| | | LAVCA Report: 2023 Industry Data & Analysis LAVCA has released its 2023 Industry Data & Analysis with a complete PDF report that provides detailed insight into the fundraising, investment and exit activity among private capital funds investing in Latin America. Private Credit Insights from the Report Private credit reached new heights in 2022 and continues to be one of the fastest-growing asset classes in Latin America. Private credit investment in the region has increased 6 times over the last five years. With traditional banks tightening standards for lending, demand for alternative sources of debt financing has increased in Latin America. Infrastructure debt for transportation projects has also been a key driver of private credit growth. Since 2019, fund managers have deployed USD5.8b across 21 infrastructure debt deals in Latin America. An accompanying 2023 Industry Data Excel file with underlying data and expanded analysis from LAVCA Research is also available for download.
LAVCA at ColCapital’s VI Congreso LAVCA was pleased to participate at ColCapital's VI Congreso de Capital Privado y Capital Emprendedor de la Alianza del Pacífico, a prominent event in the private equity and venture capital in Colombia. LAVCA’s Executive Director Angela Maria Tarfur led a discussion on 7 March on the regional investment outlook during a panel entitled “Visión de los Inversionistas Internacionales”. LAVCA’s Director of Research Emanuel Hernandez shared insights on the latest industry trends from the recently released 2023 LAVCA Industry Data & Analysis and 2023 LAVCA Trends in Tech reports. | | TIM, a Brazil-based internet service provider, made a USD50m commitment to anchor Upload Ventures' new growth fund with a USD250m target to invest in 5G infrastructure in Latin America. Read more #VC Inversiones Atlántida acquired a 100% stake in Pacific Bank, a Panama-based general license bank. Read more #PE Lenus Capital Partners, a healthcare-focused investment group, acquired Colombia-based hospital Clínica Medicadiz. The financing of the acquisition was structured by Gramercy Funds Management with participation from Compass Group, which has backed Lenus since 2021. Read more #PrivateCredit EWA Capital reached a USD10m first close for its early stage Latin America-focused fund. The fund has a USD25m target. Read more #VC Banco Bradesco’s corporate venture arm invested BRL10m (~USD1.9m) in Brazil-based 4intelligence, a B2B predictive model automation platform. Read more #VC Rankmi, a Chile-based employee recruitment and performance management platform, raised a Series A led by SoftBank Latin America and merged with Osmos, a Mexico-based payroll provider, in transactions worth a combined total of USD48m. Read more #VC Mexican lending platform Konfío secured a ~USD28m credit line extension from Goldman Sachs and Gramercy. Read more #PrivateCredit Mattilda, a Mexico-based finance management and tuition collection platform for private schools, secured a credit line for up to USD10m from Addem Capital. Read more #PrivateCredit Marco Financial, a Miami-based lending platform for Latin American SMEs conducting international trade, raised a USD8m round led by Arcadia Funds and secured a USD200m credit facility from MidCap Financial Investment and Castlelake. Read more #VC Chinese investor CY Capital invested BRL40m (~USD8m) in aMORA, a Brazil-based rent-to-own residential real estate platform. Read more #VC SRM Ventures, the CVC arm of Brazilian asset manager SRM, invested BRL35m (~USD7m) in Blipay, a Brazil-based payroll advancement platform. Read more #VC Igah Ventures led a BRL20m (~USD4m) Series A for Dattos, a Brazil-based financial analytics platform, with participation from ABSeed Ventures, Investtech and GR8 Ventures. Read more #VC | | Upcoming Events & Trainings | LAVCA Research + Directories | | | |
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