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Category: Latin America

Brazil’s indigenous people demand action from Fink

The Association of Brazil’s Indigenous Peoples has written an open letter to BlackRock’s CEO Larry Fink, who is expected to publish his annual letter to stakeholders this week. Apib wants BlackRock to end what it

Mexico diversifies as Taiwanese investors jump into Formosa

Mexico reopened the international bond market for EM borrowers on Monday as it issued the first Formosa bond ever from a Latin American sovereign is response to interest from Asian investors.

Mexico launches 50 year Formosa to reopen Lat Am

Mexico returned to familiar territory by becoming the first Latin American borrower of the year to issue bonds on Monday. The format, however, was less familiar, as the 50 year SEC-registered $3bn bond — launched

H.I.G. Capital invests in KM2 Solutions

An affiliate of leading alternative investment firm H.I.G. Capital has made an equity investment in KM2 Solutions, a business process outsourcing provider with an extensive footprint throughout the Caribbean and Latin America. Through the deal,

Mexican challenger bank albo gets $45m of venture capital funding

Mexican challenger bank albo has secured $45m of VC funding amid plans to become the nation’s answer to Chime.

Brazil’s IPO boom fires up exit opportunities for private equity

Local investors have driven demand for Brazilian initial public offerings this year, in contrast to past booms

L Catterton seals lightning return on Cholula investment through $800m trade sale

L Catterton has sealed a rapid return on its investment in hot sauce maker Cholula after agreeing an $800m sale to trade buyer McCormick & Company.

G4S rejects £3.26bn offer from PE-backed Allied Universal

Allied Universal is backed by Canadian pension fund Caisse de Dépôt et Placement du Québec, private equity company Warburg Pincus and Brazilian bank J Safra Group

AMB :- Apex acquires Banco Modal's Brazilian alternative fund administration business

Laxman Pai, Opalesque Asia: Apex Group, a global financial services provider, is set to acquire Banco Modal&`s alternative fund administration (MAF) business in Brazil. Terms of the deal, which is subject to approva...Article Link

Most Forwarded: Opalesque most forwarded article – week 41: PE/VC Coronavirus triggers borrowing spree by private equity managers, Venture capital investments reach new high in Brazil, Private-equity giants are racing to sell assets before year-end

Coronavirus triggers borrowing spree by private equity managers From FT: Private equity managers are turning to specialist borrowing facilities to ensure their highly leveraged strategies can survive the coronavirus pandemic, but there are growing concerns

Warburg Pincus backs ‘rare find’ Take Blip to expand Brazilian business internationally

Global private equity major Warburg Pincus has backed Brazilian API communication platform Take Blip in the company's first equity financing round.

FTV Capital hopes to profit from Colombia’s US outsourcing boom with Lean Staffing Solutions deal

Colombian Transportation and logistics outsourcing services provider Lean Staffing Solutions has picked up a $42.5m minority growth investment from FTV Capital.

VC houses help banking data, analytics platform Fligoo to $40m investment round

Data and analytics platform for banks Fligoo has reportedly secured $40m in a funding round that will help it enter Brazil.

Carlyle Acquires Electrostatic Sprayer Maker

The Carlyle Group has agreed to acquire Victory Innovations, a provider of electrostatic sprayers. Victory’s cordless electrostatic spraying equipment is used to disinfect surfaces in businesses, transportation systems, hospitals, and schools. The company is headquartered

Amadeus Capital Partners eyes LatAm tech growth, European scale-ups with new partner hires

Global technology investor Amadeus Capital Partners has hired two new partners and a healthcare analyst in a major expansion of its investment team.

Helios Investment Partner bets on emerging markets payments by leading Thunes investment

Singapore-based FinTech startup Thunes has secured $60m in a Series B funding round led by Helios Investment Partners.

I Squared completes $158.5m sale of Peruvian power infrastructure pair to trade buyer ISA Peru

I Squared Capital has completed the $158.5m sale of Peruvian power infrastructure players Etenorte and Eteselva to trade buyer ISA Peru.

VC-backed Brazilian challenger bank Nubank gets new $300m investment

Venture capital-backed Brazilian challenger bank Nubank has reportedly raised $300m in new funds, according to a filing with the US Securities and Exchange Commission.

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