Aureos Cap Markets EM Private Equity Funds

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.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note