Investors in Brazil-based, US-listed payments and financial technology company StoneCo have raised USD790 million in a secondary follow-on offering on the New York Stock Exchange. Selling shareholders offered 19.5 million Class A common shares at a price of USD40.50 per share. Global growth markets investor Actis partially exited its stake… Read More
Brazil-focused alternative asset manager Patria Investments has sold a 20 percent stake in Brazil-based elderly care provider Brasil Senior Living (BSL) to France-based long- and short-term care company Orpea. As part of the transaction, Orpea has the option to wholly acquire the company within the next five years. BSL operates… Read More
Brazil-focused real estate and private credit fund manager Hemisfério Sul Investimentos (HSI) has acquired Class A office buildings Evolution and Itower, located in the São Paulo, Brazil metropolitan area, for a combined BRL400 million (USD104 million). The buildings reportedly have an occupancy rate of 95 percent, with corporate tenants such… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. Revived investor faith in Brazil’s economic prospects drove a surge in fundraising for Latin America in 2018. Brazil-focused funds accounted for USD6 billion of the total USD8.7 billion raised, with Patria Investments… Read More
EMPEA Members, log in and click through for your exclusive access to the detailed report and underlying data. In a year marked by significant political changes, investors demonstrated growing confidence in opportunities across the private capital spectrum in Brazil. LPs committed USD6 billion to Brazil-focused funds, representing a 267% year-over-year increase… Read More
The EMPEA Data Insights are quarterly updates of high-level trends and notable developments in all major emerging market regions plus Brazil, China, and India. The Data Insights offer unique access to EMPEA’s statistics at the regional and country level and provide detailed analytics of fundraising trends and deal flow. EMPEA… Read More
EMPEA Members log in to receive exclusive access to the detailed report (PDF) and underlying data (Excel). EMPEA’s year-end 2018 Industry Statistics reveal unprecedented levels of global investor interest in Emerging Asia, as well as a recovery in capital raised for private capital opportunities in Latin America and… Read More
Accion Venture Lab, the seed-stage investment initiative of financial inclusion-focused investment firm Accion, has participated in the USD3 million Series A investment round for Destacame, a Chile-based personal financial management platform. Latin America-focused venture capital firms Fen Ventures and Mountain Nazca also participated. Destacame will use the new funds to… Read More
The Craftory, a permanent capital firm investing in early- and growth-stage consumer brands, has led an investment of USD30 million in NotCo, a Chile-based technology business that develops plant-based alternatives to animal-derived food products. Other participants in the funding round include Jeff Bezos’s family office Bezos Expeditions, Latin America-focused venture… Read More
Global alternative fund manager Spruceview Capital Partners has raised USD300 million through the Series A issue of a Certificado de Proyectos de Inversión (CerPi) offering on the Mexican Stock Exchange (BMV). The fund, which listed under the ticker symbol SVPI 19, has the option to raise an additional USD700 million… Read More
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