Round for Peruvian Edtech Crack the Code

    December 13, 2021
  • GIC Leads ~USD32m Series C for Brazilian Delivery Platform Shopper (em português)

    December 13, 2021
  • Tiger Global Leads USD20.5m Round for Mexican Freight Platform Nuvocargo

    December 10, 2021
  • Advent International and SoftBank Lead USD60m Series B+ in E-Commerce Aggregator Merama

    December 9, 2021
  • Volpe Capital Leads ~USD5m Series A for Brazilian Corporate Governance Platform Atlas Governance

    December 8, 2021
  • Lachy Groom Leads USD14.8m Series A for Brazilian Fintech Stark Bank (em português)

    December 8, 2021
  • Prosus Ventures Leads USD60m Series B for Colombian Edtech Platzi

    December 6, 2021
  • KASZEK Leads USD10m Series A for Brazilian Workspace Marketplace Beer or Coffee (em português)

    November 30, 2021
  • Galapagos Capital Invests ~USD20m in Brazilian Cosmetics MedBeauty (em português)

    November 18, 2021
  • Oak HC Leads USD27m Series A for Mexican Payment Platform Aplazo

    November 15, 2021
  • Colombian E-commerce Fulfillment Platform Melonn Raises USD4.5 Seed Round

    November 3, 2021
  • DNA Capital, Temasek and Fit Participações Lead ~USD20m Round for Brazilian Healthtech Memed

    November 1, 2021
  • Astella Investimentos Leads ~USD5m Round for Brazilian Proptech Homelend (em português)

    October 28, 2021
  • KASZEK Leads USD8m Round for Brazilian Car Documentation Platform Gringo

    October 27, 2021
  • SoftBank Leads USD75m Series C for Brazilian BPO Platform Pipefy

    October 26, 2021
  • Mexican Delivery Platform Skydropx Raised USD20m Seres A from Cometa, Base10 Partners, 645 Ventures

    October 26, 2021
  • Brazilian Car Insurtech Justos Raises ~USD35.8m Series A from SoftBank, KASZEK and Others

    October 25, 2021
  • Andreessen Horowitz and Base Partners Lead USD15m Series A for Colombian Foodtech Foodology

    October 22, 2021
  • Unbox Capital Leads USD30m Series B for Brazilian Marketing Platform Rock Content (em português)

    October 22, 2021
  • L Catterton Leads Investment in Mexican DTC Eyewear Brand Ben & Frank

    October 21, 2021
  • Anthos Capital Leads USD18m Series A for Venezuelan Delivery Platform Yummy

    October 21, 2021
  • Flourish Ventures and GFC Lead USD10m Series A for Brazilian Wholesale Marketplace Merce do Bairro

    October 21, 2021
  • Tiger Global Leads USD35m Series A for Argentine Fintech Pomelo

    October 21, 2021
  • Brazilian Wholesale Marketplace Inventa Raises ~USD6m Seed Round (em português)

    October 20, 2021

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