February 2010   
BREAKING: Chile Earthquake message

chile-earthquake-radiusAs you all know, this morning an 8.8 magnitude earthquake shook Chile's mid-region. This is the 2nd big earthquake that hits the Latin American Region in just a few months. At LAVCA, we would like to express our support to all our Chilean and Haitian friends and encourage our readers to get involved with the disaster relief and reconstruction efforts going on right now in both countries through charities like Red Cross and other local organizations.

All the best,

The LAVCA Team

 

 
by Cate Ambrose, Executive Director, LAVCA    February 2010   
Executive Briefing: New momentum for PE and VC in 2010?
sky-low

In January and February over 120 PE and VC firms reported 2009 deal and fundraising activity to LAVCA for publication in our annual Yearbook (survey results will be made public in March).

Conversations with those fund managers have also pointed up fresh momentum on fundraising for Latin America in 2010 – one leading regional firm that has been in the market for six months describes a dramatic uptick in commitments from global LPs in the first eight weeks of the year. They have had to increase their original target for the fund and are set to close in late March.

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by Entrepreneur of the Month    February 2010   
An Interview with Alberto Osio, Yolia Health
yolia1Latin America PE/VC Report spoke with Alberto Osio, President & CEO of Yolia Health and Co-Founder of Angel Ventures Mexico.
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by LP of the Month    February 2010   
An Interview with Steve Cowan, PCGI

LP-profiles-2-small

Steve Cowan, Founder and Managing Director of PCGI, talks about his experience investing in emerging markets.

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by Martin Litwak, Ferrere Internacional    February 2010   
Domiciling Latin American PE Funds
shorelineThe most important decision a manager or a general partner of a fund must take is choosing an investment strategy and objective for the fund. The second most important decision is where to domicile the fund.
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by GP of the Month    February 2010   
An Interview with Alvaro Goncalves, Stratus Investimentos

goncalvesLAVCA spoke with Alvaro Goncalves, Managing Partner of Stratus Investimentos. Founded in Sao Paulo, Brazil in 1999, Stratus manages a $285 million mid-market private equity fund, which includes a mezzanine infrastructure fund in joint venture with Darby Overseas. Stratus is currently raising capital for the buyout platform and real estate.

 

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Investments & Exits

CASEIF Corporation II Successfully Completes First Exit: CECONSA

February 24, 2010: In February 2010, CASEIF Corporation II successfully completed its first exit in CECONSA Nicaragua (CECONSA), two years and three months after the ...

Stratus CleanTech Fund Invests in Amyris Brasil

February 10, 2010: Stratus Group announced that it has invested in Amyris Brasil S.A., through its CleanTech Fund and led a US$ 80 million capital ...

HydroChile Receives US$200 Million Investment From Eton Park

February 5, 2010: Funds managed by global investment firm Eton Park Capital Management have invested US$200 million in HydroChile, a Chilean company founded in early ...

Advent’s International Meal Co. Suspends IPO Plans

February 5, 2010: Advent Investments' portfolio company International Meal Company Holdings SA requested to cancel a planned IPO, citing "economic uncertainties in the Brazilian and ...

EMP Latin America Invests in leading Mexican Palm Oil Operation

February 1, 2010 : EMP Latin America (EMPLA) today announced a US$17 million financing for Promoción e Industrialización de Palma (PIP) and its subsidiary Propalma, ...

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Fundraising & Other News

Kentucky Retirement System Commits to Arcano Capital

Spanish fund of funds and LAVCA member firm Arcano Capital has secured a commitment from the Kentucky Retirement System to invest in European and Latin ...

LAVCA Member Nexxus Capital and Partners to Form Grupo Hotelero Santa Fe

February 22, 2010: Nexxus Capital, Grupo Chartwell and Walton Street Capital announced today the formation of a partnership named Grupo Hotelero Santa Fe to acquire ...

Costa Rica to Establish Regulation Beneficial for PE/VC

February 11, 2010: As recently reported in La Nación, Costa Rica is working to establish a specific regulatory legal framework for the creation of private ...

Chilean Investment Firm Creates Renewable Energy Fund

February 10, 2010: Chile’s hydro-electric and bio-fuel projects may soon be getting a boost, as a newly formed private equity fund is looking to invest ...

LAVCA Member Darby Overseas to Raise $150 million for Colombia fund

February 10, 2010: Darby Overseas Investments Ltd, the private equity unit of Franklin Resources Inc., will finish raising the first $150 million this month for ...

More in: Other News, Fundraising

About Us

The Latin American Venture Capital Association (LAVCA) is a not-for-profit membership organization dedicated to supporting the growth of the private equity and venture capital industry in Latin America and the Caribbean.

LAVCA's mission--to spur regional economic growth by advancing venture capital and private equity investment--is accomplished through programs of research, networking, education, the promotion of best investment practices, and the advocacy of sound public policy. Programs are designed to support a range of factors critical to a vibrant VC industry – from fostering risk-taking by entrepreneurs and investors to information-sharing and appropriate policy environments.

For more information, visit www.lavca.org