Monashees rebuffs SoftBank involvement in latest fund

Monashees rebuffs SoftBank involvement in latest fund

Funds Asset Management Equity M&A Brazil Japan

Monashees, a venture capital firm in Brazil, has raised a new fund for $280 million, according to two individuals familiar with the firm's plans. In doing so, it has helped Latin America reach a milestone – for the first time, the region has raised more than $1 billion raised for new venture capital funds this year, according to data from the Association for Private Capital Investment in Latin America, known as Lavca. The São Paulo-based firm's ninth and largest fund to date also marks a rare re

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