Latam Growth Fund Ltd.

Equity : May 2008 - June 2023

BIO has invested USD 5 M in equity in Latam Growth Fund, a Latin American SME Fun.

Amount

€ 3,665,000.00

Type of investment

Equity

Development impacts

Local economic growth

Beneficiary locations

Latin America and Caribbean: Colombia, Peru

Investment field

Investment Companies & Funds

Activity

KK.64.300 SME Fund

Organisation

Latam Growth Fund Ltd.

Website

https://www.seaf.com/investing/latin-america/latam-growth-fund/

Domicile

Delaware USA

SEAF launched Latam Growth in May 2008 to invest directly into companies operating in Peru and Colombia, as well as into the Latam Peru Fund (Latam Peru) a local fund also managed by SEAF and launched in the same year along with local, Peruvian pension funds.

Latam Growth invests in SMEs in Peru and Colombia, partnering with Latam Peru, the Fondo Transandino Colombia, and the Fondo Transandino Peru to co-invest in companies in Peru and Colombia. In both countries, SMEs and professional entrepreneurs lack the essential expansion capital they need to grow. This lack of available funding for SMEs limits the potential of the countries’ capital markets and hinders sustainable development. As the countries’ economies continue to develop, with the proper financing, SMEs are poised to expand the middle economy and meet the growing domestic and international demand for quality local products and services.

Latam Growth provides companies with a hybrid between traditional banking and an equity-oriented venture capital approach. In addition to financial support, the Latam Growth team partners with its portfolio companies, providing them with expert technical assistance to enhance their business performance and market competitiveness. The fund counts among its investments a sustainable forestry and carbon sequestration company, a health club operator, a clean-tech hydroelectric plant and an oil services company.

Development impacts

Local economic growth
Equity and related equity investments in SMEs. The Fund’s primary investment objective is to achieve medium to long term capital appreciation by investing in growth-oriented emerging corporate mid-size enterprises