Friday, 27 February 2015
Last updated 57 min ago
Apr 3 2008 | 2:00am ET
DLJ South American Partners, a joint venture between a team of South American investment professionals and Credit Suisse’s alternative investments business, has raised its first private equity fund targeting investments in Latin America.
The fund, which closed with US$300 million in investment capital, seeks to capitalize on the attractive growth profile of the region, with a specific focus on Argentina, Brazil and Chile. To date, the fund has already made three investments: two in the food and beverage space and one in the education sector.
“Latin America remains a largely untapped region, rich with dynamic investment opportunities with significant growth potential,” said DLJ co-founders Carlos Garcia and Marcelo Medeiros. “We believe our unique relationships with local business leaders, coupled with our in-depth knowledge of the region’s culture, will enable us to generate attractive returns for our investors.”
Credit Suisse’s Alternative Investments business, part of CS’s asset management division, manages US$147 billion in assets.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…