A New Revolution Among Latin American Pension Funds? by Cate Abrose
One of the key issues affecting the development of private equity and venture capital investment in Latin America is the availability of capital from local pension funds – private capital firms in Brazil, Colombia and Peru have succeeded in raising new funds in 2009 even as institutional investors in the US and Europe have remained on the sidelines.
In Peru and Colombia for example, pension funds have backed local emerging firms, driving the creation of a domestic PE/VC industry in both of those markets in the space of about five years.
