|
|
|
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.
|
|
The 2017 Summit & Investor Roundtable LP Keynote Fireside Chat features:
- Tanya Carmichael, Managing Director, Global Funds for OTPP (and ILPA Chair)
- Maria Kozloski, Global Head & Chief Investment Officer, IFC
This year's private equity keynotes are Leon Black of Apollo Global Management on Brazil, Paul Fribourg, Chairman of Continental Grain and an Apollo board member, and Bill Ford of General Atlantic on Mexico.
Closing LAVCA's Venture Investors Annual Meeting on September 28th is Josh Wolfe, Founder and Managing Partner of Lux Capital, a VC firm with US$1b AUM to fund scientists and entrepreneurs solving the world’s toughest problems.
REGISTER for LAVCA WEEK, September 25 - 28, 2017 in New York City.
Family Offices are invited to a private program and dinner on September 25. Please contact us to see if you qualify to attend.
Qualified institutional investors are invited to an LP-only breakfast hosted by the ILPA on September 27th. RSVP.
Registration subject to approval. Space is limited.
|
|
|
|
LAVCA recently spoke with two early-stage startups trying to improve working conditions for cleaning professionals in Mexico and Colombia.
COLOMBIA: After initial funding from Wayra, the accelerator of Telefonic Open Future_, and participating in Y Combinator, subscription cleaning service for small businesses Hogaru is consolidating operations in Colombia, where it already operates at profitability, and eyes potential expansion markets.
In this interview, Hogaru CEO Matteo Cera discusses how this model has advantages in LatAm over the US, including high urban population density and a cheaper cost to acquire new clients, as well as how Y Combinator helped them establish a network of mentors and created access to US investors.
MEXICO: Aliada, a Mexican domestic labor platform that connects you with “Aliadas” (professionals that provide domestic and office cleaning services), just raised an undisclosed round of funding from Promotora Social Mexico, VARIV Capital, Capital Invent, Dila Capital, and Gentera through its innovation arm Fiinlab.
In this interview with Aliada founders Ana Isabel Orvañanos and Rodolfo Corcuera, we explore how Aliada is trying to impact the lives of thousands of Mexicans while combating the social stigma associated with domestic labor.
|
|
|
|
|
|
Now available for download, LAVCA's report on Latin American Private Real Estate.
The report presents an independent perspective on the size of the Latin American private real estate market, identifying the main players, geographies, and relevant sectors in the region, with a particular focus on Brazil, Mexico, Colombia, Peru, and Chile.
The report is US$295 for non-members and free for LAVCA Members using their Member Login. Find out more about becoming a Member or access other LAVCA Industry Data & Reports.
Qualified institutional investors and other select investors can receive a complimentary copy. To see if you qualify, contact research@lavca.org.
NEW in 2017: LAVCA will host a dedicated Real Estate Program during LAVCA Week 2017, on the afternoon (2:00pm - 6:00pm) of September 27 in New York City. The program for real estate investors features speakers including:
Blackstone, Equity International, CPPIB, PGIM Real Estate, Metro Buildings, Peninsula Investments Group, Avenida Capital, Black Creek Group, Paladin Realty Partners, Tishman Speyer, Jaguar Growth Partners, TC Latin America Partners, Thor Urbana, Altment Capital Partners, GIC Real Estate, IFC, Profuturo, IMF, and others.
REGISTER HERE. Please note, you will have the option to register for all of LAVCA Week or the Real Estate Program only after filling out your personal details.
|
|
|
|
|
Private Equity News
IFC and IFC AMC Invest in Citla Energy (en español)
(LexLatin) IFC and IFC AMC’s China-Mexico Fund made a US$61.8m investment in Citla energy, a Mexican oil exploration business and portfolio company controlled by ACON investments. Read more
China Merchants Port to Acquire 90% of Brazil’s TCP from Advent International
(Press Release) Advent International has agreed to sell a 90% stake in TCP Participações to China Merchants Port Holdings Company (CMPort) for R$2.9b, marking CMPort’s first investment in Latin America. Read more
Moringa Invests in Agroforestry Company Floresta Vivia
(Press Release) Impact Investment Fund Moringa SCA SICAR made an undisclosed investment in Floresta Viva, a Brazilian agroforestry company focused on environmentally-friendly heart of palm production. Read more
DGF Investimentos Receives Top PE/VC Ranking
(Press Release) Prequin’s 2017 PE/VC report has ranked Brazilian Fund manager DGF Investimentos first among Private Equity and Venture Capital funds in emerging markets based on quartile performance. Read more
Neo Investimentos Acquires Brazil’s Grupo Verzani & Sandrini (en español)
(LexLatin) Neo Capital III investment fund acquired a stake in Brazilian security, maintenance, and facilities management company Verzani & Sandrini for an undisclosed amount. Read more
Macquarie Capital and Techint to Acquire Mexican Power Station
(BNAmericas) Abengoa has reached an agreement with the consortium formed by Macquarie Capital and Techint Engineering & Construction for the sale of the 907 MW combined cycle Norte III, in the state of Chihuahua (Mexico). Read more
Cartesian Capital to Invest US$75m in Aloo Telecom (em português)
(Valor Econômico) Global private equity firm Cartesian Capital Group agreed to invest US$75m in Brazilian telecom operator Aloo Telecom. To date, Cartesian Capital has invested US$22m and owns a minority stake in the company. Read more
|
Venture Capital News
Global Institutional Investors and Development Banks Invest US$8m Series B in Guatemala's Kingo
(Press Release) International investors FCP, ENGIE, FMO, Proparco, and H-Reff invested an US$8m Series B in Guatemala-based solar energy company Kingo. Read more
Global and Local Investors Make US$3.6m Investment in Colombian Fintech Startup Sempli
(Press Release) Velum Ventures, FOMIN, XTP1, Grupo Generaciones, and DGGF (Dutch Good Growth Fund) made a US$3.6m investment in Colombian fintech platform Sempli. Read more
InvestTech Makes R$21m Investment in Brazilian Fintech Platform Acesso (em português)
(Press Release) InvestTech made a R$21m investment in Acesso, a Brazilian pre-paid card platform that processes over R$1b in transactions per year, with participation from Duxx Investimentos, founder Sérgio Kulikovsky, the Heilberg family and others. Read more
500 Startups Invests in Quero Educação (em português)
(Baguete) 500 Startups made a US$100k investment in Quero Educação, a Brazilian college comparison and scholarship platform that was accelerated at Y Combinator in 2016. Read more
Canary and Yellow Ventures Invest R$1.5m in HRtech Startup Gupy (em português)
(Startupi) Canary and Yellow Ventures invested R$1.5m in Gupy, an HR platform digitizing the recruitment and new hire selection process for Brazilian businesses. Read more
Promotora Social Mexico Leads Investment in Mexico’s Aliada
(Press Release) Promotora Social Mexico (PSM) led an undisclosed investment in Aliada, a Mexican domestic labor platform, with participation from VARIV Capital, Capital Invent, Dila Capital, and Gentera through its innovation arm Fiinlab. Read more
TriLinc Global Impact Fund Makes Investments in Latin America
(Press Release) TriLinc Global Impact Fund made a US$37.5m impact investment in term loan and trade finance facilities to companies operating in Sub-Saharan Africa, Latin America, and Southeast Asia. Read more
|
Real Estate News
Cadillac Fairview and Autonomy Investimentos Acquire Two Industrial Parks in Brazil (en español)
(Press Release) Cadillac Fairview, the real estate investment arm of Canadian pension plan OTPP, and Brazilian real estate investment firm Autonomy Investimentos acquired two industrial parks in Minas Gerais for an undisclosed amount. Read more
MIRA Constructs One of the Largest Mixed-Use Real Estate Projects in Nuevo Polanco (en español)
(Press Release) Investment and real estate platform MIRA is constructing a new mixed-use real estate project located in Nuevo Polanco, Mexico City, which includes five residential towers and 5,000 square meters of commercial area and three office towers. Read more
Greystar Bets on Rental Housing in Chile (en español)
(Diario Financiero) Greystar and Credicorp Capital have launched a joint fund to begin investing in multifamily-for-rent projects in Chile. Read more
CPPIB & CCP Commit US$400m to Brazilian Office Joint Venture
(Press Release) After closing a portfolio exchange, CPPIB and Cyrela Commercial Properties have committed US$400m to a newly formed joint venture that will focus on additional investments in top-tier office properties in Brazil. Read more
Credit Suisse Collects MXN$5.7b with the Launch of Fund (en español)
(El Economista) Credit Suisse raised MXN$5.7b on Mexico’s stock exchange through a real estate trust that incorporates characteristics of a CKD vehicle. The trust will provide mortgages for Mexican commercial real estate projects. Read more
PGGM & APG Commit to GTIS’ Latest Brazil Real Estate Fund
(PERE) European investors PGGM and APG made significant capital commitments to GTIS’ latest Brazil real estate fund. Read more
Goodman Launches US$1b Brazilian Logistics Platform
(IPE Real Estate) Global logistics specialist Goodman has raised US$1b (€852m) from various investors within its existing investor base to develop and own facilities in Brazil. Read more
|
|
|
|
|
|
Finnosummit
Hosted by Finnovista |
September 19-20, 2017 |
Mexico City, Mexico
|
| |
|
|
LAVCA Week: Summit & Investor Roundtable
Hosted by LAVCA |
September 26-27, 2017 |
New York, NY
|
| |
|
|
LAVCA Week: Venture Investors Annual Meeting
Hosted by LAVCA |
September 28, 2017 |
New York, NY
|
| |
|
|
Latin Lawyer 8th Annual Private Equity Conference
Hosted by Latin Lawyer |
September 29, 2017 |
New York, NY
|
| |
|
|
Sustainable Investing in Emerging Markets
Hosted by FT and EMPEA |
October 17, 2017 |
London
|
| |
|
|
blastu
Hosted by blastu |
October 17-18, 2017 |
São Paulo, Brazil
|
| |
|
|
9th Annual Women’s Alternative Investment Summit
Hosted by Falk Marques Group |
November 2-3, 2017 |
New York, NY
|
| |
|
|
Expo Negocios Inmobiliarios 2017
Hosted by Inmobiliare |
November 8-9, 2017 |
Mexico City
|
| |
|
|
LAVCA Wharton Latin American Private Equity Executive Program
Hosted by LAVCA |
November 13-16, 2017 |
Miami, FL
|
| |
| LAVCA Members receive a discount on select events. For information on member discounts, contact Caitlin Mitchell. |
Latin American Venture Capital Association
589 8th Avenue, 18th Floor
New York, NY 10018
Contact Us
|
|
|
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
|