Latin American Private Capital Update - May 08, 2018 Latin American Private Capital Update February 19, 2019
February 19, 2019
NEWS ↓     EVENTS ↓     LAVCA ↗     VC ↗    
 
LAVCA Private Capital Update
The LAVCA Private Capital Update is a bi-weekly email featuring industry news, research, events, and updates on investors from private equity, venture capital, real estate, infrastructure, and family offices in Latin America.
 

Latest Industry Headlines

 
Private Equity News
Private Equity News

H.I.G. Invests in Colombia's Digital Wave...

Venture Capital News
Venture Capital News

Portland Leads US$14m in Merqueo...

Real Estate News
Real Estate News

Brookfield Closes US$15b Global RE Fund...

 
READ MORE NEWS
 

MEMBER INVITATION: Latin American PE Awards & Responsible Investment Cocktail

 
Awards
 
MORE INFO.
 

LAVCA member investment firms and qualified institutional investors can RSVP for a complimentary pass to attend the Latin American PE Awards during the PEI/PRI Responsible Investment Forum in New York on March 5, 2019:

    3:30 PM LAVCA Member Check-in
    3:45 PM Latin America PE Awards Presentation
    4:05 PM Responsible Investment Forum Closing Keynote Interview: Anders Strömblad, Head of Alternative Investments, Second Swedish National Pension Fund (AP2)
    4:45 PM Chairman's Closing Remarks
    5:00 PM Cocktail Reception


Confirmed LP attendees include: Chauncey F. Lufkin III Foundation, City of Chicago, The City of New York, Finance, Dancap Family Investment Office, Episcopal Diocese of Pittsburgh, Ford Foundation, Harvard Kennedy School Belfer Center for Science and International Affairs, Harvard Management Company, Klaff Family Investments, NUVEEN, NYC Mayor's Office of Pension & Investments, Office of the New York City Comptroller, OPTrust Private Markets, Oregon State Treasury, PSP Investments, The Rockefeller Foundation, Second Swedish National Pension Fund (AP2), Spruceview Capital Partners, Super Investment Management, United Nations Capital Development Fund, USS Investment Management, Wafra.

LAVCA has a limited number of passes and attendance is restricted to one person per firm. RSVP before March 1, 2019 to confirm your place or be added to the waitlist.

>> RSVP: lgalamba@lavca.org <<

Members interested in attending the full 2-day PEI/PRI Responsible Investment Forum receive a 15% LAVCA Member discount. Contact cmitchell@lavca.org for details.

 
 

MBA SCHOLARSHIP LAVCA | MIT INSIDE PRIVATE EQUITY

 
LAVCA WEEK
 
APPLY NOW
 

LAVCA is pleased to announce that applications are open for the 2019 MBA scholarship for LAVCA | MIT Inside Private Equity: Dealmaking in Latin America.

The scholarship is for current MBA students looking to expand their knowledge of private equity in Latin America.

Winners receive full tuition, room and board, and a certificate of completion (US$12,800 value). APPLY.

LAVCA | MIT Inside Private Equity: Dealmaking in Latin America, an executive education program led by the industry’s most seasoned deal makers and esteemed MIT faculty, focused exclusively on Latin America, and rooted in real-life case studies.

Over 100 participants have graduated from the program since it was launched in 2015.

 
 

Foro Latinoamericano de Inversión de Impacto

 
LAVCA WEEK
 
READ MORE
 

This week LAVCA will be participating at the Foro Latinoamericano de Inversión de Impacto (FLII) in Mexico.

Natalia Valencia, LAVCA's Associate Director of Research and Responsible Investment, will be sharing data including:

To connect with Natalia at FLII contact nvalencia@lavca.org.

For more information about speakers, access the program agenda or read LAVCA's interview with Paul Carttar, the co-founder of the International Venture Philanthropy Center (IVPC) and former Director of the Social Innovation Fund (a priority program of the Obama Administration). Paul will be running a masterclass at the FLII.

quotation-mark…many of the most exciting “impact investment” opportunities relate to very early-stage, high-risk technologies or enterprises that are in fact the “stock and trade” of VCs... I would expect to see more VCs position themselves explicitly as social impact investors, which is likely to imply a significant increase in their emphasis and capabilities relating to due diligence around social outcomes.”

READ THE INTERVIEW.

 
 
 
 

Latest Industry News

 
Private Equity News
Private Equity News

H.I.G. Capital Invests in Colombia’s Digital Ware

(Press Release) H.I.G Capital announced its investment in Digital Ware, an independent software supplier in Colombia. This represents H.I.G’s first investment in Colombia. Read more


Darby Private Equity Invests in Pharma Consulting Group

(Press Release) Darby Private Equity, through Darby Latin American Private Debt Fund III, made an undisclosed investment in Panama headquartered specialty pharmaceutical distribution company Pharma Consulting Group (Biopas). Read more


Pátria Investimentos, Shell & Mitsubishi Invest US$700m in Brazilian Thermal Power Plant Project (em português)

(Valor Econômico) Pátria Investimentos will create a joint venture with Shell and Mitsubishi Hitachi Power Systems to build the Marlin Azul thermal power plant. Pátria will have 50.1% stake of the venture. Read more


Alothon Group Invests Over R$100m in Brazilian Energy Marketer Elétron Energy (em português)

(Valor Econômico) Private Equity firm Alothon Group has acquired a majority stake in Brazilian energy marketer Elétron Energy. Read more


Actis Exits Brazilian Renewable Energy Company Atlantic Energias Renováveis with Sale to China General Nuclear Power Group (em português)

(Valor Econômico) Actis has exited Atlantic Energias Renováveis with a sale to China General Nuclear Power Group. Financial details of the transaction were not disclosed. Read more


L Catterton Invests in Mexico’s Grupo MYT

(Press Release) L Catterton made an undisclosed investment in Grupo MYT, a portfolio of fully owned restaurant brands in Mexico. Read more


Stratus Group Invests in Farma Participações and Alnutri Alimentos for US$54.6m

(WSJ) Brazil’s Stratus Group recently acquired majority stakes in Farma Participações—the owner of pharmacy chain Poupafarma—and packaged-food company Alnutri Alimentos for a total of about R$200m (US$54.6m). Poupafarma and Alnutri became the first operational companies of two platforms—Investfarma and DGH Participações, also called DGH Foods, respectively—Stratus created to expand each business. With these two investments, Stratus Group has finished deploying its second fund. Read more


PG Impact Investments Raises US$210m for its First Impact Fund

(Press Release) PG Impact Investments has closed its inaugural social impact fund with commitments totaling US$210m, exceeding its initial target of US$150m. Read more


H.I.G. Appoints New Head of Andean Region

(Press Release) H.I.G. Capital has announced the appointment of Fabio Saad as the new Head of the Andean Region, based in Bogotá, Colombia. Read more


StepStone Promotes Riotto to Managing Director in Firm’s São Paulo Office

(Press Release) StepStone announced the promotion of Bruna Riotto to Managing Director for Private Equity in the firm’s São Paulo office. This is following the opening of StepStone’s second office in Latin America in Peru in late 2018. Read more


 
Venture Capital News Venture Capital News

Portland Private Equity Leads US$14m in Merqueo

(Press Release) Portland Private Equity led a US$14m investment in Merqueo, a Colombian grocery startup, with participation from Endeavor Catalyst. Mountain Nazca Colombia and Velum Ventures invested previously. Read more


Sierra Ventures Leads US$10m Investment in Mexico’s Yalochat (en español)

(Entrepreneur) Sierra Ventures led a US$10m Series A in Yalochat, a Mexican CRM for WhatsApp. Read more


KaszeK Ventures Invests in Argentine Startup Agilis (en español)

(Cronista) KaszeK Ventures led an investment in Agilis, an Argentine consumer lending platform, with participation from QED Investors and an unnamed investor. This is KaszeK’s first deal from Fund 3. Agilis previously raised a seed round in 2017. Read more


Ideas & Capital Invest in Mexican Flash Sales Platform DEPORPRIVÉ (en español)

(Press Release) Ideas & Capital made an undisclosed investment in DEPORPRIVÉ, a Mexican flash sales platform for sports merchandise and apparel. Read more


IDB Invest & Orange Sustainable Capital Announce US$70m in Financing for Cabify

(Press Release) Cabify secured US$70m in structured financing from IDB Invest and Blue like an Orange Sustainable Capital to support expansion within Latin America. This is IDB Invest’s first deal supporting digital business models that are impacting the urban transport sector. Read more


Redpoint eventures Invests R$1.15m in Brazilian Startup Ribon (em português)

(StartSe) Redpoint eventures invested R$1.15m in Ribon, a Brazilian platform that lets users convert ad dollars to donations to non-profits. Read more


Rappi Acquires Mexican Blockchain-based Payments Platform Payit (en español)

(La Republica) Rappi acquired Payit, a Mexican blockchain-based payments platform, for an undisclosed amount. Read more


BR Startups to Invest R$800k in Brazilian Edtech VOA Educação (em português)

(Baguete) BR Startups, managed by MSW Capital, will invest up to R$800k in Brazilian edtech VOA Educação. Read more


BTG Pactual Invests R$10m Across Startups Digesto, Finpass, & Agronow (em português)

(Valor Econômico) BTG Pactual invested R$10m across Digesto (legal tech), Finpass (SMB credit) and Agronow (satellite crop monitoring) using a convertible debt instrument. All three startups were accelerated at BTG Pactual’s BoostLab in 2018. Read more


Wayra Brasil Leads R$5m Investment in Brazilian iPaaS Integration Platform LinkApi (em português)

(Press Release) Brazilian iPaaS integration platform LinkApi raised R$5m from Wayra Brasil and Cassis Capital founding partner Jander Martins. Read more


Real Estate News Real Estate News

Brookfield Asset Management Closes US$15b for Global Real Estate Fund

(Press Release) Brookfield has announced the closing of the Brookfield Strategic Real Estate Partners III fund. With total equity commitments of US$15 billion, BSREP III is Brookfield’s largest private fund to date. Read more


Ameris Capital Acquires 49% Stake in Chile’s Arauco Centros Comerciales Regionales (en español)

(Economía y Negocios) Ameris Capital Asset Management acquired a 49% stake in Chilean Arauco Centros Comerciales Regionales for US$110m. Read more


Optimism in Brazil’s Self-Storage Industry Growing (em português)

(Valor Econômico) Brazilian self storage companies are beginning to see increased demand, mainly by companies that use these spaces for the storage of inventories. Read more


 
 
LAVCA & Industry Events
MORE INFORMATION
FLII 2019
Hosted by New Ventures | February 19-21, 2019 | Merida, Mexico
 
MORE INFORMATION
2019 Stern Venture Capital and Private Equity Conference
Hosted by Stern Private Equity Club | February 22, 2019 | New York, NY
 
MORE INFORMATION
Chicago Booth Private Equity Conference
Hosted by Chicago Booth | March 1, 2019 | Chicago, IL
 
MORE INFORMATION
Responsible Investment Forum New York 2019
Hosted by UNPRI and PEI | March 5-6, 2019 | New York, NY
 
MORE INFORMATION
Latin American Private Equity and ESG AwardsLAVCA-Icon
Hosted by LAVCA & PEI/PRI | March 5, 2019 | New York, NY
 
MORE INFORMATION
Congreso de Capital Privado de la Alianza del Pacifico 2019
Hosted by ColCapital | March 7, 2019 | Bogotá
 
MORE INFORMATION
Wharton Latin American Conference
Hosted by Wharton | March 29-30, 2019 | Philadelphia, PA
 
MORE INFORMATION
Chicago Booth Emerging Markets Summit
Hosted by Chicago Booth | April 13, 2019 | Chicago, IL
 
MORE INFORMATION
PERE Investor Forum: Los Angeles
Hosted by PERE | April 17-18, 2019 | Los Angeles, CA
 
MORE INFORMATION
The IFC/EMPEA Global Private Equity Conference
Hosted by the IFC & EMPEA | May 13-16, 2019 | Washington, DC
 
MORE INFORMATION
LAVCA Encontro Anual BrasilLAVCA-Icon
Hosted by LAVCA | May 15, 2019 | São Paulo
 
MORE INFORMATION
14° Summit de Capital Privado
Hosted by AMEXCAP | May 20-22, 2019 | Mexico City
 
MORE INFORMATION
Foro Argentino de Inversiones 2019
Hosted by ARCAP | May 22, 2019 | Buenos Aires
 
MORE INFORMATION
Congresso ABVCAP 2019
Hosted by ABVCAP | May 23-24, 2019 | São Paulo
 
MORE INFORMATION
LAVCA WeekLAVCA-Icon
Hosted by LAVCA | September 23-26, 2019 | New York, NY
 
MORE INFORMATION
LAVCA | MIT Inside PE: Dealmaking in Latin AmericaLAVCA-Icon
Hosted by LAVCA & MIT | November 20-23, 2019 | Miami, FL
 
LAVCA Members receive a discount on select events. For information on member discounts, contact Caitlin Mitchell.
 

The Association for Private Capital
Investment in Latin America
589 8th Avenue, 18th Floor
New York, NY 10018

Contact Us
RSS Feed  Twitter  Vimeo


- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -


Cvent - Web-based Software Solutions