Funds

XP Private Equity fund, managed by XP Asset, has acquired a stake in Brazil-based insurance company Pottencial Seguradora for R$275m (approximately US$53m). (CQCS) A Pottencial Seguradora anuncia, em comunicado ao…

Chilean private equity and asset management group Toesca has closed on US$310m for Toesca Deuda Privada DIP LATAM Fund, aimed to financing the restructuring of Chile-based regional carrier LATAM Airlines.…

Pátria Investimentos has reached a R$10b final close for its Infrastructure Fund IV. The fund will target investments in infrastructure, with a focus on logistics, energy, and telecoms, across Latin…

BNDES has approved an investment of up to R$150m  in Vinci Impacto e Retorno IV. The vehicle, which targets R$600m, will invest in medium-sized companies operating in the health care,…

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)…

Private Equity firm Denham Capital, through its international power fund, committed US$250m to Ceiba Energy, which is an owner, developer and operator of renewable energy and natural gas assets in…

A5 Capital Partners and Inseed Investimentos merged to form a new venture firm called KPTL. (Press Release) The venture capital firms A5 Capital Partners and Inseed Investimentos announced today the…

Brazilian proptech Loft raised a R$216m Fundo de Investimento Imobiliário (FII) fund to finance the purchase of ~1,200 properties over the next two years. The fund was distributed by Credit…

The Colombian federal government is seeking to formulate regulation specific to private equity funds in order to align private capital funds with international standards. (Portafolio) Establecer normas propias que rijan…

Mexico’s government has committed US$4.1m to three local agtech venture capital funds via its fund FOCIR (Fondo de Capitalización e Inversión del Sector Rural). The funds are managed by local…