◼︎ IDB Invest announced a USD1b contribution from the Japan International Cooperation Agency (JICA) to create the JICA Trust Fund Achieving Development of Latin America and the Caribbean, aiming to co-finance projects that drive sustainable growth. #RealAssets
◼︎ XP Private Equity invested BRL250m (USD45.6m) in DUX Company, a Brazil-based supplements and food products company. #PE
◼︎ Climate Fund Managers invested USD85.2m for the construction of two renewable energy projects in Colombia, a 132GWh hydropower plant in Antioquia and a 43.1 GWh solar power plant in Santander. #RealAssets
◼︎ BOCEL Private Equity reached a USD80m first close for its second fund, focused on mid-sized companies with a presence in Mexico and the US. #PE
◼︎ Lever VC raised USD50m for its second fund focused on the agrifood sector. #VC
◼︎ HIG Capital agreed to acquirethe Latin American assets of Kantar Media,a UK-based media company. #PE
◼︎ Alice, a Brazil-based corporate insurance operator, raised a BRL127m (~USD21.9m) Series C+ from KASZEK, Canary, ThornTree Capital Partners and Globo Ventures. #VC
◼︎ ArtCap Strategies provided a USD20m senior loan to Comfrut, a Chile-based frozen fruit exporter. #PrivateCredit
◼︎ ACON Investments exited Vitalis, a Colombia-based manufacturer of injectable pharmaceutical products, via sale to Laboratorios Sanfer, a Mexico-based pharmaceutical company. #PE
◼︎ Southern Cross Group agreed to exit ATRIA, a Latin America-based port services and river transportation group, via sale to Rocktree Logistics Group, a global infrastructure service provider. #PE
◼︎ PEI Asset Management exited a Colombia-based logistics asset for COP80b (~USD19.4m). #RealAssets