BNDES will invest R$300m in the ACON Latin America Opportunities Fund (ALAOF). The vehicle is targeting up to R$1.2b from financial institutions, including other development banks, to invest in Brazilian…

TPG’s The Rise Fund acquired China-based photovoltaics producer Trina Solar’s assets in Spain, Chile, Colombia, and Mexico totaling 1GW. The assets will be managed by Matrix Renewables, a newly launched…

IFC and Australis Partners will invest up to US$15m in Reve Group, a Latin American retail and consumer foodservice company operating in Colombia, Panama, and Chile. The funding will be…

General Atlantic and XP Controle Participações, the founding holding company, have filed for a secondary share offering of US$1b for up to 22.4m shares on Nasdaq. (Reuters) Brazilian brokerage firm…

TreeCorp Investimentos acquired a controlling stake in Brazil-based food chain Cabana Burger Restaurante e Lanchonete for R$60m.  (WSJ) Brazilian middle-market investor TreeCorp Investimentos acquired a controlling stake in Cabana Burger…

Vinci Partners-backed Vero Internet has acquired Brazil-based internet provider MKA Telecom for an undisclosed amount. (Valor Econômico)  A Vinci Partners redobrou sua aposta na expansão dos serviços de banda larga…

Advent International-backed Brazil-based educational group YDUQS acquired Brazil-based post-secondary educational group Grupo Athenas for R$120m.  (Brazil Journal) A YDUQS acaba de comprar o Grupo Athenas, reforçando sua presença no Norte…

Riverstone raised MXN$662m on the Mexican Stock Exchange (BMV) for energy investments in Mexico. The CKD was launched in 2017 for MXN$8b. (Latin Finance) US asset management firm Riverstone plans…

Blue Like an Orange Sustainable Capital has reached a US$200m+ final close for its first Latin America fund. The fund has a co-financing agreement with IDB Invest and counts over…

XP Private Equity acquired control of Brazil-based CBV Eye Hospital for R$200m. XP plans to use CBV as a consolidation platform in Brazil, with 5,000 clinics and ~ R$8b of…