◼︎ Patria Investments raised USD2.9b for its fifth infrastructure fund focused on projects in Colombia, Chile and Brazil. Fund V marks the largest dedicated infrastructure fund raised in Latin America. #RealAssets
◼︎ IFC and Appian Capital Advisory announced a USD1b partnership focused on critical minerals, metals and mining-related projects in Africa and Latin America. #RealAssets
◼︎ QIA invested USD535m in ISAGEN, a Colombia-based renewable energy platform. At the same time, Brookfield Renewable Partners is investing up to USD1b to increase its equity interest to 38%. #RealAssets
◼︎ Actis agreed to acquire a Brazil-based transmission line from EDP Brasil through Skyline, its Long Life Infrastructure Fund 2 electricity transmission platform. #RealAssets
◼︎ Orion Resource Partners agreed to invest USD360m in Santo Domingo and Sierra Norte copper projects in Chile. #RealAssets
◼︎ Vinci Compass announced a strategic relationship with Ares Management to expand access to Ares’ semi-liquid product portfolio. #PrivateCredit
◼︎ Kora led a USD250m Series B for Plata, a Mexico-based digital bank, with participation from Moore Strategic Ventures, Audeo Ventures, Spice Expeditions, Hedosophia and others. #VC
◼︎ Community Investment Management provided USD75m in debt financing for Welli, a Colombia-based medical treatment loans startup. #VC
◼︎ Advance Venture Partners led a USD50m Series A for Conceivable Life Sciences, a Mexico-based provider of automated IVF services. #VC
◼︎ Yellowstone Capital Partners and Amarilo announced a COP85.7b (~USD22.3m) investment to finance residential real estate projects in Bogotá and Barranquilla. #RealAssets
◼︎ An undisclosed institutional investor invested BRL300m (~USD56m) for a 25% stake in a Special Purpose Entity (SPE) created by Brazil-based paper company Klabin. The SPE holds 15,000 hectares of forestry assets that will be leased back to Klabin. #RealAssets
◼︎ Temasek’s GenZero invested in BTG Pactual Timberland Investment Group’s Latin America reforestation strategy, bringing the total capital mobilized to date to USD672m. #RealAssets
◼︎ Spectra announced the launch of its first evergreen PE fund in Brazil, with initial commitments of BRL1b (~USD187m). #PE
◼︎ Astarte Capital Partners and Toesca Asset Management held a USD100m first close on their joint regenerative agriculture fund, which has a USD350m target to invest in crops in Chile and Peru. #RealAssets