SinoLatin Capital has launched has an advisory firm focused exclusively on cross-border transactions between China and Latin America. Two of the firm’s three founders, Rafael Valdez Mingramm and Erik Bethel, previously worked with Chinese private equity firm ChinaVest.
SinoLatin Capital (www.sinolatincapital.com) launched today as the first investment advisory firm focused exclusively on cross-border transactions between China and Latin America. Located in Shanghai’s financial district, SinoLatin assists Latin American companies seeking both equity and debt financing from the Chinese market.
The firm boasts a team of experienced China-Latin American investment bankers who have over US$25 billion in deal experience and collectively over 50 years of combined experience at major investment banks and private equity firms, including Morgan Stanley, J.P. Morgan, ChinaVest, UBS, Deutsche Bank, Merrill Lynch and Emerging Markets Partnership. The team’s experience includes transactions for Celulosa Arauco, Companhia Siderurgica de Tubarao-CST, Kansas City de Mexico-TFM, Bachoco, TMM, and Gruma as well as the successful re-profiling of the Republic of Uruguay’s external debt, the restructuring of the Dominican Republic’s external debt and the unprecedented re-profiling of the Republic of Peru Paris Club obligations. The firm currently has a US$5 billion deal pipeline that includes three exclusive fundraising mandates totaling US$320 million, including financing a US$200 million Brazilian soybean company, a US$100 million forestry plantation and a US$20 million farming operation, both in Uruguay.
“We are uniquely positioned to assist Latin American companies seeking to access Chinese investment capital which is becomingly an increasingly vital center for global finance,” said Erik Bethel, SinoLatin Capital’s CEO and Founding Partner.Uniquely positioned to leverage its on-the-ground presence in China and its deep Latin America expertise, SinoLatin Capital provides financial products and services to private and institutional investors and corporate clients, while creating value with its insight and enhancing social entrepreneurship in China and Latin America. The firm has three core businesses – investment banking advisory, private equity and research. It will focus on sectors of strategic interest to China, including agribusiness, manufacturing, forestry, mining and infrastructure.
As the fastest growing major market in the world, China has emerged as a net exporter of capital and importer of natural resources. It is increasingly forging close trade and investment ties with Latin America. This bourgeoning strategic relationship serves the interests of both regions, with China leveraging its commodity import relationship to develop new markets for its goods while Latin America seeks foreign direct investment to encourage economic growth. Last year, trade between the two regions totaled US$140 billion while Chinese cumulative foreign direct investment in the region was US$24 billion.