PE Fundraising Down, Investment Up: EMPEA

Private equity fundraising targeting LatAm has dropped in 1H 2012, but investment is up in the region, according to Emerging Markets Private Equity Association (EMPEA) data. The region saw $1.41bn invested in the first half, up from $1.25bn in 1H 2011. LatAm focused private equity raised $1.65bn in the period, which is down from $4.15bn from the corresponding period in 2011. Brazil was the most targeted region, with $675m raised and $1.27bn invested, compared with $3bn raised and $977m invested in the corresponding period of 2011.