Dealbook reports that PE and VC firms committed USD 7.9 billion last year to invest in Latin America, up by 21 percent over the previous year, according to the Latin American Private Equity and Venture Capital Association. The number of investments in 2012 grew to 237, which is a 37 percent increase over 2011. Consumer and retail are the hot sectors.
According to LAVCA, the region still has a way to go to catch up to the UK and Israel, but the trend is positive. (See graphic above). Brazil continues to be the biggest magnet for capital, region in receiving 72 percent of the total amount invested and 62 percent of the number of deals. Mexico had no appreciable increase in number of deals but total dollars committed grew by 50 percent. (Image source: Lavca)