Members of GPCA’s Latin America Council recently gathered to compare notes on the market. Key takeaways from the discussion:
- Robust tech dealmaking has driven record-breaking investment, but Council members cited concerns about higher valuations
- Growing dry powder in VC is poised to fuel further investment, with established investors managing over USD5b in LatAm-specific vehicles ready to be deployed.
- LatAm PE fund managers looking to commit capital to earlier-stage companies are expanding investment teams with new tech-focused talent. They are also putting in place new processes for deal sourcing, performing faster-paced due diligence and managing a larger number of portfolio companies
- Local investors’ interest in alternative assets dwindles as rising interest rates make fixed-income strategies attractive again.