Amadeus LAC Sustainable Growth Fund

inactive

The project consists of: (i) an IDB Invest investment of up to the lowest of US$10 million or 15% of the capital commitments in Amadeus V Latin America Sustainable Growth Fund LP (the “Fund”), a new fund with a target size of US$150 million that aims to provide “early growth” capital to 12-18 emerging technology-enabled high growth companies at series B-D across Latin America and the Caribbean (“LAC”); and (ii) an uncommitted facility of US$10 million for potential IDB Invest co‑investments (the “Facility”) in selected opportunities alongside the Fund, (the “Project”).The Fund will be managed by Amadeus Capital Partners (“Amadeus” or the “Manager”), a specialized UK investment manager in core technology themes driving global digital transformation with more than 20 years of global track record and seven in emerging markets (EMs).The primary development objective of the Project is to support the growth of young, innovative, and fast-growing firms in LAC, mainly in the sectors of financial services (FinTech); education (EdTech); software-as-a-service (SaaS); and next generation e-commerce (NextGen eCommerce), contributing to higher productivity, job creation, and ultimately, economic growth. The Project will also facilitate cross-border technology transfers, thus contributing to increased international integration as well as to the further development of LAC’s innovation ecosystem.