AIG Raises $691.9M Latin America Private Equity Fund

Apr 23 2008 | 2:00am ET

AIG Capital Partners, a member company of AIG Investments, has raised almost $700 million for a new Latin America private equity fund.

The fund has already committed 16% of its $691.9 million and is closed to new investors, AIG Investments said yesterday. The firm boasts 15 employees dedicated to private equity in Latin America with offices in Sao Paolo, Brazil, and Mexico City.

“Brazil, Mexico and Colombia have seen tremendous growth over the past several years driven by rising consumer purchasing power, increasing global trade and economic stability,” Ana Vigon, head of Latin America p.e. at AIG Capital Partners, said.


In Depth

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

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

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...