Australis Partners Raises $379M For Debut Latin American Middle-Market Fund

Jun 22 2017 | 8:54pm ET

Private equity company Australis Partners has raised $379 million in capital commitments for its inaugural Latin American middle-market private equity fund, beating its $375 million target. 

The new fund, named Australis Partners Fund, will make control or minority equity investments in established middle market companies primarily operating in the company’s core markets of Mexico, Colombia, Peru and Chile, according to a statement. 

The fund intends to invest in each of these countries, leveraging local and sector knowledge as well as effective in-country networks. 

The fund’s focus will be on companies with enterprise values greater than $100 million and driven by strategic, sustainable market trends including the emerging middle class, expansion of infrastructure and energy consumption, and the development of a competitive advantage in non-commodity exports, the company added. 

Park Hill Group acted as placement agent; Dechert LLP provided legal counsel.

Based in both New York and Santiago, Chile, Australis Partners is an independent private equity firm founded in late 2014 by senior professionals who have worked together continuously for over 17 years. The firm plans to manage private equity funds in Latin America with a focus on the Pacific Alliance countries of Mexico, Colombia, Peru and Chile.


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...

 

FINalternatives Trending

From the current issue of