Patria Investments and AXA IM and To Acquire Stake in Latour Capital; Riverwood Invests ~USD39.8m in Brazil’s Paytrack
Summary
Patria Investments and AXA IM agreed to acquire a 15% stake, each, in Latour Capital, a France-based investment firm specializing in European mid-cap private equity. #PEPerfin Infra agreed to invest BRL450m (~USD77m) in VirtuGNL, a Brazil-based company focused on replacing diesel with liquefied natural gas. #RealAssetsmonashees and Connect Ventures led a USD40m Series A for Music.ai, a Brazil-based music platform, with participation from Kickstart, Samsung Next, Toba Capital, Valutia, Pelion, Mindset Ventures and others. #VCACON agreed to invest in KiSabor, a Brazil-based manufacturer and distributor of branded consumer food products. #RealAssetsCeniarth committed USD10m to Deetken Impacts Ilu Womens Empowerment Fund focused on investing in Latin America and the Caribbean.BOCEL Private Equity reached a USD80m first close for BOCEL II focused on mid-sized companies in Mexico and the U.S. #PEPatria Infrastructure Fund III agreed to exit Aguas Pacifico, a Chile-based multi-client water desalination project, via sale to Patria Infrastructure Fund V and other investors.