Victoria Capital Partners Leads US$100 Million Capital Increase for Grupo Los Grobo (Latin America)
Source: Grupo Los Grobo
South America-focused private equity fund manager Victoria Capital Partners (VCP) has led a US$100 million capital increase for Argentina-based agribusiness and investment company Grupo Los Grobo. University of Texas Investment Management Company and development finance institutions International Finance Corporation and FMO also participated in the capital increase. Simultaneously, VCP has acquired a block of additional shares from existing shareholders in the company. Grupo Los Grobo will use the new funds to strengthen its capital structure and support its current growth plan.