Industry News
Base Partners Closes a US$135m Fund II
3 September 2019
Base Partners, a Brazilian growth equity firm, closed a US$135m Fund II. Fund I (US$75m) included investments in Stripe, Zoom and ByteDance, as well as Brazil-based Nubank.
(Crunchbase) São Paulo-headquartered Base Partners filed paperwork with the SEC indicating that it’s finished raising a little under $135.4 million for its second growth-stage venture capital fund.
The filing states that 43 limited partners backed the new fund, which is significantly larger than its first. According to Crunchbase data and media reports from August 2017, Base Growth I topped out at a comparatively small $75 million, which it has presumably deployed.
Read more at Crunchbase.
You may be interested in...
-
Catching up with Christine Kenna of IGNIA; Moove Acquires Kovi
-
Patria Investments and AXA IM and To Acquire Stake in Latour Capital; Riverwood Invests ~USD39.8m in Brazil’s Paytrack
-
Prosus Acquires Despegar; Endeavor Catalyst Launches Fifth Fund; Sem Parar Buys Gringo
-
2024 LAVCA Top & Emerging Women Investors; Big Bets Raises ~USD24.5m for Brazil VC Fund