◼︎ FINSA, an industrial park developer, reached a USD340m first close for FINSA V Investment Fund. The fund has a USD600m target to invest in industrial real estate developments catering to the automotive, manufacturing, electronics, logistics and pharmaceutical industries in Mexico. #RealAssets ◼︎ Alternative asset manager GLP Capital Partners sold its 12 logistics assets in Brazil for BRL1.5b (~USD304.2m). #RealAssets ◼︎ SIGMA SAFI fully exited its stake in two solar parks located in Peru via a sale to Luz del Sur SAA for USD170m. #RealAssets ◼︎ Oriz Partners raised BRL242m (~USD49m) for its inaugural land fund focused on the agri-environmental sector. The fund targets to reach BRL2b (~USD405m) by the end of the year. #RealAssets ◼︎ Riverwood Capital invested ~USD33m in Amigo Tech, a Brazil-based software startup digital accounting and backend management platform for clinics and doctors. #VC ◼︎ Bessemer Venture Partners led a BRL155m (~USD31m Series B) for Incognia, a Brazil-based geolocation data platform for credit origination, with participation from FJ Labs and follow-on from Valor Capital Group, Prosus Ventures, Point72 Ventures and Unbox Capital. #VC ◼︎ Banco do Brasil led a USD20m round for Traive, a Brazilian lending platform for agricultural producers. #VC ◼︎ Impact investor Blue Earth Capital provided USD20m in debt financing for Bayport Colombia, a financial institution specializing in personal credit and insurance for underserved communities. #PE ◼︎ Advent InternationalexitedSophos Solutions, a Colombia-based digital banking platform, through a sale to GFT Technologies, a multinational developer of IT solutions for digital transformation in the finance, insurance and manufacturing industries. #PE ◼︎ KKRacquired ~1,100 wireless communications towers from Tigo Colombia, a subsidiary of telco services provider Millicom. KKR will lease the communication tower assets back to Tigo Colombia post-close. #RealAssets ◼︎ Spectra Investmentsinvested in UCB, a Brazil-based energy storage and battery manufacturing solutions company. #PE ◼︎ Advanced Asset Managementfully acquiredJewel Punta Cana, a Dominican Republic-based operator of all-inclusive resorts. #RealAssets ◼︎ BTG Pactuallaunched its Energy Opportunities fund focused on distributed electricity generation projects in Brazil. The fund has a BRL400m (~USD81m) target. #RealAssets
◼︎ Phage Labs, a Chilean biotech developing alternative disease treatments to control cattle sickness, raised a USD11m round from NAZCA, Collaborative Fund, Water Lemon Ventures and Kevin Efrusy (Accel). #VC ◼︎ Bradesco led a ~USD7m round for Tenchi, a Brazilian cloud computing platform, with participation from L4 Venture of B3 and Accenture, with follow-on from ONEVC, MAYA Capital and Kinea Investimentos. #VC ◼︎ Bessemer Venture Partners sold its 5.38% stake in Brazil-based online marketplace Enjoei to Sao Pedro Capital. #PE |