Key findings from the 2015 LP Survey: Over the next two years, 33% of LPs* plan to increase the percentage of their total PE allocation targeted at emerging markets (versus 41% in the 2014 survey), and 47% of LPs* anticipate increasing the dollar value of new commitments to EM… Read More
Brazil-focused growth equity investment group DGF Investimentos has invested BRL30 million (approximately US$10 million) for a minority stake in Brazil-based business-to-business e-commerce company Mercado Eletrônico. Mercado Eletrônico intends to use the new funds to attract new medium-sized businesses to its platform. Read More
Global alternative asset manager The Carlyle Group has agreed to invest a reported BRL1.75 billion (approximately US$592 million) for an 8.3 percent stake in Brazil-based hospital operator Rede D’Or São Luiz. The investment will be structured through Carlyle Partners VI and Carlyle’s South American buyout funds, including Fundo Brasil de… Read More
Aqua Capital, a South America-focused private equity fund manager specializing in agribusiness, has agreed to acquire a controlling interest in Brazil-based fertilizer producer Dimicron. The company will be merged with Aqua Capital’s existing portfolio company Aminoagro, a micronutrient fertilizer manufacturer which it acquired in 2013, and both the Aminoagro and… Read More
Grupo Acosta Verde, a Mexico-based developer, owner and manager of shopping centers, has received funding from global real estate investors Equity International and Altan Capital, global asset manager BlackRock and other undisclosed investors. The company has developed 35 retail properties since 1992 and currently manages 26 shopping centers, 11 of… Read More
Médica Santa Carmen, a Mexico-based operator of a network of healthcare clinics, has raised US$7 million in a round of funding from Mexico-focused healthcare venture capital firm Antoni & Lelo de Larrea Venture Partners (ALLVP), as well as the Fondo de Impacto Social of Nacional Monte de Piedad, a Mexico-based… Read More
SCL Energia Activa, a Latin America-focused investor in energy- and power-related assets, has reached a final close for its Americas Energy Fund II with capital commitments of US$247 million. Investors in the fund included family offices, funds of funds, pension funds, endowments and sovereign wealth funds. Latin America-based investors committed… Read More
Aqua Capital, a private equity fund manager focused on mid-sized agribusiness, food and logistics companies in South America, has acquired a majority stake in Grand Cru, a Brazil-based wine retailer. Grand Cru intends to use the new funding to increase its number of stores within Brazil and expand its e-commerce… Read More
Global asset manager BlackRock and energy-focused private equity firm First Reserve have agreed to acquire a 45 percent stake in two gas pipelines in Mexico—Los Ramones Phase II North and Los Ramones Phase II South—from Mexican state-owned energy company Petróleos Mexicanos (Pemex) for approximately US$900 million. Both projects will benefit… Read More
International Finance Corporation (IFC), a development finance institution, and Riverwood Capital, a technology-focused private equity firm, have invested US$45 million in Netshoes, a Brazil-based sporting goods e-commerce company. The investment will support Netshoes’ expansion in Latin America, as well as the development of its business vertical Zattini, an e-commerce fashion… Read More
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