PRINT THIS PAGE Aureos strikes cooperation agreement with Costa Rica's junior stock market15/05/2008. Source: AltAssets. 
Aureos Capital's Emerge Central America Growth Fund (EMERGE) has signed a cooperation agreement with Carlos Mora de la Orden, authorised sponsor of Costa Rica's junior stock market MAPA. As a result of the agreement, the EMERGE fund will receive preferential access to invest in MAPA-sponsored companies by Mora de la Orden. In addition, Mora de la Orden will also inform EMERGE about companies with good growth potential that have not yet joined MAPA, according to a statement. Following its investment, the EMERGE Fund then registers those companies with MAPA, in order to obtain additional financing or to realise a sale. Companies that the EMERGE Fund has invested in and that could benefit from joining the MAPA market, either from securing new financing or from a sale to other investors, will be referred to MAPA.
MAPA was created by Costa Rica's main stock market, the Bolsa Nacional de Valores, to help fund small companies with growth potential.
EMERGE can invest in Panama, Nicaragua, El Salvador, Guatemala, Honduras, Costa Rica, Belize and the Dominican Republic
Aureos is in the process of raising capital for the $100m Aureos Central Asia Fund, the $300m Aureos Latin America Fund and the $400m Aureos Africa Fund.
Copyright © 2008 AltAssets
|
