Latin America

American Capital earns 3x money on audio visual company(4)

American Capital has sold Swank Audio Visuals to Code Hennessy & Simmons, earning a three times return. The firm provided $48.5 million in debt financing for the deal.

GEM, Fiduciaria Bogota launch $220m Colombia fund(2)

As private equity in Colombia continues to boom, the Global Emerging Markets Group and Fiduciaria Bogota plan to raise a $220 million fund, the second Columbia-dedicated fund launched this year.

Carlyle executes first Mexico exit(2)

Carlyle’s Mexico team has completed its first exit, with the sale of bilingual call-centre services provider Hispanic Teleservices Corporation to French company Teleperformance.

Zell’s Equity International targets $500m(2)

The emerging markets-focused Chicago firm will target platforms likely to benefit from a global real estate boom, but eschew direct property investments.

GP Investments opens Mexico City office(4)

GP Investments has opened its first office outside of Brazil, part of its previously announced regional expansion.

GP Investments opens Mexico City office(3)

GP Investments has opened its first office outside of Brazil, part of its previously announced regional expansion.

TCV sets record with $3bn fund close(4)

Growth stage-focussed Technology Crossover Ventures has closed its seventh fund on $3 billion, causing Oak Investment Partners to lose the record for the largest fund ever raised by a VC firm.

American Capital earns 3x money on audio visual company(3)

American Capital has sold Swank Audio Visuals to Code Hennessy & Simmons, earning a three times return. The firm provided $48.5 million in debt financing for the deal.

DIC picks up Almatis, UBS underwrites $1bn(3)

Dubai International Capital, the Middle Eastern investment firm, has bought Almatis in a secondary deal, with loans at more than six times EBITDA provided by Swiss bank UBS.

TCV sets record with $3bn fund close(3)

Growth stage-focussed Technology Crossover Ventures has closed its seventh fund on $3 billion, causing Oak Investment Partners to lose the record for the largest fund ever raised by a VC firm.