Private Capital Update - January 12, 2022                                Email not displaying correctly?
View it in your browser.



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, Implementing Effective ESG Practices will impart practical and actionable insights on:
  • How GPs can effectively communicate ESG efforts and successes to LPs
  • What type of information should be collected from portfolio companies
  • How to design ESG systems that will meet future demands
  • How to resource and staff an effective ESG function
Highlighted Practitioner Faculty Include: 
  • Dr. Bettina Boekle, Senior Sustainability Manager, DEG Invest
  • Michael Octoman, Senior Partner and Chief Operating Officer, Navis Capital
  • Sanjay Gujral, Chief Business Officer, The Everstone Group 
LAVCA members are invited to register at the discounted rate.

For any questions, contact education@lavca.org


 



 

Linzor Capital Partners | Mundo

Latin American Private Capital ESG Deal Awards

#Deal Case

LAVCA's 2021 Latin American Private Capital ESG Deal Awards awarded Linzor Capital Partners a 2021 Social Responsibility Award for their investment in Mundo, a Chile-based fiber-to-the-home network provider.

Mundo’s low-cost fiber optic broadband services increase the accessibility of fast and reliable internet connections for underserved populations. The company’s services are priced 15-20% below its peers which has pressured large telecom operators to upgrade their technologies and reduce prices.

Since Linzor’s investment in 2019, Mundo has implemented an ambitious fiber deployment plan and nearly tripled the size of its network, reaching 2.8 million homes and 624,000 subscribers 


 

Top/Emerging Women Investors

#Gender Diversity

In an effort to raise the visibility of women in venture, LAVCA published an updated annual list of the Top Women Investors in Latin American Tech, and our fourth annual list of Emerging Women Investors in Latin American Tech.

The 117 investors featured in the Top Women list and the 115 investors featured in the Emerging Women list in 2021 represent a 15% and 21% increase, respectively, over 2020.

LAVCA’s gender diversity content is made possible with support from IDB Lab, member of the IDB Group. This year’s lists were composed in collaboration with WeInvest Latam.
 


​​
 Prisma Capital reached a USD650m final close forPrisma Capital Solutions II, a special situations vehicle. Read more #Private Equity

 Mubadala Capital reached a USD311m final close for its Brazil-specific fund focused on distressed assets. Read more #Private Equity

 Wellington Management led a USD186m Series E for Brazil-based marketplace aggregator olist at a reported USD1.5b valuation, with participation from Valor Capital Group, SoftBank, Corton Capital, Globo Ventures, Goldman Sachs and angel Kevin Efrusy. Read more #Venture Capital

 Vinci Partners acquired Brazil-based port terminal Porto Pontal from JCR Group for an undisclosed amount. Txphe fund plans to invest BRL3b (~USD526m) in the project. Read more #Real Asset

 SPS Capital reached a BRL1b first close for its third fund focused on special situations. Read more #Private Equity

 SoftBank led a USD127m round for Brazil-based healthcare provider Alice, with participation from G Squared, Globo Ventures, StepStone and Allen & Co, and follow-on from KASZEK and ThornTree Capital Partners. Read more #Venture Capital

 GIC led a USD80m round for ADDI, a Colombian point-of-sale lending platform, with participation from SoftBank. Read more #Venture Capital

Generate Capital invested BRL403m (~USD71.4m) in Conasa Infraestructura, an owner and operator of concessions in water, wastewater sanitation, highway and public lighting across Brazil. Read more #Real Asset

 XP Asset Management, in partnership with One7, Acqio and BNDES, launched a BRL400m credit fund to offer capital to Brazil-based MSMEs affected by the pandemic. Read more #Private Equity

 MetaMap (formerly Mati), a Mexico-based identity and payments verification platform, raised a USD70m Series B from Alameda Research, Tribe Capital and Craft VenturesRead more #Venture Capital

 Advent International and Softbank led a USD60m Series B+ for Merama, a Mexico- and Brazil-based e-commerce brand aggregator, at a reported USD1.2b valuation. Read more #Venture Capital

 Prosus Ventures led a USD60m Series B for Colombia-based edtech Platzi, with follow-on from Foundation Capital, Y Combinator, 500 Global, FJ Labs, FundersClub, and Hans Tung (GGV) and Darian Shirazi (Gradient). Read more #Venture Capital

 Tiger Global led a USD60m Series B for Nowports, a Mexico-based automated freight platform, with participation from SoftBank Latin America and DST Global, and follow-on from monashees, Mouro Capital, Base10 Partners, Broadhaven Ventures and Foundation Capital. Read more #Venture Capital


 Riverwood Capital led a ~USD52m Series B for Arquivei, a Brazilian fiscal management platform, with participation from NXTP, Endeavor Catalyst, Constellation and IFC. monashees led a ~USD2m seed round in 2016. Read more #Venture Capital

 AINDA invested USD38m in Neology, a Mexico-based integrated smart mobility solutions company.​ Read more #Private Equity 

 Ambar, a Brazil-based real estate developer providing digitization services for construction projects, raised a ~USD36m Series C led by Echo Capital, the VC fund of Guilherme Weege (Malwee), and Oria Capital, with participation from TPG Capital and Argonautic Ventures. Read more #Venture Capital

 ALLVP and Infinity Ventures led a USD35m equity and debt round for Mendel, a Mexic0-based corporate spend management platform. Read more #Venture Capital


 GSS Inmobiliario I reached a USD29.7m final close. The fund will invest in new residential development projects in Argentina. Read more #Venture Capital

Valor Capital Group and JAM Fund led a ~USD24.3m Series A for Conta Simples, a Brazil-based finance management platform enabling SMEs to issue corporate cards to manage supplier payments, with participation from Base10, and follow-on from YC, Big Bets and Quartz. Read more #Venture Capital

 monashees and Valor Capital Group led a USD20m Series A for BHub, a Brazil-based accounting and financial management platform for SMEs, with follow-on from QED Investors, Clocktower Technology Ventures and Picus Capital. 
Read more #Venture Capital


 Axxon Partners invested over BRL100m for a minority stake in JA Saúde Animal, a Brazil-based veterinary pharmaceutical company. Read more #Private Equity

 DILA Capital and ALIVE Ventures led a USD14m Series A for Slang, a US-based edtech focused on career development, with participation from Salesforce Ventures, Roble Ventures, and IDB Lab. ALLVP and InQlab invested ~USD2.5m in 2019.
 Read more #Venture Capital


 KASZEK led a USD13.2m round for Draftea, a Mexican fantasy sports league platform, with participation from Sequoia, Bullpen and angel Nigel Eccles (FanDuel). 
Read more #Venture Capital


 Blue like an Orange Sustainable Capital invested BRL60m in Rede Decisão, a K-12 platform focused on affordable schools in Brazil. Read more #Private Equity

 Volpe Capital led a ~USD5m Series A for Atlas Governance, a Brazil-based software platform for corporate governance management. 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

 Alta Growth Capital and Fondo de Fondos acquired 100% of Interquim, a Mexico-based producer of active pharmaceutical ingredients. Read more #Private Equity


 Silver Lake acquired 100% of Grupo BC, a mortgage management, legal and digital services provider to the financial sector in Iberia and Latin America, from L-GAM for an undisclosed amount. Read more #Private Equity

 Topaz, the financial solutions arm of Grupo Stefanini, acquired a majority stake in Cobiscorp, a US-based, Ecuador-founded banking software company with a substantial customer base in Latin America, 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

Copyright © 2022, All rights reserved.

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