Latam Growth Fund Ltd.

Equity : May 2008

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

SME Fund

Organisation

Latam Growth Fund Ltd.

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

Made possible through this investment

Thanks to the direct funding from BIO, the following second-line investments have been made possible.

Agricola Cerro

Peru

Agroindustry

Amazon Holdings

Peru

Forestry & Environmental Services

Bodytech

Colombia, Peru

Health & Education - Health & fitness

Fondo Latam Peru

Peru

SME Fund

Hidroelectrica (SAC)

Peru

Energy - Hydropower

Inverdesa Commercial

Colombia, Peru

Health & Education - Health & fitness

Inversiones Financieras Peruanas

Peru

Commercial Bank

Petroworks

Colombia

Gas & Chemicals - Drilling services (oil industry)

Refinancia

Colombia

Non-Bank Financial Institutions - Credit recovery

View more of our investments in this region

T&T Fruits

Enterprises

T&T Fruits

  7,548.63

  Peru

  15/06/2021

  Subsidy

Local Currency Microfinance Fund II

Investment Companies & Funds

Local Currency Microfinance Fund II

  3,031,680.00

  Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru

  11/11/2013

  Equity

Local Currency Microfinance Fund II

Investment Companies & Funds

Local Currency Microfinance Fund II

  725,111.00

  Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru

  05/06/2014

  Debt

The Currency Exchange Fund n.v.

Financial Institutions

The Currency Exchange Fund n.v.

  7,091,000.00

  Bangladesh, Cambodia, India, Indonesia, Myanmar, Nepal, Pakistan, Philippines, Sri Lanka, Vietnam, Bolivia, Brazil, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Algeria, Egypt, Iraq, Jordan, Lebanon, Morocco, Syria, Tunisia, Palestinian Territories, Benin, Burkina Faso, Burundi, Cameroon, Côte d'Ivoire, Democratic Republic of Congo, Ethiopia, Ghana, Guinea, Kenya, Madagascar, Malawi, Mali, Mozambique, Niger, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia

  05/09/2007

  Equity

TransAndean Early Stage Equity Fund LLC.

Investment Companies & Funds

TransAndean Early Stage Equity Fund LLC.

  3,752,000.00

  Bolivia, Brazil, Colombia, Peru

  09/06/2003

  Equity

AgRIF Coöperatief U.A.

Investment Companies & Funds

AgRIF Coöperatief U.A.

  105,000.00

  Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal

  11/09/2018

  Subsidy

AgRIF Coöperatief U.A.

Investment Companies & Funds

AgRIF Coöperatief U.A.

  5,438,332.50

  Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal

  18/06/2015

  Equity

Local Currency Microfinance Fund II

Investment Companies & Funds

Local Currency Microfinance Fund II

  113,688.00

  Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru

  25/06/2014

  Subsidy

Local Currency Microfinance Fund II

Investment Companies & Funds

Local Currency Microfinance Fund II

  143,535.00

  Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru

  28/01/2019

  Subsidy

Darby Latin American Private Debt Fund III

Investment Companies & Funds

Darby Latin American Private Debt Fund III

  8,570,582.00

  Brazil, Colombia, Dominican Republic, Ecuador, Peru

  01/08/2018

  Equity

Fairtrade Access Fund

Investment Companies & Funds

Fairtrade Access Fund

  350,000.00

  Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda

  07/04/2020

  Subsidy

EcoEnterprises Partners III

Investment Companies & Funds

EcoEnterprises Partners III

  6,208,300.00

  Bolivia, Brazil, Colombia, Ecuador, Guatemala, Nicaragua, Paraguay, Peru

  22/05/2019

  Equity

Fairtrade Access Fund

Investment Companies & Funds

Fairtrade Access Fund

  3,000,000.00

  Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda

  24/10/2019

  Equity

Cooperativo Pacifico

Financial Institutions

Cooperativo Pacifico

  9,185,000.00

  Peru

  30/10/2017

  Debt

Acceso Crediticio

Financial Institutions

Acceso Crediticio

  8,521,516.83

  Peru

  04/10/2016

  Debt

MSEF II

Investment Companies & Funds

MSEF II

  8,966,382.00

  Brazil, Colombia

  31/05/2019

  Equity