China

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…

The following resource was shared with LAVCA by SoftBank based on a communication they sent to their investors, partners, and founders. The statement discusses the “Alibaba effect” in Latin America,…

China’s Fosun International will reduce its stake in two financial firms in Brazil: Rio Bravo and Guide Investimentos. (Reuters) China’s Fosun International Ltd (0656.HK) has decided to cut stakes or…

The government of Colombia awarded the construction of the Bogota metro to a consortium composed by China’s Harbour Engineering Company, Xi’an Metro Company, Canada’s Bombardier Inc. (Reuters) A $4 billion…

KaszeK Ventures and SoftBank led a R$70m (US$17.6m) round in Brazilian digital used car portal Volanty with participation from existing investors monashees and Canary. Monashees and Canary previously invested R$19m…

U.K private equity firm Actis has exited Atlantic Energias Renováveis. Financial details of the transaction were not disclosed. (Valor Econômico) A China General Nuclear Power Group (CGN) assinou um contrato…

This is a special contribution written by Andy Tsao of Silicon Valley Bank. This article also appeared on Medium.com. More than $84B of venture capital investment was made in 2017, the…

Didi Chuxing plans to acquire a majority stake in Brazilian rideshare startup 99 for ~US$600m. This officially puts 99 in unicorn territory. Didi and Riverwood Capital invested over US$100m in…

Advent International has agreed to sell a 90% stake in TCP Participações to China Merchants Port Holdings Company (CMPort) for R$2.9b, marking CMPort’s first investment in Latin America. (Press Release)…

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…