Presentation on theme: "Private Equity and Venture Capital in Latin America Forum The BVCA and ABVCAP present Regional partners."— Presentation transcript:
Private Equity and Venture Capital in Latin America Forum The BVCA and ABVCAP present Regional partners
November 2013 Presentation Private Equity & Venture Capital in Latin America Forum
3 Mantiq Investimentos Focus on Infrastructure. Net Asset Value: R$ 371 million. Deals in Execution: R$ 120 million. Focus on Oil & Gas services. Net Asset Value: R$ 73 million. Deals in Execution: R$ 116 million. Dry Powder: R$ 557 million. Focus on Infrastructure. Net Asset Value: R$ 1.4 Billion. InfraBrasil Fund Caixa Ambiental Fund Brasil Petróleo I & II Funds Current Portfolio Power Generation Waste Management & Environmental Services Toll roads O&G Equipment Steam Generation R$ 2.4 Billion in AuM. R$ 691 Million in Dry Powder. Focus on Infrastructure and Oil & Gas services. Same management team since 2006 and currently managing 4 PE funds.
4 InfraBrasil One of the first infrastructure private equity funds raised in Brazil. First close on July 2006; second close on December 2006. Raised R$ 820 million from largest Brazilian institutional investors. Invested over R$ 780 million and holds a portfolio of 3 direct equity investments and 7 mezzanine debt investments. Has distributed R$ 319 million to date and has a NAV of R$ 1.4 billion. Investments Note : Disbursed capital up to 28 March, 2013. Power 53.8% Toll Roads 12.5% Environmental Services 18.5% Water and Sewage 15.2% LandfillWater and SewageSmall Hydro PowerToll Roads
6 Renova Largest renewable energy company in Brazil. Market value of R$ 3.8 billion. Project Portfolio: Wind: 1.4 GW Hydro: 0.04 GW Project Pipeline: Wind: 4.4 GW Hydro: 1.4 GW Mantiq’s funds own 22.5% of the company. Mantiq is an investor since 2006. Power Purchase Agreement Signed (installed MW) CAGR 48% Highlights Stock Performance since IPO IBOV - 15% RNEW11 + 233% IRR (R$ based) X-Capital (R$) 32,5%3,6 X Mantiq’s unrealized return
7 Mantiq contribution Identified opportunity as a result of knowledge of the renewable energy market. Supported company throughout its growth. Contributed do strengthening of governance. Helped attract long term institutional / strategic investors. 2010201120122013 IPOLight invests R$ 360 million BNDES invests R$ 260 million CEMIG announces R$ 1,4 Billion investment 200720062009 Building first wind farm Common Shares Development of wind power pipeline Preferred Shares Construction of first hydro project Mezzanine Debt Mantiq’s support throughout growthAttraction of strategic investors