Latin America PEVC Update, 5 July 2016

Published by the Latin American Private Equity & Venture Capital Association.
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Announcements

LAVCA Week: Priority Registration Now Open for Members and LPs

LAVCA Week priority registration is now open for LAVCA Members and LPs. The LAVCA Summit & Investor Roundtable (PE program) will be held at the Metropolitan Club. The LAVCA Venture Investors NY Summit will take place at the Tribeca Rooftop.

Download the LAVCA Summit Highlights Book to learn more about last year's program.

General registration will open in the coming weeks.

CALL FOR ENTRY: LAVCA PE Deal Book & Award

LAVCA GP Member firms are invited to participate in The Latin American Private Equity Deal Book & ESG Cases CALL FOR SUBMISSION. The first and second editions were produced in 2014 and 2015 in response to demand from LPs for specific examples of private equity case studies.

Again this year, LAVCA and EY are partnering on a series of PRIVATE EQUITY DEAL & ESG AWARDS to bring recognition to fund managers with successful deal cases in Latin America. Open exclusively to LAVCA Members, any firm who submits a case study to be published in the Deal Book will automatically be considered for the award.

Please complete the ONLINE SUBMISSION FORM. A PDF submission form can be sent to fund managers upon request. Questions can be directed to Natalia Valencia.

QPrize: LATAM Competition

QPrizeâ¢, Qualcomm Ventures’ seed investment competition, is now accepting applications from entrepreneurs and startups that have innovative ideas that can significantly impact the wireless ecosystem in Latin America.

In 2016, QPrize Latin America is being co-sponsored by KaszeK Ventures. Qualcomm Ventures and KaszeK will select up to five finalists from the region to compete in a finals competition whereby the winner will receive US$350,000 in convertible note funding.

Deadline for submissions is July 10, 2016.

More information available here. Submit a proposal. The final competition will be held in Buenos Aires on August 11, 2016.

Partner & Industry Events

2016 ABVCAP Congress
ABVCAP
July 6-7, 2016
Rio de Janeiro, Brazil

FINNOSUMMIT*
Finnovista
September 20, 2016
Mexico City, Mexico

8th Annual Women’s Alternative Investment Summit
Hosted by Falk Marques Group
November 3 - 4, 2016
The Pierre, New York City

*LAVCA Members receive a discount on select events. For information on member discounts, contact Caitlin Mitchell

Latest Industry News
Private Equity

Tribeca to Exit Petrolatina for US$264m, 620% Return Expected

(Press Release) Colombian private equity fund manager Tribeca Asset Management announced it has reached an agreement for the sale of its 50.2% stake in Petrolatina Energy, PELE, to Canadian E&P company Gran Tierra Energy, GTE, for a total cash consideration of US$264m. Read full story Â»

Advent's GTM acquires High Chem Specialties in Mexico

(Press Release) Advent's portfolio company GTM, a chemical distributor in Latin America, announced that it has agreed to acquire a majority ownership interest in High Chem Specialties in Mexico, a distributor of specialty chemicals that primarily serves the domestic Mexican market. Read full story Â»

Carlyle Peru Invests in Tourist Operator Inca Rail

(PEHub) Carlyle Group invested in the Inca Rail, a tourist train operator. Carlyle invested from the Carlyle Peru Fund, with Carlyle South America Buyout Fund. The firm partnered with current shareholders, the Forsyth family, and Inca Rail’s management. Read full story Â»

Aqua Capital Buys 60% of Rural Brasil (em portuguÃªs)

(Valor EconÃ´mico) Aqua Capital has acquired a controlling stake in Rural Brasil, a Brazilian supply provider that services agribusiness companies. Read full story Â»

Gerbera Capital to Co-Invest with Mexplorer Venture Real Estate (en espaÃ±ol)

Gerbera Capital Real Estate Fund agreed to complete a co-investment with Mexplorer Venture Real Estate Investment Fund in a series of development projects in partnership with Be Grand in Mexico City. Read full story Â»

Odebrecht Sells 57% Stake in Rutas de Lima to Brookfield and Sigma Safi for Up to R$1.5b (en espaÃ±ol)

(SEMANAeconÃ³mica) Brookfield has acquired a 57% stake, and Sigma Safi an 18% stake, in Rutas de Lima, a subsidiary of Brazilian engineering conglomerate Odebrecht, for an estimated R$1.3b to R$1.5b. Read full story Â»

Venture Capital

Monsanto, Microsoft & Qualcomm to Invest in Brazil Agriculture Tech Startups

(Fortune) U.S. biotech company Monsanto announced a partnership with Microsoft to invest in agricultural technology startups in Brazil via a new Brazilian investment fund. Qualcomm is also investing in the fund. Read full story Â»

Vinci Parnters Targeting Technology & Innovation with US$100m Fund (em portuguÃªs)

(Valor EconÃ´mico) Vinci Partners is targeting US$100m in commitments for its debut VC fund, which will make both direct and indirect investments in technology startups in USA, Europe, Israel, and Brazil. Read full story Â»

Movile Raises US$40m from Naspers and Innova Capital

(Press Release) Movile, a LatAm mobile commerce platform, announced it has raised US$40m in Series F funding from Naspers through its Naspers Ventures division with participation from Innova Capital. Read full story Â»

PenÃnsula ParticipaÃ§Ãµes Aquires a Minority Stake in Wine.com.br (em portuguÃªs)

(EXAME) PenÃnsula ParticipaÃ§Ãµes has acquired a minority stake in online wine retailer Wine.com.br, which is controlled by e.Bricks Digital. Abilio Diniz was named as a new partner in the firm. Read full story Â»

Contact Us

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New York, New York, 10018
+1 646.315.6735

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