Module 5 | Negotiating with Co-Investors August 2022
This training will highlight the context for co-investment opportunities, and how to effectively close deals with LP partners. Practitioners from GPs leading co-investments, LPs who are engaging in the process, and Funds of Funds will speak to their experience in negotiating and closing deals and discuss potential pitfalls.
This interactive session will:
Discuss how to select LP partners who would work well for your opportunity
Determine what LPs are looking for in co-investment and co-sponsorship discussions
Structure your pitch to effectively bring co-investors on board
Demonstrate how to coordinate with partners to close deals in a timely manner
Module 6 | Alternative Fund Structures: From Conception to Execution September 2022
In this training, practitioner faculty will address how to design and implement alternative fund structures such as continuation and evergreen funds.
Participants will hear from Mehdi Gharbi, who headed the formation and oversight of AfricInvest’s innovative FIVE Fund, a permanent evergreen vehicle, along with George Janssen from FMO who will provide a DFI perspective on their role in alternative structures. Mani Saluja, the Head of Funds at QuilInvest, will speak to the growing importance of continuation funds and secondaries in the market.
This interactive session will:
Discuss what is driving appetite for new fund structures, including continuation funds and evergreen funds, in global markets
Determine what structure is viable in different deal contexts
Explore financial sustainability mechanisms in the context of new fund structures
Discuss how GPs should work with LPs and DFIs on these structures
Provide guidance on how to structure management fees to meet both LP and GP expectations
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.
Save the Date: Member Reception During LAVCA Week 2022
LAVCA is excited to convene in person after a two-year hiatus and kick off LAVCA Week with a dynamic reception for LAVCA Members and Limited Partners hosted by Advent International. The Member Reception will take place on Tuesday, October 11 at Tribeca 360° from 6:00 pm - 9:00 pm EDT.
LAVCA Week 2022 will take place in person on October 12-14 at the Conrad New York Downtown in New York City.
The 2022 conference will convene LAVCA’s unparalleled network of private capital investors from across Latin America, the US, Asia and other global markets for a highly interactive experience, including networking and discussions on the latest trends in private equity, venture capital and other private capital strategies.
Participation is open to LAVCA members, non-member private capital investors and qualified institutional investors.
BNDES will invest a combined BRL2.5b in Brazil-based infrastructure funds managed by Vinci Partners, BTG Pactual, Kinea and Patria.Read more#Real Assets
IDB Invest provided a financing package to the Central Railroad Line Project in Uruguay consisting of a USD250m senior facility through a fixed rate B-bond. Read more#Real Assets#Private Credit
Grupo Mutual launched fundraising for two USD200m VC funds targeting investments in SMEs in Costa Rica. One of the funds will focus on companies in the tourism sector while the other will be sector-agnostic. Read more#PE
Seguros Unimed plans to launch a BRL1b real estate fund to accelerate the construction of new hospitals in Brazil.Read more#Real Assets
Meor will invest MXN1.45b for the development of three industrial parks in Mexico. Read more#Real Assets
Colombia-based proptech Habi secured a USD75m credit line from Triple Point Capital and others. Read more#VC
Patria acquired Brazil-based supermarket retailer Avenida for BRL300m. Read more#PE
Caatinga Capitalagreed to acquire a 70% stake in Nexti, a Brazil-based human capital management technology firm, for BRL170m. Read more#PE
Architect Capital provided USD25m in debt for Mexico-based motorcycle startup Ozon. 1984.vc, K50 Ventures, Bridge Partners, Angel Ventures, Magma Partners, Simma Capital, Adalberto Flores (Kueski) and José Velez (Bold)invested USD4m in seed funding. Read more#Private Credit
Bewater Ventures led a USD28m Series B for Revelo, a Brazil-based job matching platform, with participation from Dalus Capital, Valor Capital Group, IFC and FJ Labs.Read more#VC
Oria Capital led a ~USD20m Series B for Eureciclo, a Brazil-based recycling credit platform, with follow-on from Endeavor Scale-Up, Redpoint eventures and Rise Ventures. Read more#VC
CPP Investments- and Votorantim-backed Auren Energia acquired a 28.3% stake In Brazil-based AI analytics company Aquarela Inovação Tecnológica for an undisclosed amount. Read more#PE
Moova, an Argentina-based route optimization software for last-mile delivery, raised USD10m from Alaya Capital, FJ Labs, Wayra, MatterScale Ventures, Kalei Ventures, iThink VC, Parser Digital, Reflect Ventures, Murchinson VC, Insudpharma, Cosmen Family Office and Tasa Logistica.Read more#VC
Equitas Management Partners acquired Naviera Antártica, a provider of services for the salmon farming industry in Chile, for an undisclosed amount.Read more#PE
Valor Capital Group and MAYA Capital led a USD7.5m seed round for Clicampo, a Brazil-based operations and logistics management platform connecting rural producers with restaurants and retailers.Read more#VC
Lavoro, the agricultural arm of Pátria Investimentos, acquired an 85% stake in Brazil-based agricultural input distributors Casa Trevo and CATR from AZ Group for an undisclosed amount.Read more#PE
Grupo Financiero Galicia acquired a 15% stake in Argentina-based virtual wallet platform Agripay for an undisclosed amount. Read more#PE
Macquarie Mexico Infrastructure Fund sold its interest in the concession of Mexico-based Universidad Politécnica de San Luis Potosí to Bestinver for an undisclosed amount. Read more#PE
SPIC Brasil, a power generation company in Brazil, agreed to acquire a 70% stake in Marangatu and Panati-Sitia, two 738 MWp solar projects in Brazil, from Canadian Solar for an undisclosed amount. Read more#Real Assets
Henko Capital Partners acquired Revergy, a Spain-based engineering company providing services to the renewable energy sector with a presence in Chile, Mexico, Colombia and Brazil, for an undisclosed amount. Read more#Real Assets
