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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.
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LAVCA welcomes 13 new member firms to the association including:
LAVCA+
- Vinci Partners
- General Atlantic
FULL MEMBERS
- Alaya Capital Partners
- EMX Capital
- DXA Investments
- GIC
- H.I.G. Latin America
- Invariantes Fund
- Tinello Capital
ASSOCIATE MEMBERS:
- First Avenue Partners
- Gomez Pinzon Zuleta
- Estrategia en Accion
- Grupo IDC
As a non-profit association, Member participation and support is invaluable to the organization's success. A full list of LAVCA's Members is available here. For more information on becoming a member, visit LAVCA's website.
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REGISTRATION OPEN for LAVCA WEEK, September 25 - 28, 2017 in New York City.
Bill Ford, CEO of General Atlantic is this year's Mexico Keynote for the LAVCA Summit & Investor Roundtable (PE program), September 25-27. The keynote will be followed by the panel: NAFTA and Beyond: What’s Working in Mexico and What Needs to Change?
Josh Kushner, Co-founder of Thrive Capital, alongside Hernan Kazah, Co-founder of KaszeK Ventures, will headline the LAVCA Venture Investors Annual Meeting on September 28 at Tribeca 360.
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.
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LAVCA GP Member firms are invited to participate in the next edition of The Latin American Private Equity Deal Book & ESG Cases CALL FOR SUBMISSION.
The first, second, and third editions were produced in 2014, 2015, and 2016 in response to demand from LPs for specific examples of private equity case studies.
A successful track record is an important indicator of the maturity of a private equity market. Again in 2017, LAVCA and a panel of LP judges will select a series of private equity awards to bring recognition to fund managers with successful deal cases in Latin America. Open exclusively to LAVCA Members, any firm who submits a case study to be published in the Deal Book will be automatically considered for the award. See 2016 and 2017 winners.
The LAVCA Deal Book and Award helps illustrate to institutional investors, policy makers, business owners, and other stakeholders the value of private equity in Latin America.
Please complete the ONLINE SUBMISSION FORM. A PDF submission form can be sent to fund managers upon request. Questions can be directed to Natalia Valencia.
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GP SURVEY: LAVCA is collecting data for the mid-year survey on PE/VC activity.
200+ fund managers participate in LAVCA data collection, which is a key element to promoting capital flows into the region and helps to educate investors about the growing private equity and venture capital industry in Latin America. If you are a fund manager active in the region and would like to participate in the survey, please contact Natalia Valencia or Eduardo Roman. Information shared with LAVCA remains confidential.
LP SURVEY: LAVCA and Cambridge Associates are surveying LPs for information about private capital activity and allocations.
LPs interested in participating will receive a complimentary copy of the LAVCA Industry Data & Analysis (US$795 value) and results will be presented on September 27 at the LAVCA Summit & Investor Roundtable during LAVCA Week. Contact our research team to participate.
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Private Equity News
Actis Closes Purchase of Six Wind Farms in Brazil (em português)
(Economia & Negócios) Actis private equity has closed the purchase of six wind farms in Rio Grande do Norte and Bahia, Brazil, from Gestamp Renewable Energy. Read more
Advent International Partially Exits Pharmaceutical Company Biotoscana (em português)
(Press Release) Advent International has partially exited Uruguay-based pharmaceutical company Biotoscana through an initial public offering of Brazilian Depositary Shares (BDRs) on Brazil’s B3 stock exchange. Read more
Evertec Acquires Chile’s PayGroup from Activa
(LexLatin) Chile’s Activa Alternative Assets has sold Chilean processing and software services company PayGroup to Evertec, a Puerto Rico-based transaction processing business in Latin America and the Caribbean. Read more
Ameris Capital Launches Impact Investment Fund (em português)
(LexLatin) Chile’s Ameris Capital has raised US$7m for its second impact investment fund to invest in social projects in Chile. Read more
Advent Acquires Brazilian Autoparts Company Menil (em português)
Advent International acquired Brazilian auto parts company Menil for an undisclosed amount via its portfolio company Fortbras. Read more
Portland Caribbean Fund Invests US$8m in Melville’s Diverze Assets
(Press Release) Portland Private Equity’s Portland Carribean Fund invested US$8m in Diverze Assets, an adventure company owned by the Melville family with a presence in Jamaica and Belize, to fund the company’s regional expansion. Read more
Arlon Buys Minority Stake in Betânia (em português)
(Press Release) Arlon Latin American Partners bought a minority in Brazilian dairy company CBL Alimentos (Betânia) for an undisclosed amount. Read more
Patria Investimentos Makes Debut Investment in Colombia (em português)
(Press Release) Brazilian private equity firm Patria Investimentos has invested US$100m to open up an Odata data center in Colombia. Read more
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Venture Capital News
Argentina’s Alaya Capital Invests US$1m in Three Chilean Startups (en español)
(Economía y Negocios) Alaya Capital Partners invested US$1m across Chilean startups MyHotel, Chattigo, and Welii. Read more
BanRegio to Invest in Fintech Funds (en español)
(El Economista) Mexico-based bank BanRegio will invest in four funds looking at fintech deals: VARIV Capital, Jaguar Ventures, 500 Startups, and Endeavor Catalyst. Read more
Ideas & Capital Invests Pre-Series A in Dvdendo (en español)
(Press Release) Ideas & Capital led a US$1.5m pre-Series A in Dvdendo, a finance management platform. Read more
Six Banks Launch Arfintech Fund (en español)
(Clarin) Six Argentinian private banks have launched Arfintech, a fund investing in startups in the financial services sector. The banks have committed US$3m to the fund, which has already invested US$800k in five startups. Read more
IGNIA Invests in Mexico's LentesPlus
(Press Release) IGNIA made an undisclosed investment in e-commerce platform LentesPlus, with participation from Stella Maris Partners and InQlab. Read more
Primatech Acquires Brazli’s Rockhead Estúdios
(LexLatin) Primatec acquired Rockhead Estudios, a Brazilian gaming company, for an undisclosed amount. Read more
IGNIA Invests in Afluenta
(Press Release) IGNIA made an undisclosed investment in Afluenta, a peer to peer lending network in Argentina, Mexico, and Peru. Read more
Parallel18 Ventures Invests in BrandsOf, Timokids and Be Better Hotels (en español)
(PulsoSocial) Puerto Rico accelerator Parallel18 invested US$75k each (US$225k total) in Puerto Rico’s Brands Of, Brazil’s Timokids, and Argentina’s Be Better Hotels to expand in Puerto Rico. Read more
Berrini Ventures and Bossa Nova Partner to Invest in Brazilian Health Startups (em português)
(Press Release) Bossa Nova Investimentos and Berrini Ventures are partnering to help develop and invest in health startups in Brazil. Read more
Dalus Capital Invests MXN$72.4m in Mexican Digital Media Company (en español)
(Press Release) Dalus Capital invested MXN$72.4m in Cultura Colectiva, a digital media company creating content for Spanish-speaking millennials. Read more
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Real Estate News
China’s Fosun Acquires Hemisfério Sul Investimentos’ Torre Sucupira (em português)
(Brazil Journal) Brazilian private equity real estate firm Hemisfério Sul Investimentos has sold office buildingTorre Sucupira, which is located in the complex Parque de Cidade in São Paulo, to China’s Fosun for R$440m. Read more
Equity International Closes Follow-On Investment in Acosta Verde in Mexico
(Press Release) Equity International made a US$29m follow-on investment in Grupo Acosta Verde, a developer, owner, and manager of shopping centers in Mexico. Read more
Gava Capital Raises MXN$2.1b Through CKD for Real Estate Projects (en español)
(IREI) Gava Capital has raised MXN$2.1b through the issuance of its first CKD on the Mexican Stock Exchange. It will use the resources to invest in middle-income residential housing as well as mixed-use projects in Mexico. Read more
Prologis to Acquire Stake in Brazil Portfolio
(Press Release) Logistics-focused global real estate investor Prologis will acquire its partner’s stake in its Brazil portfolio for US$362m. Upon close of the transaction, Prologis will own 100% of Prologis CCP and rename the business to Prologis Brazil. Prologis CCP is a joint venture between Prologis and Cyrela Commercial Properties. Read more
Paladin Realty Partners Expands its Latin American Management Team
(Press Release) Latin America-focused private equity real estate firm Paladin Realty Partners brought on two new hires to help expand its management team. Evan Pickering was hired as Vice President of Investor Relations along with Josefina Anaya who will serve as a Senior Construction and Engineering Manager. Read more
RB Capital and Macquarie Capital Announce Plans to Form New Brazil Industrial and Logistics Real Estate Platform
(Press Release) RB Capital and Macquarie Capital announced an agreement to form an industrial real estate platform to acquire and develop industrial real estate in Brazil. Read more
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IIA17 México: Conoce Emprendedores de Agora
Hosted by Agora Partnerships & IADB |
August 3, 2017 |
Mexico City, Mexico
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Finnosummit
Hosted by Finnovista |
September 19-20, 2017 |
Mexico City, Mexico
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LAVCA Week: Summit & Investor Roundtable
Hosted by LAVCA |
September 26-27, 2017 |
New York, NY
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LAVCA Week: Venture Investors Annual Meeting
Hosted by LAVCA |
September 28, 2017 |
New York, NY
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Sustainable Investing in Emerging Markets
Hosted by FT and EMPEA |
October 17, 2017 |
London
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9th Annual Women’s Alternative Investment Summit
Hosted by Falk Marques Group |
November 2-3, 2017 |
New York, NY
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Expo Negocios Inmobiliarios 2017
Hosted by Inmobiliare |
November 8-9, 2017 |
Mexico City
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LAVCA Wharton Private Equity Professional Development Program
Hosted by LAVCA |
November 13-16, 2017 |
Miami, FL
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| LAVCA Members receive a discount on select events. For information on member discounts, contact Caitlin Mitchell
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Latin American Venture Capital Association
589 8th Avenue, 18th Floor
New York, NY 10018
Contact Us
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