Saturday, 28 November 2015
Last updated 20 hours ago
Jan 15 2008 | 1:39pm ET
Private equity firm Aureos Capital has held a first close on its Aureos Latin America Fund I at US$140 million, and is looking to hard-close the new offering at some US$300 million. The International Finance Corporation, a member of the World Bank Group, is investing up to US$20 million in the new vehicle.
The Fund will be formed as an Ontario limited partnership, and will have local investment teams based in Mexico, Central America and the Andean region, which will be the focus of the fund’s investment. It will seek equity and equity-related investments in high growth companies located in Central America and the Andean region. Its investment size is expected to range from US$2 million to US$10 million.
The firm is also currently raising a US$100 million Central Asia p.e. fund and this year will begin to market a new US$350 million pan-Africa fund.
Aureos Capital is a Mauritius-based global private equity fund manager, which focuses on small and medium enterprise investments in emerging markets. The firm was established in July 2001 as a joint venture between CDC Group, a U.K. government-owned fund of funds, and Norfund, the Norwegian investment fund for developing countries.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…