Fundraising

ONEVC closed its inaugural US$30m cross-border seed fund to invest in US and Latin American startups, with an additional US$8m in commitments for special-purpose vehicles to invest in later stage…

Brazil’s Patria Investments has raised more than US$809m for its latest infrastructure-focused fund. The firm has registered commitments from 10 limited partners for Patria Infrastructure Fund IV, according to an…

Base Partners, a Brazilian growth equity firm, closed a US$135m Fund II. Fund I (US$75m) included investments in Stripe, Zoom and ByteDance, as well as Brazil-based Nubank. (Crunchbase) São Paulo-headquartered Base…

Algo Capital closed a US$200m VC fund to invest in accelerating adoption of the Algo, the digital currency of the open source public blockchain Algorand. The fund will look at…

Vinci Capital Partners announced the final closing of its most recent private equity fund, Vinci Capital Partners Fund III and related co-investment entities of US$1billion (R$3.962 billion) of capital commitments.…

Advent International is preparing a new fund focused on Latin American based companies, expected to close in September 2019. This is Advent International’s seventh Latin America focused private equity fund.…

Luminate and ICFJ (International Center for Journalists) launched a project called Velocidad to provide US$1.5m to Latin American news startups. Luminate is formerly the Government and Civic Engagement arm of…

Stone Pagamentos announced a follow-on public offering that could raise over US$700m. (Valor Econômico) A credenciadora de cartões brasileira Stone, listada na Nasdaq, anunciou hoje que está fazendo uma oferta…

British private equity firm Actis plans to raise a global infrastructure fund, a key target of which will be Brazil. (BN Americas) British private equity firm Actis is reportedly structuring…

Jamaica fund manager, First Rock Capital Holdings Limited has raised J$2.5b to invest 80% in real estate and 20% in private equity investments in the Caribbean and North America. (The…