SVS issues new regulations to permit offerings of restricted securities to groups of up to 250 investors under certain conditions.
Chilean wealth management clients optimistic
A survey reveals that in the global crisis, Chileans are relying more on local investment instruments. Most investors are guided by newspapers and magazines when taking decisions, against 39% who use financial advisors.
Private equity managers are enthusiastic about Provida’s decision
The largest Chilean AFP has set up an Alternative Investment Department which may reflect a long-term view that opens the door to less liquid instruments.
Picton Advisors takes on Morgan Stanley distribution in Chile
The distributor is also preparing a global private equity closed-end investment fund with Warburg Pincus.
Corfo sees ending support for private equity by 2030
The state entity says 33% private participation in financing was achieved in 2012, and expects this figure to reach 60% by 2020.
Chilean managers eye Luxembourg
By setting up mutual funds offshore, managers can offer advantages of liquidity to their institutional clients while simultaneously raising funds from foreign investors.

