ILPA, Cimarron Host ILPA Delegation to Latin America

Institutional investors meet with local fund managers, investors, and agencies in Colombia, Peru, and Brazil

February 10, 2012 | Bogotá, Colombia – To increase the education of institutional investors about opportunities for private equity investment in Latin America, the Institutional Limited Partners Association (ILPA), in partnership with Cimarron Capital Partners, hosted the inaugural ILPA-Cimarron Investor Delegation to Latin America.

The delegation visited Bogotá, Lima, and Sao Paulo. In each city, the investors met with local fund managers, investors, service providers and agencies relevant to private equity investing in each country. They received an overview of the macro economic, political and business environment as well as details on the key players and the framework for private equity investing.

Fifiteen participants from twelve organizations participated in the delegation. The participating organizations were: Ontario Teachers’ Pension Plan, Alberta Teachers Retirement Plan, Australia Future Fund, Scotiabank Fifth Third Bank, AlpInvest, Performance Equity Management, State Board of Administration of Florida, the Vero Group, Bimcor, American Trading and Production Corporation, and Cimarron Capital Partners.

According to Scott Soffen, one of the participants on the trip, the delegation “proved to be a great chance to learn from economists, ministries of trade, tax experts, lawyers, GPs and LPs about the driving forces in the region.  … It was a trip that I could have never duplicated on my own.”

The ILPA-Cimarron Delegation to Latin America was supported by local sponsors and institutional partners in each country: Bancóldex, Brigard & Urrutia, and Proexport in Colombia; Rebaza-Alcázar and Ernst & Young in Peru, and Tozzini Freire, LCA Consultores, and ABVCAP in Brazil.

The Institutional Limited Partners Association
Initially founded as an informal networking group, the ILPA membership has grown to include over 240 member organizations from around the world, that in total have assets under management in excess of five trillion U.S. dollars. Members of the ILPA manage more than US $1 trillion of private equity capital. To learn more about the ILPA and its activities to promote best practices in the private equity industry, please visit the ILPA website.

Cimarron Capital Partners
Since 1993, Cimarron's Managing Directors have launched four private equity fund of funds and advised over 20 states and organizations in fund design and portfolio construction. To learn more about Cimarron Capital Partners, please visit the Cimarron website.

Sponsors of the ILPA Delegation to Latin America