Press Releases
PE/VC Firms Raise Historic Record of $10.3 Bln for Latin America in 2011
21 March 2012
PE/VC Firms Raise Historic Record of $10.3 Bln for Latin America in 2011
LAVCA Releases 2011 Data on Private Equity & Venture Capital in Latin America
New York, March 21, 2012 – Fundraising by private equity and venture capital firms investing in Latin America reached a historic record of $10.3 bln in 2011, an increase of 27% from the previous year’s record of $8.1 bln, according to 2012 LAVCA Industry Data released today by the Latin American Private Equity & Venture Capital Association (LAVCA).
Brazil-dedicated funds captured $8.1 bln of the total capital committed. Five funds raised by local firms Gávea Investimentos, Vinci Partners, BTG Pactual and Patria Investimentos (raised two funds) accounted for $7.3 bln of the fundraising total for the country, illustrating the strength of Brazil’s experienced asset managers and the desire of global investors for exposure in Brazil.
Regional funds accounted for $1.1 bln of total capital committed. While The Carlyle Group raised a specific pan-South American fund with $776M in commitments, other global players are opting to invest in the region through emerging markets-dedicated funds instead of raising targeted Latin America vehicles.
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