(Actis) January 23, 2012 – Actis, the global private equity investor in the emerging markets, announced an investment of US$102 million [R$180m] to acquire a significant minority stake in Brazil´s prestigious University Cruzeiro do Sul Educacional. Read more
Creating the Next Silicon Valley – The Chilean Experiment
Tags: Chile, Education, Entrepreneurs, Venture Capital
By Steve Blank, Professor of Entrepreneurship, U.C. Berkeley / Stanford University
Chile has decided that it wants to be an innovation hub in South America.
I spent two weeks of December 2010 in Chile as a guest of Professor Cristóbal García, Director of EmprendeUC at the Catholic University of Chile, which just signed up a 3-year collaboration partnership with Stanford’s Technology Ventures Program. Read more
CAF approves US$5mn for Fondo IGNIA for SME financing
Tags: Education, Fundraising, Health, Housing, Mexico, Venture Capital
December 22 – The Andean Development Corporation (CAF) has approved US$5mn for risk capital fund Fondo IGNIA, which aims to finance SMEs in Latin America in the health, housing and education sectors, among others, CAF said in a press release.
Payne Capital Purchases Majority Stake in Chilean University
Investment fund Payne Capital has purchased a 60% of Chile’s IT college Universidad de Ciencias del la Informática, Diario Financiero reported. The investment was estimated to be close to $1.4 million. Four individuals sold their ownership stake in the company to Payne. The remaining 40% of the university will continue to belong to the Rocha Vera brothers. Several individuals involved at Payne are also owners of Chilean pre-university educational group Cpech.
