TTR In The Press
Bloomberg Línea
August 2022
Glass Half-Full: VC Funds Keep Raising From LPs to Invest in LatAm
Bloomberg Línea — Even with the market turnaround, ther is still optimism on behalf of the venture capital firms that are managing to raise money with new funds. According to Pitchbook, in the United States, 2022 has been the best year for fundraising for the funds, with $137 billion so far. In all of 2021, $142 biliion was raised by venture capital funds.
At Kaszek, 90% of LPs are from outside Latin America: they are in the United States, Europe or Asia. "They've lived through that cycle and they're still thrilled with Latin America. There will be a lot of capital going to managers.", said Kaszek partner Santiago Fossatti during an ABVCAP (Brazilian Private Equity and Venture Capital Association) event last week.
Source: Bloomberg Línea