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.
Gabriel KurlandBy Gabriel Kurland: On November 12, 2009, the U.K.’s Serious Fraud Office (“SFO”), an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority. More...
According to a survey of 300 executives by Ernst & Young, the world’s biggest companies are poised to increase spending cleantech solutions. More...