Private-equity funds in Chile added USD 2 billion in AUMs in 12 months

Local domiciled private-equity funds are enjoying strong growth just as the regulator is proposing increased limits on AFP investments in alternatives.

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Chilean firms Falcom and Larrain launch Lux fund targeting Mexican fixed income

The two firms are partnering to launch a Mexican fixed-income fund, Larrain Vial Falcom Mexican Fixed Income Fund. This strategy is a novelty among Luxembourg-domiciled SICAVs, and will give investors in Latin America, Europe and Asia a new way to gain exposure to Mexico.

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Leonidas Vial Echeverria resigns as board chairman of LarrainVial

In a related move, Larrain's local fund management unit, LarrainVial Administradora General de Fondos SA, said it will also replace two LarrainVial board members with independent directors.

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