A series of mostly unrelated activities brought LAVCA to Chile in early December, just days before the country was accepted into the OECD on December 15. Beginning with a presentation at the OECD Corporate Governance Roundtable in Santiago and ending at an ‘asado’ with IT entrepreneurs and investors at the estate of Wenceslao Casares in Pirque, my colleague Ariel Muslera and I were busy all week.
Acceptance into the OECD is in recognition of Chile’s transparent institutions and competent macroeconomic management. The country has consistently ranked first in the LAVCA Scorecard, which measures the environment for PE/VC investing in 12 Latin American countries, distinguished especially for high scores on three indicators that are low elsewhere in the region: perceived corruption, strength of the judicial system and protection of intellectual property rights.
Original Article: Executive Briefing: On the Ground with Chilean Fund Managers and Entrepreneurs
