Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models that do not require large amounts of capital have helped many firms avoid silos common in the region.
It's not easy to raise growth-stage capital in Latin America, but it's getting easier. As startups begin to flourish in the region's largest markets, available funding is evolving to suit the needs of these maturing companies.
VC funding in Latin America catapulted to new heights in 2018. Startups located across Argentina, Brazil, Chile, Colombia and more have secured nearly $2.5 billion since the beginning of 2018.
Japan's SoftBank Group is launching a $5 billion fund to invest in technology companies in Latin America, ramping up its tech ambitions beyond its huge Vision Fund.
Institutional investors are circling a swathe of energy-related infrastructure assets in Latin America to increase their exposure in a region rife with more uncertainties but offering greater returns than those in more developed markets.
<p>Fueled by deep-pocketed mainland venture capitalists and success at home, these investors are exporting a formula honed in China of pursuing rapid expansion over profitability. Chinese venture capital investment in Latin America jumped to $1 billion since the start of 2017, compared with about $30 million in 2015, according to data collected by Preqin.</p>
The $60 billion United Nations Joint Staff Pension Fund is accepting nominations for a new chief investment officer, and Trusted Insight created a shortlist of 10 highly qualified candidates poised to assume (or maintain) the role.