Ardian and CMB Acquire 33% Stake in Chilean Toll...

Softbank Invests US$250m in QuintoAndar...

First Rock Capital Invests US$3m in Luxury Residential...

Ardian and CMB Acquire 33% Stake in Chilean Toll Roads from Brookfield

(Press Release) Ardian and Chilean Fund Manager CMB agreed to acquire a 33% stake in a Chilean toll road business from Brookfield Infrastructure for an undisclosed amount. The business that is being acquired is comprised of a 100% interest in Vespucio Norte Express and Túnel San Cristóbal in Santiago de Chile.The transaction is Ardian Infrastructure team’s first investment in the Chilean transport sector. Read more

Patria Closes US$809m for Infrastructure Fund IV

(AltAssets) 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 SEC filing published last week. Read more

OPIC Invests US$400m in Argentina Toll Road

(Press Release) OPIC announced that its Board of Directors has voted to approve US$400m in financing to rehabilitate and expand the Corredor C Toll Road, an essential trade route for Argentina’s economy. Read more

Kandeo Exits Grupo Factoring de Occidente via Sale to Latin Trade Capital (en español)

(Dinero) Kandeo fully exited Grupo Factoring de Occidente (GFO), A Colombia company that offers financing solutions to SMEs, through a sale to Latin Trade Capital, a member of Crecera Capital LLC, a subsidiary of an English fund with global investors such as PIMCO and Blackrock, and operations in Brazil, Argentina, Chile, and Peru. Kandeo 1 Colombia fund held a 50% share. Read more

H.I.G. Capital Completes Acquisition of Nadir Figueiredo

(Press Release) H.I.G. Capital completed the acquisition of Nadir Figueiredo Indústria e Comércio, a Brazilian glass tableware manufacturer for US$222.98m. Read more

Altum Capital Raises US$92m CKD

(LatinFinance) Altum Capital raised a US$92m CKD for a debt fund to finance SME loans in Mexico. Read more

OPIC and IDB Commit to Two Colombian Funds

(Press Release) The Overseas Private Investment Corporation (OPIC), and the Inter-American Development Bank (IDB) signed letters of intent to provide financing to MAS Equity Fund IV and Altra Fund III, two Colombian private sector investment funds that will apply a gender lens to their investments. Read more

Softbank Invests US$250m in Apartment Rental Platform QuintoAndar

(TechCrunch) Softbank invested a US$250m Series D in Brazilian apt. rental platform QuintoAndar. Read more

KaszeK Ventures Raises US$600m Across Two Funds

(Press Release) KaszeK Ventures raised US$600m across two new funds, including US$375m for its fourth flagship fund and US$225m for its first opportunities fund. Read more

Goldman Sachs, Point72 Ventures, and Others, Invest US$42m in Credijusto

(Reuters) Credijusto, a fintech startup that provides affordable financing to SMEs in Mexico, raised US$42m from Goldman Sachs, Point72 Ventures and others. Read more

Konfio Raises US$100m from Goldman 

(Bloomberg) Mexican lending platform Konfio raised a US$100m debt round from Goldman Sachs. Read more

IFC Leads R$70m Investment in Revelo (em português)

(DCI) The IFC led a R$70m investment in Revelo, a Brazil-based job matching platform, with follow-on from Valor Capital, Dalus Capital, FJLabs and corporate investor Seek. Read more

Base Partners Closes US$135m Fund

(CrunchBase) Base Partners, a Brazilian growth equity firm, closed a US$135m Fund II. Read more

KaszeK Ventures, Angel Ventures Mexico, and Others Invest US$9m in Urbvan

(Press Release) Urbvan, a transport app providing van-sharing rides along pre-established routes in Mexico City and Monterrey, raised a US$9m round from KaszeK Ventures and Angel Ventures Mexico, with participation from Liil Ventures and follow-on from DILA Capital. Read more

Grupo Pegasus Invests US$10m in Blush-Bar

(Press Release) Grupo Pegasus invested US$10m in Colombian cosmetics retailer Blush-Bar. Read more

QED Investors, Village Global, Next Billion Ventures, and Mountain Nazca Mexico Invest US$6.5m in minu

(Press Release) minu, a payroll fintech providing Mexican employees digital access to their earned wages, raised a US$6.5m seed round from QED Investors, Village Global, Next Billion Ventures, and Mountain Nazca Mexico. Read more

ALLVP Leads a US$4.5m Investment in Flat

(TechCrunch) ALLVP led a US$4.5m pre-seed round in Flat, a Mexican proptech employing the iBuyer model, with participation from Liquid 2 Ventures, Next Billion Ventures, Picus Capital, and angel investors. Read more

Patricia Saenz & Paula Arango Launch EWA Capital (en español)

(La República) Patricia Saenz (Mountain Nazca Colombia) and Paula Arango (Elevar Equity) joined forces to launch EWA Capital, a VC fund seeking US$30m to focus on women entrepreneurs. Read more

Accion Venture Lab Launches a New US$33m Fund

(Press Release) Global nonprofit Accion’s seed-stage investment initiative, Accion Venture Lab, launched a new US$33m fund, leveraging third-party capital for the first time (US$23m) and including a separate US$10m investment from Accion. Read more

Algo Capital Closes a US$200m VC Fund

(Private Equity Wire) 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. Read more

InovaBra Ventures Leads a R$15m Investment in Direct One (em português)

(Money Times) InovaBra led a R$15m investment in Direct One, a Brazilian multichannel customer communications platform. Read more

Nilo Invests in Covela

(Medium) Nilo Ventures made an undisclosed investment in Covela, a digital insurance broker for SMEs in Latin America. Read more

Crayhill Invests US$100m in Mutuo Financiera

(Press Release) Mutuo Financiera, a Mexican vehicle fleet leasing company focused on clean energy passenger transportation, raised US$100m in debt financing from Crayhill Capital Management to expand its fleet. Read more

Foundation Capital Leads an Investment in Jüsto

Foundation Capital led an undisclosed seed investment in Jüsto, a Mexico-based grocery delivery startup, with participation from Quiet Capital, Vas Ventures, 500 Startups, and others. Read more

First Rock Capital Invests US$3m in Luxury Residential Development in Cayman Islands

(Jamaica Observer) Jamaican real estate and private equity firm First Rock Capital executed a US$3m deal in the Cayman Islands for a luxury residential development in the West Bay area. Read more

BTG Pactual Agrees to Acquire Seven BR Malls for US$184m

(Yahoo Finance) BR Malls, Brazil’s largest mall operator, has signed an agreement to sell seven of its malls to a real estate fund controlled by BTG Pactual for US$184m. Read more

BR Malls Acquires Additional 25.5% Stake in Shopping Iguatemi Caxias do Sul (em português)

(Money Times) BR Malls acquired an additional 25.5% stake in Shopping Iguatemi Caxias do Sul, a shopping mall in Rio Grande do Sul. BR Malls now has a 71% stake in the shopping center. The financial terms of the transaction were undisclosed. Read more

Abu Dhabi Investment Authority (ADIA) to Invest in Latin America

(Deal Streets Asia) Abu Dhabi Investment Authority (ADIA)’s real estate team stated that it will continue to seek out opportunities in Latin America. Middle Eastern sovereign wealth funds have been seen to be expanding real estate portfolios across the region. Read more

Paladin Realty Partners To List a CERPI For MXN$4b on the BMV (en español)

(El Economista) Real Estate investor Paladin Realty Partners is preparing to list a CERPI for MXN$4b on the BMV. The proceeds will be invested in housing projects, offices, hospitals, and shopping centers in Brazil, Colombia, Mexico, and Peru. Read more

Yellowstone Capital Partners Closes US$300m for Colombia Real Estate Fund II

(Press Release) Colombian private equity real estate firm Yellowstone Capital Partners has reached a hard cap of US$300m for Yellowstone Real Estate Opportunity Fund II, securing commitments from pension funds, insurance companies, endowments, and family offices, including a 5% GP commitment. Yellowstone’s previous Colombia-focused real estate fund, YCP I, closed with US$95m in commitments in 2016 and is fully invested in a diversified real estate portfolio. Read more

Ivanhoé Cambridge and Citibanamex Afore Invest US$313m in Gran Ciudad

(Press Release) Gran Ciudad closed a Real Estate Fund of US$313m with commitments from Ivanhoé Cambridge the real estate investment arm of Canadian Pension Fund CDPQ and from Citibanamex Afore, the second largest pension fund manager in Mexico. Gran Ciudad will invest in multifamily rental housing properties in urban markets within Mexico. Read more

Hemisfério Sul Investimentos Buys Icon Realty I Real Estate Investment Fund for R$620m (en español)

(Lex Latin) Brazilian real estate investment firm Hemisfério Sul Investimentos (HSI) purchased the entire portfolio of the Icon Realty I Real Estate Investment Fund administered by BTG Pactual. HSI paid R$620m for the portfolio which consists of 32 real estate properties in Brazil. Read more