Mexico-focused venture capital firm ALLVP and US-based VC NFX led a USD5.3m seed round for Nuvocargo, a logistics startup focused on US/Mexico cross-border trade, with participation from One Way Ventures, Maya Capital, Magma Partners, the co-founders of Rappi, the former CMO of Cabify, and… Read More
Digital Colony, the infrastructure investment platform of Colony Capital, has acquired Brazil-based digital infrastructure company UD Tecnologia for reportedly USD280m. Read more… Read More
White River Renewables, a joint venture between US private equity firm Riverstone Holdings and Switzerland-based White Summit Capital, has acquired two Mexican solar projects from Jinko Solar. The joint venture acquired the 130 MV Viborillas project in Aguascalientes and the 25 MW San Ignacio project in Yucatán. Read More
Ardian has acquired a 49% stake in two Peruvian solar power plants, namely Tacana Solar and Panamericana Solar, from Spanish renewable energy company SolarPack, which retains a controlling stake. Read more… Read More
Canada Pension Plan Investment Board (CPPIB) and Ontario Teachers’ Pension Plan Board (OTPP) have finalized the purchase of 40% of the shares of Mexican infrastructure operator Impulsora del Desarrollo y el Empleo en América Latina (IDEAL). Read more… Read More
Private equity firm Evolvere Capital has acquired Colombia-based dental clinic network Dentix Colombia for an undisclosed amount. Read more… Read More
Valor Capital and DNA Capital led a USD11m series B in Brazilian health-focused edtech platform Sanar, with follow-on from e.bricks Ventures and Vox Capital. Read more… Read More
Brazil-based private equity firm Ore Investments has reached a USD46m first close for its mining-focused fund Ore Mining Private Equity I FIP. Read more… Read More
SoftBank invested USD48m from its Latin America fund in Brazil-based online pet product retailer Petlove to accelerate the company’s growth to meet higher demand for online services during the social isolation mandated by Brazilian authorities. Latin American VCs KaszeK Ventures and monashees, as well as PE firm Tarpon… Read More
EM private credit funds raised USD8.1b in 2019, led by an increase in special situations fundraising EM private credit fund managers raised USD8.1 billion in 2019. As explored in EMPEA’s 2019 Private Credit Solutions report, investor interest in private credit opportunities has grown in recent years, which is particularly visible… Read More
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