Funds

BD Capital capitalizes money market fund

Corporate & Sovereign Strategy Funds Equity

Peruvian asset manager offers new shares to raise $391 mln for BDC Money Market 2

IDB Invest weighs investment in BlueOrchard fund

IDB Invest Inter-American Development Bank (IDB) International Financial Institutions

Swiss impact investor is raising $350 mln from development banks and institutional investors to lend to MSMEs during the COVID-19 pandemic

US-based LatAm equity funds have small net inflow in latest week  

Fixed Income Equity Funds

Fund flows modestly positive, but assets under management drop by nearly $700 mln in down market for the week ended March 3

Lexington Partners makes hire in Brazil

People Equity Funds

US investment firm names former Pão de Açúcar CEO Cássio Casseb as an adviser in its recently opened office in São Paulo

US-based LatAm equity funds pull in fresh capital in sinking market  

Fixed Income Equity Funds

Fund flows positive, but undercut by a drop in market prices that leaves AUM lower for the week ended February 24

Posadas checks out of restructuring talks

Corporate & Sovereign Strategy Bonds Debt

Mexican hotel operator ends discussions with Rothschild as ad-hoc group shrinks to represent holders of less than 25% of 2022 bonds

Posadas checks out of restructuring talks  

Corporate & Sovereign Strategy Bonds Debt

Mexican hotel operator ends discussions with Rothschild as ad-hoc group shrinks to represent holders of less than 25% of 2022 bonds

Bondholders back Salta exchange offer

Corporate & Sovereign Strategy Bonds Debt

Argentine provinces moves ahead with the exchange of its 2024 bonds for new notes with a longer maturity and a lower coupon

BNP Paribas, Fintual set up funds in Mexico

Funds Corporate & Sovereign Strategy Equity

Chilean fintech will advise the French lender on two new funds worth at least $150 mln

Compass capitalizes factoring fund in Peru

Corporate & Sovereign Strategy Debt Funds

LatAm asset manager adds $30 mln through a public share offering

SoftBank, Invus steer investments in Descomplica

Equity Brazil Asia

Six other investors participate in a $85 mln fundraising round for the Brazilian edtech company

Amundi forms emerging markets green fund

Funds Bonds Fixed Income

Crédit Agricole-owned fund manager includes Brazil in plans to buy corporate and sovereign green bonds

YPF reaches restructuring deal

Asset Management Bonds Debt

Argentine oil company plans to issue $2.1 bln in new bonds as part of a debt swap

ICA concessionaire refinances toll road

Loans Project & Infrastructure Finance Debt

Autovía Querétaro takes out a loan to refinance construction of the Palmillas-Apaseo El Grande highway

Fifteen groups eye Cedae sale

Corporate & Sovereign Strategy Economy & Policy Funds

National and international bidders could make offers for Rio de Janeiro's water company