Fundraising

Alta Growth has reached a USD150m final close for AGC Fund III, a vehicle targeting investments in middle-market companies in Mexico and Latin America. (Press Release) Alta Growth Capital (“Alta”)…

IDB Invest has agreed to invest up to US$30m in Kandeo 3D, a private debt fund managed by Kandeo Investment Advisors that will provide financing to mid-sized companies in Mexico,…

Latache Capital raised a private equity fund of R$300m to buy stakes in companies having financial difficulties in Brazil.  (Fusões & Aquisições)  A gestora de fundos Latache captou um fundo…

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…

Public Investment Fund (PIF) of Saudi Arabia invested in two Pátria Investimentos funds. Commitment amounts were undisclosed. (Valor Econômico) O Fundo de Investimento Público (PIF) começou a investir no Brasil…

HarbourVest Partners Mexico raised US$170m through the Series B issue of a Certificado de Proyectos de Inversión (CerPi) offering on the Mexican Stock Exchange (BMV). The CerPi, listed as HV2PI…

KKR Mexico made four commitments with CerPi resources. Details of the commitments were undisclosed. (Investing.org) KKR (NYSE:KKR) de México, una filial de la firma global que administra fondos de inversión…

The following statement was shared with LAVCA by Jaguar Ventures where the fund discusses the current states of its fundraising activity and the positive impact that the C19 crisis has…

Private equity fund manager Ore Investments raised a US$46m first close for its mining-focused fund Ore Mining Private Equity I FIP. The company is targeting a total of US$80m. (BNamericas)…

XP Investimentos listed its first private equity FIP, fund raising BR$1.264b from more than 5,000 investors from Brazil each investing a minimum of R$150k. (Valor Econômico) A XP concluiu na…