Goldman Sachs led a USD55m Series B for Simetrik, a Colombia-based B2B financial solutions platform, with participation from FinTech Collective, Cometa, Falabella Ventures, Endeavor Catalyst and others.
CAF Asset Management Launches Uruguay Infrastructure Debt Fund V
CAF Asset Management launched its fifth Infrastructure Debt fund focused on infrastructure development in Uruguay.
Patria Investimentos Reaches BRL1.6b (~USD321m) First Close for Infrastructure Fund
Patria Investments reached a BRL1.6b (~USD321m) first close for its infrastructure fund Patria Infra Credito FIDC, with a BRL5b (~USD1b) target. The fund is anchored by BNDES, IFC and CAF.
CAF Asset Management To Launch USD288m Infrastructure Fund in Costa Rica
CAF Asset Management agreed to launch a USD288m fund focused on infrastructure projects and public services in transportation, energy, telecommunications, water and sanitation, education and health sectors in Costa Rica.
General Atlantic Leads USD50m Series C for Colombia’s Bold
General Atlantic led a USD50m Series C for Bold, a Colombia-based payment platform for SMEs, with participation from IFC and follow-on from InQLab and Amador Holdings. Tiger Global led a USD55m Series B in February 2022.
HSI Acquires Brazil’s Hilton Copacabana from Blackstone for ~USD110.4m
HSI acquired Brazil-based hotel Hilton Copacabana from Blackstone for BRL550m (~USD110.4m). Blackstone acquired the hotel in 2017.
EIG’s MidOcean Acquires 20% Stake in Peru’s PNLG
MidOcean, a liquified natural gas company managed by global energy investor EIG, acquired a 20% stake in Peru LNG from SK Earthon.
Vinci Partners to Raise Distressed Fund for Argentina
Vinci Partners agreed to raise a fund focusing on stressed Argentina-based assets traded in the US, targeting government bonds and other liquid assets.
Banco do Brasil Leads USD20m Round for Brazil’s Traive
Banco do Brasil led a USD20m round for Traive, a Brazilian lending platform for agricultural producers.
SIGMA SAFI Exits Peru’s Solar Parks for USD170m
SIGMA SAFI fully exited its stake in two solar parks located in Peru via a sale to Luz del Sur SAA for USD170m.