Latin America-focused private equity firms Alta Growth Capital and Stella Maris Partners, as well as the private credit arm of multinational financial services group Credit Suisse, have invested in Lottus Education, a Mexico-based higher education company. The company offers high-school, undergraduate, and graduate on-campus and online education programs through the… Read More
US-based ride-hailing company has agreed to acquire a majority stake in Chile-based grocery delivery platform Cornershop, which is backed by venture capital fund managers ALLVP, Accel Partners, Creandum, Jackson Square Ventures, and Capital Mazapil. Cornershop raised its first round of institutional capital in July 2015 led by ALLVP and currently… Read More
Mexico-based job search platform Worcket has received a USD1.5 million seed investment from Latin America-focused early-stage investor NXTP Labs. The company uses artificial intelligence, big data, and machine learning technologies to provide human resources departments with a digital recruiting service available on the cloud. Worcket will use the new funding… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. Following strong fundraising in 2018, private capital fund managers in Latin America raised just USD1.1 billion in the first half of 2019, led by Vinci Partners’ third mid-market fund and CMB Prime’s regional… Read More
Financial services-focused venture capital fund manager Quona Capital has led a USD7.5 million seed-stage financing round for Mexico-based digital banking company Klar. Other participants in the round include venture capital firms aCrew, FJ Labs, Arc Labs, and Western Technology Investment, as well as Santander Innoventures, the corporate venture capital arm… Read More
Download press release CHINA DECELERATION LEADS TO OVERALL SLOWDOWN IN EMERGING MARKET PRIVATE CAPITAL ACTIVITY Subdued investment in Asia’s largest market, as well as fewer large-cap pan-Asia funds raising capital, rein in total EM activity levels despite bright spots in other regions,… Read More
Global private markets investment manager Partners Group has agreed to acquire a 50 percent stake in EnfraGen, a Latin America-focused developer, owner, and operator of specialty power generation assets, from US-based industrial conglomerate Glenfarne Group. Glenfarne founded EnfraGen in 2015 and will retain a 50 percent stake in the company. Read More
EMPEA Members log in to receive exclusive access to the detailed report (PDF) and underlying data (Excel). Subdued investment in Asia’s largest market, as well as fewer large-cap pan-Asia funds raising capital, rein in total EM activity levels despite bright spots in other regions, including Africa, other countries,… Read More
Latin America-focused private capital firm PC Capital has reached a first close for PC Capital Development Fund II. Investors in the fund include development finance institution IFC, Mexico-focused fund of funds Fondo de Fondos, and global asset manager PineBridge Investments, among others. The fund will make equity and subordinated debt… Read More
Emerging and frontier markets-focused investment firm Vostok Emerging Finance (VEF) has led a USD13 million Series B investment in Xerpa, a Brazil-based human resources and accounting services provider. Other investors in the funding round include Founders Fund, Kaszek Ventures, Redpoint e.ventures, and QED Investors. Xerpa will use the new capital… Read More
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