Santander Brasil Spins Off BRL1.3B Private Equity Arm

published by Editor on January 19th, 2012

Tags: , , ,

(Dow Jones Newswires) January 19, 2012 – Banco Santander Brasil SA (BSBR, SANB4.BR) on Thursday said it has spun off its private equity operations into a new company, with assets of some 1.3 billion Brazilian reais ($735 million) to invest in infrastructure, and with plans to raise BRL800 million to invest in oil and gas. Read more

Lupatech Plans to Sell Up to 700 Million Reais of New Stock

published by Editor on December 29th, 2011

Tags: , ,

(Bloomberg) December 29, 2011 – Lupatech SA (LUPA3), a Brazilian provider of oil equipment and services that is selling assets to meet debt payments, said it will offer as much as 700 million reais ($374 million) of new stock. Read more

Banco Modal Invests R$70M in Brazil’s Brastec (em português)

published by Editor on December 13th, 2011

Tags: , ,

(Valor Econômico) December 13, 2011 – Banco Modal’s private equity fund has acquired a minority stake in Brastec Technologies for R$70M (approx. US$37.7M). Read more

Gavea to Buy 5% Stake in Odebrecht Oil and Gas

published by Editor on October 5th, 2011

Tags: , ,

(Bloomberg) October 5, 2011 – JPMorgan Chase & Co (JPM)’s Gavea Investimentos Ltda., a private-equity and hedge fund set up by former Brazilian central banker Arminio Fraga, agreed to buy a 5 percent stake in Odebrecht SA’s oil and gas unit to become the third-largest shareholder. Read more

Union Capital Group announces the acquisition of Plane Tree Capital

published by Editor on August 29th, 2011

Tags: , ,

(Union Capital Group) August 29, 2011 – Union Capital Group (“UCG”) entered into a binding purchase agreement to acquire Plane Tree Capital LLP (“Plane Tree”), a London-based investment management firm focused on the energy sector in Latin America. Read more

IFC and IFC ALAC Fund Invest $48M in Medanito to Increase Oil and Gas Production in Argentina

published by Editor on July 28th, 2011

Tags: , ,

(IFC) July 28, 2011—IFC, a member of the World Bank Group, and the IFC African Latin American and Caribbean Fund are making a $48 million equity investment in Argentina’s Medanito to support the company’s expansion plans to increase oil and gas production Read more

PE-backed Barra Energia Buys Shell’s 10% in Exploration Block off Brazil Coast

published by Editor on July 5th, 2011

Tags: , , ,

(peHUB) July 5, 2011 – Barra Energia do Brasil Petroleo e Gas Ltd (Barra Energia) announced that it has entered into an agreement to acquire 10% of Block BMS-8 from Shell Brasil Petroleo Ltda, which currently owns a 20% participation in the area. Read more

Rio Bravo Partners with Orteng to Invest in Small Hydro power

published by Editor on June 10th, 2011

Tags: , ,

(Valor Economico) June 9, 2011 – Rio Bravo formed a partnership with Orteng to invest up to R$1 bln (approx. US$629M) in the construction of 11 small-scale hydro power plants over the next five years. Read more

Actis Acquires Majority Stake in Guatemala’s Largest Electricity Network

published by Editor on May 20th, 2011

Tags: , ,

(Actis) May 20, 2011 – Actis has reached an agreement with GAS NATURAL FENOSA, a leading multinational in the gas and electricity sector, to acquire a group of companies dedicated to the transportation and supply of electricity to 1.4m customers in Guatemala in a transaction worth US$345m plus assumed debt. Read more

Alta Growth Capital Invests in Bunker’s Group

published by Editor on May 9th, 2011

Tags: , ,

(Alta Growth Capital) May 9, 2011 – Alta Growth Capital, a leading provider of growth equity to Mexican middle market companies, announced a minority equity investment in Bunker’s Group, the leading marine oil distributor in Mexico. Read more

« Older Entries