◼︎ Canary and Valor Capital each raised USD100m for their respective funds to invest in early-stage startups in Brazil and Latin America. #VC ◼︎ CVC Capital Partners acquired Opus Investimentos’ majority stake in Grupo GSH, a Brazil-based healthcare services provider. #PE ◼︎ SoftBank Group and General Atlantic led a USD127m investment in Kavak, a Mexico-based online used car dealer. The startup also secured two USD200m debt facilities from Goldman Sachs and HSBC. #VC ◼︎ Mirova committed USD40m to large-scale natural capital projects in Argentina, Costa Rica and Madagascar. #RealAssets ◼︎ BTG Pactual acquired a minority stake in Inter & Co, the holding company of Brazil-based financial services company Grupo Inter. #PE ◼︎ Tidemark led a BRL240m (~USD40.9m) Series B for Onfly, a Brazil-based corporate travel and expense management platform, with participation from Endeavor Catalyst, Left Lane Capital and Cloud9 Capital. #VC ◼︎ GEF Capital Partners acquired 2bCaptial’s stake in Leveros, a Brazil-based air conditioning and refrigeration equipment company. #PE ◼︎ Blue Like an Orange Sustainable Capital provided a USD15m long-term loan to MiFibra, a Peru-based high-speed internet service provider. #PrivateCredit ◼︎ The International Finance Corporation invested USD130m in Magazine Luiza, a Brazil-based multi-channel retailer. #PrivateCredit ◼︎ Hix Capital and TreeCorp invested an undisclosed amount in Vórtx, a Brazil-based fintech specialized in tech infrastructure for capital markets. #PE ◼︎ Atlas Renewable Energy, a portfolio company of Global Infrastructure Partners, secured a USD510m loan to build Estepa, a hybrid solar PV park and battery energy storage system in Chile. #RealAssets ◼︎ Marsh published the Transactional risk insurance 2024: Year in review report, providing a comprehensive overview of the transactional risk insurance market across all geographies, including Latin America. ◼︎ Brazil-based law firm TozziniFreireappointedCarlos Mello and Mirella Mie Abe as new partners for its corporate and M&A practice. |