CAMIF II: A venture capital fund for infrastructure in Latin America and the Caribbean

Belize Colombia Costa Rica Haïti Guatemala Honduras Jamaica Mexico Nicaragua Panama Salvador Multi-country Latin America and the Caribbean
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CAMIF II, un fonds de capital-développement pour les infrastructures en Amérique latine et aux Caraïbes
CAMIF II, a development capital fund managed by EMP Latin America, finances infrastructure projects in Central America, the Caribbean, Mexico and Colombia. It targets SMEs leading greenfield projects.
Client presentation
EMP Latin America (Emerging Markets Partnership Latin America) is one of the main fund managers in Latin America and the Caribbean. Its subsidiary, LAP Latin America Partners LLC, has been managing the CAMIF I fund since 2008 and, building on this success, will be in charge of managing the second fund, CAMIF II, which has similar characteristics.
Project description
Proparco invested in the mezzanine and private equity fund CAMIF II during its first closing. The aim of this fund will be to invest in infrastructure projects, with a focus on the sectors of energy, transport, telecommunications, water and sanitation, health and education. It will operate in the Central America, Caribbean, Mexico and Colombia zone, and will target SMEs and greenfield projects.
Project impact
This operation will support infrastructure development in Latin America, particularly in Central America, where it suffers from chronic underinvestment. It will also improve access to capital for SMEs and greenfield projects, which have difficulty obtaining financing. In addition, it will contribute to developing environmental and social (E&S) best practices in the region, as the CAMIF II fund has adopted high international E&S standards.
14/05/2014
Date of signature of the project
Sectors
Belize Colombia Costa Rica Haïti Guatemala Honduras Jamaica Mexico Nicaragua Panama Salvador Multi-country Latin America and the Caribbean
Location
Financing tool
8 236 554 Euros
Amount of funding
Equity investment of EUR 10m
Financing details
Central American Mezzanine Infrastructure Fund II
Client
CES