Publish in Special Reports - Monday, February 2, 2015
Grupo Aval led the way in Latin American IPOs last year. Here the Grupo Aval-owned Banco de Bogota tower in Colombia's capital. (Photo: Pedro Felipe)
The value of Latin America IPOs fell fivefold last year.
BY JOACHIM BAMRUD
The total value of Latin America IPOs only reached $3.4 billion last year, a dramatic fall from the $16.3 billion raised in 2013, according to a Latinvex analysis.
“Market conditions and the slow pace of political reform dampened investor enthusiasm for Brazilian equity, and the pace of IPOs all but ground to a halt in 2014,” says J. Allen Miller, Co-Head of the Latin America Practice at Chadbourne & Parke.
Latinvex counted ...
Keywords: Brazil, Chadbourne & Parke, Colombia, Mexico, Paul Hastings