Private Capital Update - January 26, 2022                                Email not displaying correctly?
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LAVCA Announces Three New Board Directors

#LAVCA Board

 
LAVCA is delighted to welcome three new Directors to the Board:
  • Johanna G. Posada, Founder and Managing Partner at Elevar Equity;
  • Bruno Zaremba, Head of Private Equity and Investor Relations at Vinci Partners;
  • Tania Chocolat, Managing Director, Global Leadership Team and Head of São Paulo Office, Head of Direct Equity Investments, Latin America at CPP Investments.
“I am proud to welcome Johanna, Tania and Bruno to the Board. Johanna has been at the forefront of VC impact and innovation across Latin America and India for the last two decades, Tania is a proven leader in the direct equity investment space in our region, and Bruno has demonstrated his very deep knowledge of the Brazilian private equity space. They will all be best-in-class additions to the LAVCA Board.” - LAVCA Chair Nicolás Szekasy, Co-Founder & Managing Partner of KASZEK.


 


LAVCA Executive Director

LAVCA | New York, NY

 
LAVCA, an independent non-profit organization influencing investors that have committed over USD120b to companies, projects and startups in Latin America over the last decade, is seeking an Executive Director.

United by a long-term investment approach, over 200 LAVCA member firms are active across private equity, venture capital, private credit, infrastructure and other strategies. With the support of its Board of Directors, LAVCA’s mission is to connect and influence key market participants, promoting the sectors, strategies and deals that will drive investment returns and meet societal needs. A cornerstone of LAVCA’s work is generating proprietary data, intelligence and deal cases to drive transparency and showcase Latin America as a hub of innovation.

The Executive Director will lead the organization through a period of new expansion. This is a full-time position based at LAVCA’s headquarters in New York City. Enquire at opportunities@lavca.org.
 


Implementing Effective ESG Practices

Tuesday, February 15, 2022 | 8:00 am-10:30 am ET

#Executive Education

 
Please join us for Implementing Effective ESG Practices, the next module in the Inside Private Capital executive education series on February 15 from 8:00-10:30am ET.

Featuring speakers from both DFIs and GPs at the forefront of ESG reporting, sessions will delve into what ESG information can be collected, how GPs can work to design systems that will meet future demands, and how to resource and staff an effective ESG function. 
  • Session 1: Consolidating and Communicating ESG Information 
  • Session 2: Designing and Resourcing an Effective ESG Reporting Structure 
Highlighted Practitioner Faculty Include: 
  • Michael Octoman, Senior Partner and Chief Operating Officer, Navis Capital
  • Dr. Bettina Boekle, Senior Sustainability Manager, DEG Invest
  • Sanjay Gujral, Chief Business Officer, The Everstone Group
  • Hoda Abou-Jamra, Founding Partner and Asia Managing Director, TVM Capital Healthcare
  • Monika Schlesinger, ESG Officer, TVM Capital Healthcare 
LAVCA members are invited to register at the discounted rate.

​​​​​​Inside Private Capital is made possible through support from DEG and FMO. For any questions, contact education@lavca.org
 

 

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 Patria Investments agreed to acquire nine hydro power plants in Brazil for USD1.73b from Kani Lux Holdings, a subsidiary of ContourGlobal. Read more #Real Assets

 Fidelity Management led a USD260m Series F for Brazil-based fintech Creditas at a reported USD4.8b valuation, with participation from Spanish investors Actyus and Greentrail Capital, and follow-on from KASZEK, QED Investors, SoftBank Vision Fund, SoftBank Latin America, Lightrock, Headline, Wellington Management and Sunley House Capital. Read more #Venture Capital

 Global Infrastructure Partners (GIP) invested USD175m in the form of a senior secured term loan in Group Energy Gas Panama to finance the acquisition and construction of a 670 MW gas-fired power plant in Panama. Read more #Real Assets

 Liberty Strategic Capital agreed to invest USD150m in Argentina-based spacetech Satellogic. In July Satellogic announced a merger with CF Acquisition Corp. V, a SPAC formed by Cantor Fitzgerald. Read more #Private Equity

 Xepelin, a Chilean accounts receivable-based lending platform for SMEs, secured USD80m in debt from Community Investment ManagementRead more #Venture Capital

 SoftBank led a USD48m Series B for Laika, a Colombia-based e-commerce platform for pet goods and services, with participation from Delivery Hero, JAM Fund and FJ Labs, and angels Carlos Garcia (Kavak), Emil Michael (Uber) and Pedro Garay (GBM). 
Read more #Venture Capital

 SoftBank led a ~USD40m Series A for TerraMagna, a Brazil-based agtech platform providing working capital for farmers, with participation from Shift Capital and Brazilian credit investor Milenio Capital, and follow on from Canary, The Yield Lab, MAYA Capital, ONEVC and Accion Venture Lab. Read more #Venture Capital

 D1 Capital led a ~USD36m Series A for Rei do Pitaco, a Brazil-based fantasy sports and gaming platform, with participation from Left Lane Capital and Globo Ventures, and follow-on from KASZEK and Bullpen Capital. Read more #Venture Capital


 IFC led a USD30m financing round for Brazil-based data center Odata, with participation from Itaú BBA and Sumitomo Mitsui Banking Corporation. 
Read more 
#Private Equity

 Riverwood Capital led a USD25m Series B for Ubits, a Colombia-based corporate training platform with operations in Colombia and Mexico. Read more #Venture Capital

 Dalus Capital and JAM Fund led a USD22.5m Series A for Calii, a Mexico-based grocery delivery platform connecting producers with end customers through a microfulfillment model, with participation from Base10 Partners, Forerunner Ventures, Streamlined Ventures and YC. Read more #Venture Capital

 Continental Grain Company invested an undisclosed amount in Agroberries, a Chile-headquartered producer, marketer and global distributor of fresh berries. 
Read more #Private Equity

 TreeCorp Investimentos agreed to invest BRL100m for a minority stake in Brazil-based luxury brand Tânia Bulhões. Read more #Private Equity

 Movile led a ~USD16.3m Series B for a55, a Brazilian revenue-based lender and payment integration platform focused on SMEs in Brazil and Mexico, with follow-on from Mouro Capital. Read more #Venture Capital

 Valor Capital Group led a ~USD16m Series A for Agrolend, a Brazil-based unsecured credit platform for small crop farmers, with follow-on from SP Ventures, Barn Investimentos, Provence Ventures and Continental Grain Company. 
Read more #Venture Capital


DILA Capital and Kayyak Ventures led a USD15m Series A for Fairplay, a Mexican revenue-based financing platform for D2C e-commerce brands and marketplaces, with participation from Elevar Equity and Speedinvest. Read more #Venture Capital

 POAP, an Argentina-based NFT platform for commemorating events and special gatherings, raised USD10m from Libertus Capital, Archetype, Sapphire Sport and Delphi Capital. Read more #Venture Capital


 US-based proptech Blueground led a ~USD8m Series A for Tabas, a Brazilian short-term apartment rental marketplace, with participation from Echo Capital. 
Read more #Venture Capital


 Astella Investimentos led a ~USD4.6m seed round for Gavea, a Brazilian blockchain-based commodity trading platform, with participation from 2TM Ventures, Mercado Bitcoin’s parent company CVC fund, and an undisclosed family office. 
Read more #Venture Capital


 Canary and MAYA Capital led a USD3.6m pre-seed round for Nana Delivery, a Brazil-based last-mile delivery platform operating through a dark store distribution network, with participation from UK-based VC Presight. Read more #Venture Capital

 Astella Investimentos and SoftBank led a ~USD3m seed round for BotCity, a Brazil-based automation platform for software-enabled robotic systems, with participation from Alexia Ventures and Norte Ventures. Read more #Venture Capital

 Equitas Management Partners acquired 90% of Mostos del Pacifico, a Chile-based producer of grape juice, grape juice concentrate and bulk wine, for an undisclosed amount. Read more #Private Equity

TMF Group, a provider of global administrative services, acquired Paraty Capital, a Brazil-based fund administration platform which focuses on private equity, infrastructure, venture capital and private debt funds, for an undisclosed amount. 
Read more #Private Equity

Upcoming Events & Trainings

15
FEB
Implementing Effective ESG Practices
Virtual training
Hosted by LAVCA & GPCA
4-6
APR
GPC Conference 
Conrad Downtown New York, NY
Hosted by GPCA in partnership with IFC
12-14
OCT
LAVCA Week 
New York, NY
Hosted by LAVCA

LAVCA Research + Directories

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The Association for Private Capital 
Investment in Latin America
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New York, NY 10018