◼︎ Appian Capital reached a USD2.06b final close for its third fund focused on mining and mining-related companies in countries with proven geology, supportive governments and a robust legal framework where Appian has existing operations or experience in operating. #PE ◼︎ Mubadala Capital reached a USD710m close for its second Brazil-focused fund. The vehicle will focus on mature companies that are facing some form of complexity or distress, but where the underlying business fundamentals are compelling. #PE ◼︎ Yellowstone Capital Partners reached a USD475m first close for Yellowstone Flagship Opportunity Fund IV. The real estate fund will invest in developing sustainable communities through large-scale residential projects and mixed-use assets in Colombia. #RealAssets ◼︎ Pátria Investimentos acquired a 56% stake in Brazil-based wholesaler Atakarejo. #PE ◼︎ BlueOak reached a BRL250m (~USD49.4m) first close for its first special situations fund focused on infrastructure, utilities, commodities, services and consumer goods sectors in Brazil. #PrivateCredit ◼︎ Valor Capital Group led a USD30m Series C for Gringo, a Brazilian car documentation management platform, with follow-on from Kaszek Ventures, ONEVC and VEF. VEF led a ~USD38m Series B in March 2022; KASZEK led a USD8m round in November 2021. #VC ◼︎ Valor Capital Group led a USD20m Series B for Nexu, a Mexican car financing platform. Nexu raised a USD50m Series A in January 2022. #VC ◼︎ KASZEK led a USD16.5m round for Bia, a Colombian real-time energy consumption analytics platform for SMEs with participation from Ewa Capital, WildSur, and follow-on from Nazca. Canary led a USD6m pre-seed round in July 2022. #VC ◼︎ KASZEK led a USD13m round for Cobre, a Colombian corporate treasury management platform. QED Investors and Atlantico Partners led a USD14m Series A round in February 2022. #VC ◼︎ IFCinvested in CantuStore, a Brazil-based omnichannel aftermarket tire retailer and distributor backed by L Catterton. #PE ◼︎ Pátria Investimentos agreed to acquireAbrdn’s European-headquartered private equity unit. #PE ◼︎ Claure Group acquired a significant stake in Brazil-based investment firm eB Capital. #PE |