Infrastructure funds raised USD5.2b in 2019, led by closes for Actis and NIIF funds EM-focused infrastructure fund managers raised USD5.2 billion in 2019, led by commitments to two landmark funds: the USD1.2 billion Actis Long Life Infrastructure Fund and National Infrastructure Investment Fund’s Master Fund, which reached a fourth close… Read More
Private capital investment in Brazil reached USD8.7b in 2019, the highest annual total on record Following a strong fundraising year in 2018, capital deployed in Brazil-based companies reached USD8.7 billion in 2019. Total capital invested increased across all asset classes, reflecting rising investor confidence underpinned by low interest rates, pension… Read More
LGT Lightstone, the impact investing arm of global bank and alternative investment fund manager LGT, led a USD80m Series E for Brazil-based transportation startup CargoX with follow-on from Valor Capital, Goldman Sachs Growth Equity, and Farallon Capital. Read more… Read More
Global private equity fund manager H.I.G. Capital led a USD65m investment in Brazil-based full service logistics firm Modern Logistics through a convertible debt with participation from other investors including unnamed family offices. Read More
Ultracheese, a company controlled by Latin American agribusiness private equity fund manager Aqua Capital, has acquired Brazil-based buffalo milk cheese manufacturer Búfalo Dourado for an undisclosed amount. Read more… Read More
Solar sector specialist asset manager NextEnergy Capital has acquired the first phase of a 108MW solar project in Mexico through NextPower III. This transaction is NextEnergy’s first acquisition in Mexico. Read more… Read More
Mexico-focused private equity fund manager Alta Growth Capital has sold 50% of its interest in three Mexican hospitals to RAG Capital Partners for MXN150m (USD6.2m). Read more… Read More
EMPEA Members log in to receive exclusive access to the detailed report (PDF) and underlying data (Excel). EM-focused private capital vehicles raised USD78 billion in 2019, with a slowdown in pan-Asia and China-dedicated funds largely offset by increased fund closes from multi-regional GPs. Fund managers deployed record levels… Read More
Brazil-focused special situations fund manager IG4 Capital Partners has reached a USD231.5m final close for its Private Equity Fund II. IG4 has also raised additional co-investment commitments for the recently created IG4 Capital Infrastructure Investments platform that will target infrastructure and logistics assets in the Andean Region. Read More
Global Founders Capital, Latin American VC KaszeK Ventures, and Brazilian VC Canary led a USD10m Series A for Brazilian dental startup SouSmile. Read more… Read More
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