LAVCA is pleased to announce the winners of the Ninth Annual ESG Deal Awards, showcasing outstanding private capital investments in Latin America, specifically targeting environmental responsibility, social impact, gender and diversity, innovation, better tech and private capital deal of the year. Congratulations to the following winners:
2023 Environmental Responsibility Award: IG4 for its investment in Iguá.
Winners were selected from among deals submitted by LAVCA Member firms through a rigorous evaluation process by a distinguished panel of institutional investors comprised of development finance institutions, pension funds and funds of funds.
Virtual Training | Increasing Participation of Women in Private Capital 27 June 2023 | 8:30-10:00 am ET #InsidePrivateCapital
“Increasing Participation of Women in Private Capital” will feature key industry players who are laying the groundwork for organizational change in their firms, and provide practical first hand insights about how to attract more women and support their career progression.
Shami Nissan
Partner, Sustainability
Actis
Neil Brown
Partner, Head of Investor Development Group
Actis
Roshini Bakshi Managing Director Private Equity Everstone Capital
Additional speakers to be announced
The Inside Private Capital series is available to LAVCA Members, GPCA Members and guests of DEG and FMO at no cost. Non-members may contact education@lavca.org to express interest and will be considered on a space-permitting basis.
QEDInvestors raised USD925m in final closings for its early- and late-stage funds to invest in fintech companies in Latin America, India, Southeast Asia, Africa, the US and the UK. QED’s Fund VIII (early-stage) and Growth II (late-stage) will deploy USD650m and USD275m of capital commitments, respectively. Read more.#VC
IFC made a BRL780m (~USD156m) anchor commitment in Patria Infra FIDC, Patria Investimentos’ infrastructure debt fund with a BRL5b (~USD1b) target to invest in digital infrastructure, renewable energy, waste management, and water and sanitation. Read more.#RealAssets
R2, a Mexico-based embedded lending infrastructure company, closed a USD100m warehouse facility from Community Investment Management. Read more. #VC
Goldman Sachs Asset Management led a ~USD60m round for Digibee, a Brazilian digital integration manager for SMEs, with participation from Vivo Ventures, the growth fund anchored by Telefonica, and Leadwind, the growth vehicle from European VC K Fund. Read more. #VC
Niya Partners and Tribe Capital led a USD20m Series A for Kapital, a Mexican finance management platform for SMEs, with participation from Broom Ventures, FoundersX, True Capital Management, Pioneer Fund, Kube VC, MyAsia VC and angel Arash Ferdowshi (Dropbox). Kapital also secured a USD45m debt facility from Accial Capital as part of the round. Read more. #VC
GEF Capital, a US-based private equity and sustainability investor formed by a spinoff from Global Environment Fund, acquired a ~35% stake in Lar Plásticos, a Brazil-based plastics recycling platform and resin products manufacturer. Read more. #PE
Vinci Partners and Jive Investments acquired stakes in Enauta, a Brazil-based oil and natural gas products exploration company. Vinci acquired a 2.84% stake, while Jive acquired a 15.5% stake. Read more.#PrivateCredit
DataMilk, a Brazilian design optimization platform for e-commerce sites, raised a USD8m Series A from Big Bets, RTP Global, Angel Invest and others. Read more. #VC
Carao Ventures and Intoku Health led a USD5.5m pre-Series A for Huli, a Costa Rican patient care automation platform for medical professionals. Read more. #VC
BlackRock, through its Global Renewable Power Fund III, acquired a Chile-based 97-MWp distributed solar project portfolio. Read more.#RealAssets
GEF Capital Partners acquired a 30% stake in B&F, a Brazilian distributor of water and gas residue treatment equipment. Read more. #PE
TLGManagement Partners sold its stake in Uruguay-based farmland property EstanciaVilla Lucero via a secondary sale. TLG Management Partners first invested in the property in 2018. Read more. #RealAssets
Partners Group-backed renewable energy operator EnfraGen acquired three renewable power facilities in Panama and Costa Rica from Colombia-based electricity company Grupo Argos: Dos Mares Hydro Complex (hydro), Prudencia and Divisa (solar), and Guanacaste Wind Farm (wind). Read more. #RealAssets
BTG Pactual agreed to acquire a minority stake in Systemica, a Brazil-based carbon projects developer focused on reducing greenhouse gas emissions. Read more. #PE
QED Investors raised USD925m in final closings for its early- and late-stage funds to invest in fintech companies in Latin America, India, Southeast Asia, Africa, the US and the UK. QED’s Fund VIII (early-stage) and Growth II (late-stage) will deploy USD650m and USD275m of capital commitments, respectively. Read more. #VC
