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LAVCA Week 2023
#LAVCAEvents

Registration is open for LAVCA Week 2023 taking place on 10-13 October at the Conrad New York Downtown in New York City.

 

Featured Speakers




David Flannery
Senior Managing Director
Vista Credit Partners


Gina Sanchez
Chair of Board of Investments Trustees
Los Angeles County Employee Retirement Association (LACERA) Board of Investments

Danielle Montgomery
Vice President & Co-Head for the Office of Structured Finance & Insurance
U.S. International Development Finance Corporation (DFC)


Marcelo Claure
Founder & CEO
Claure Group



 
 

Agenda at a Glance
 
 
TUESDAY
10 October
Welcome Reception for LAVCA Members hosted by Advent International  
  WEDNESDAY
11 October
LAVCA Week & Reception hosted by Vista Equity Partners  
  THURSDAY
12 October
LAVCA Week & Tech Reception hosted by KASZEKRiverwood Capital  
  FRIDAY
13 October

 
LAVCA Week Breakout Sessions  
 

Registration is open to LAVCA Members, qualified institutional investors and non-member private capital investors, subject to approval.

LAVCA Members have access to special early bird rates through 31 August 2023.

 

 



Mercado Libre and DILA Capital | Elenas
#DealCases



In June 2022, DILA Capital led a USD20m Series B for Elenas, a social commerce platform that empowers micro-entrepreneurs in Colombia and Mexico to launch online businesses by selling products on social media sites.

With DILA Capital's support, Elenas has been focused on enhancing unit economics, expanding in Mexico and refining its technology platform to support projected growth. The company has over 200,000 active sellers, out of which 95% are estimated to be women. Approximately 47% of sellers created a bank account for the first time after joining the network, further promoting the inclusion of underbanked women in Latin America. 

Elenas was nominated for a deal case highlight by LAVCA Member Mercado Libre.



 IDB Invest partnered with Global Affairs Canada and BlueOrchard, to launch a USD200m private debt fund to invest in SMEs with a gender, diversity and inclusion focus in Latin America and the Caribbean. Read more. #PrivateCredit

 tria Investments invested BRL620m (~USD127.2m) in Grupo Elfa, a Brazil-based hospital equipment and drug distribution company. This is Patria’s second investment in Grupo Elfa this year after an initial BRL253m (~USD50.6m) investment in January. Read more. #PE

 Pátria Investments and Temasek agreed to partially exit Hidrovias do Brasil, an integrated logistics solutions company focused on waterway transportation, through a BRL444m (~USD91m) secondary offering sale. Read more. #PE

 Riverwood Capital led a USD35m round for InvGate, a US- and Argentina-based IT infrastructure management platform for corporates, with participation from Endeavor Catalyst. This is InvGate’s first institutional round of funding since its founding in 2009. Read more. #VC

 GSV Ventures led a USD19m Series A for mattilda, a Mexican finance management and tuition collection platform, with follow-on from FinTech Collective and DILA Capital. Addem Capital provided a credit line of up to USD10m in February; FinTech Collective led a USD10m seed round in November 2022. Read more. #VC

 Foodology, a Colombia-based dark kitchen operator, raised a USD17m round with participation from 30N Ventures and follow-on from Andreessen Horowitz and Chimera. Read more. #VC

 Peruvian FoF COFIDE made a USD3m commitment to Alaya Capital III, Alaya Capital’s third flagship fund with a USD50m target to invest in early-stage startups across Spanish-speaking Latin America. Read more. #VC

 UK-based asset manager Ashmore acquired Concesionaria Ruta Bogota Norte, a Colombia-based construction, financing and maintenance company for infrastructure project Accesos Norte Fase II, from OHLA and Termotécnia Coindustrial. Read more. #RealAssets

 Sumitomo Mitsui Banking Corporation and LarrainVial reached an undisclosed first close on their infrastructure and renewable energy debt fund in Colombia. The Colombian peso-denominated fund has a target size of ~USD200m. Read more. #RealAssets

 Grupo Ransa, a Peru-based logistics operator backed by HIG Capital, merged with Transportes Centroamericanos del Futuro, a land freight transportation, storage and container repair services provider for major shipping lines across Central America. Read more. #PE

 Starboard acquired a 38% stake in Gasbol, a Brazil and Bolivia-based gas pipeline, facilitating an exit for EIG Energy. Read more. #RealAssets

 Aqua Capital agreed to exit YesSinergy Agroindustrial, a Brazil-based animal feed additives producer, through a sale to Olmix Group. Read more. #PE

 

Upcoming Events & Trainings

 
13-14
SEP
Brazil Climate Summit
The Forum at Colombia University
Please contact parternships@gpcapital.org for more information.
10-13
OCT
LAVCA Week 2023 
Conrad New York Downtown, New York, NY
Hosted by LAVCA

LAVCA Research + Directories

Copyright © 2023, All rights reserved.

 
The Association for Private Capital 
Investment in Latin America
589 8th Avenue, 18th Floor
New York, NY 10018