overview of private equity in brazil in 2011 cate ambrose president and executive director latin...
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Overview of Private Equity in Brazil in 2011
Cate AmbrosePresident and Executive Director
Latin American Venture Capital Association
New YorkOctober 7, 2011
LAVCA Overview
Mission To spur regional economic growth by advancing venture capital and private equity
investment through programs of research, networking, investor education, the promotion of best investment practices, and the advocacy of sound public policy.
Members LAVCA’s membership is comprised over 120 firms which control assets in excess of
US$50 billion, directed at capitalizing and growing Latin American businesses.
Some of the best known global and regional fund managers are members of LAVCA:
LAVCA is supported by:
Research and Products
LAVCABaseThe Latin American Investor Network, is the only comprehensive online
database of Latin America private equity and venture capital fund managers.
LAVCA Industry Data and Midyear ReportsCited in multiple publications including, WSJ.com, NYTimes.com, Bloomberg BusinessWeek, Reuters,
Private Equity International, and peHUB Wire.
LAVCA ScorecardProduced in collaboration with the EIU the LAVCA Scorecard
ranks 12 countries based on 13 indicators.
The Latin America PE VC Report The Latin America PE VC Report is the official newsletter
of the Latin American Venture Capital Association.
© 2011 LAVCA Industry Data
Fundraising in Latin America
Note: 1993 - 2007 figures are based on VE-LA reports. 2008 - 2011 figures are based on LAVCA industry surveys.
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 -
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
11,000 10,270
Fundraising Amounts for Latin America
© 2011 LAVCA Industry Data
Trends in Brazil
Fundraising, Investments and Exits(2008-2011)
LAVCA Scorecard
Countries are ranked based on the following indicators
• Laws on VC/PE fund formation and operation
• Tax treatment of VC/PE funds and investments
• Protection of minority shareholder rights
• Restrictions on local institutional investors
• Protection of intellectual property rights
• Bankruptcy regulation
• Capital market development and feasibility of local exits
• Registration/reserve requirements on inward
investments
• Corporate governance requirements
• Strength of the judicial system
• Perceived corruption
• Use of international accounting standards
• Entrepreneurship
LAVCA Scorecard – 2011 Ranking
Overall score – 0-100 where 100=best environment
Thank You!
CHILE FORUM
Santiago - June 4-5
2012 Conferences
LAVCA SUMMIT
New York, NY – Sep 12-13
Cate Ambrosea
President & Executive DirectorLatin American Venture Capital Association
Regional OfficeAv. Figueroa Alcorta 3351,office 001 Buenos Aires,
Argentina, 1425Tel: +54.11.4806.1154
New York Headquarters589 Eighth Avenue,
18th floor New York,NY 10018
Tel: 1.646.315.6735Fax: 1.646.349.1047
COLOMBIA FORUM
Bogota – Nov 7