Private Equity Funds Raise a Record $8.1B for Latin America in 2010
LAVCA Releases Data on Private Equity & Venture Capital in Latin America
New York, March 21, 2011 – Private equity firms investing in Latin America raised a record $8.1 billion in 2010, a 122% increase over 2009, according to 2011 LAVCA Industry Data released today by the Latin American Venture Capital Association (LAVCA).
While Brazil continues to dominate PE/VC in the region, momentum is building in other major Latin American economies. Of total capital committed, $5 billion was allocated to region funds investing across Brazil, Mexico, Colombia, Peru, Chile and Argentina.
FOR IMMEDIATE RELEASE
Contact: Maria Bustamante, LAVCA