Darby Latin American Private Debt Fund III
BIO has invested USD 10 M in equity in Darby Latin American Private Debt Fund III, a senior debt fund aiming at providing long term debt financing to private middle-sized companies in Latin America.
Amount
€ 8,570,582.00
Type of investment
Equity
Development impacts
- Local economic growth
- Private sector consolidation/innovation
Beneficiary locations
Investment field
Investment Companies & Funds
Activity
SME Fund
Organisation
Darby Latin American Private Debt Fund III
Domicile
The Darby Latin American Private Debt Fund III is a senior debt fund aiming at providing scarcely available long term debt financing to private middle-sized companies in Latin America. The Fund will invest primarily in Brazil, Colombia, Peru and Mexico, and can opportunistically invest in Dominican Republic, Ecuador, Chile and Uruguay. Though generalist, the Fund focuses on the following sectors: infrastructure & logistics-related assets, agribusiness, manufacturing, services and consumer products. Targeted financing objectives are growth capital, longer term debt refinancing and balance sheet strengthening and regional expansion.
Development impacts
-
Local economic growth
SMEs in the target markets of Darby face major issues to obtain financing from local banks, and when they succeed it is in the form of short-term loans with high interest rates, high collateral, and cumbersome lending procedures, which prevents them to fund their growth and expansion properly. By providing capital to these SMEs, Darby is expected to support SMEs growth and contribute to local economic growth.
-
Private sector consolidation/innovation
Know-how and technology transfer to investees:
Darby intends to play an active role at the level of the governance and value add of portfolio companies, through observer seats or sub-committee seats, or change in management when required.
The Fund aims at being involved in establishing good corporate governance practices that will allow businesses to mitigate risk, safeguard against mismanagement and attract further investments and capital that will fuel their growth
Made possible through this investment
NEOgas
Energy
Abengoa Peru
Industrial
Biopas
Healthcare
View more of our investments in this region
Investment Companies & Funds
Darby International Capital Latin American Fund IV
10,000,000.00
Brazil, Colombia, Peru
01/12/2023
Equity
