The Story of a Latin American PE Firm

One of the Latin American Private Equity firms with representatives at the upcoming Latin American Mid-East Investors Forum this Wednesday is called “The Southern Cross Group”, a buyout fund with over $1.1 billion of capital under management.

This is how Euromoney describes them in an article back in 2006: “Southern Cross Group is making waves in Latin American private equity, standing out because of its aggressive and sometimes contentious strategy – it only invests in companies in which it has unchallenged control of management – which is bringing it high returns.”

High returns indeed. (We are hearing on realized transactions they have generated 3.5X invested capital with a gross IRR in excess of 35%.) Check out their portfolio companies here, and look for them, (and us!), this Wednesday at the Forum.