📋 Tender Overview
COMPANY NAME
Valor Growth Americas III LP
PROJECT NUMBER
15599-01
FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
E&S CATEGORY tooltip
FI-2
COUNTRY
Regional
SECTOR
Investment Funds
STATUS
Proposed
DISCLOSED DATE
09/30/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
11/25/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
N/A
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Financial Institutions Division
INVESTMENT TYPE
Equity
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 10,000,000
CURRENCY
USD
Project scope and objective
The project consists of an equity investment of up to the lesser of US$30 million or 20% of the capital of Valor Growth Americas III, L.P. ( VGA III or the Fund ), a private equity fund designed to provide growth equity for late-stage venture-backed innovative and technology-enabled companies conducting business in Latin America and the Caribbean ( LAC ). VGA III will be managed by Valor Capital Group ( Valor ), one of the most active venture capital firms in LAC. With an initial focus on Brazil and now expanded to LAC, Valor has successfully raised and invested six other funds with total Assets under Management ( AUM ) exceeding US$1.6 billion.
With a target size of US$300 million, VGA III will be one of the few LAC-focused growth equity funds in the marketplace. The Fund expects to invest in 14–16 growth companies (Series B to Pre-IPO) operating across fintech, blockchain, artificial intelligence, software, and climate tech, with practical applications in the education, e-commerce, financial, agricultural, logistics, and healthcare sectors, among others.
The Fund’s investment strategy contemplates allocating around one-third of its capital in breakout companies from Valor’s early-stage funds that are expanding. Valor expects to allocate another one-third of the Fund to global tech-enabled companies entering the LAC market and the last one-third to attractive early growth LAC tech-enabled companies not yet represented in Valor’s VC portfolios.
The Fund will provide capital for tech-enabled, innovative, and fast-growing firms across the region, contributing to job creation, higher productivity, financial inclusion, and ultimately, economic growth. The project is also expected to facilitate cross-border technology transfers and will thus contribute to the further development of
