Data & Intelligence

Colombia´s Private Equity Industry: Checks and Balances in the Governance of Funds

Colombia is the fourth largest economy in Latin America with a stable political environment and strong projections. The National Development Plan  2018-2022 includes goals such as increased productivity, led by a deep transformation and digitalization of businesses with the purpose of linking small and medium producers and improving regulation and tax environments that, in the end, will facilitate entrepreneurial activity.

This article aims to illustrate some of the expectations of local institutional investors which they use in the process of selecting a general partner. In addition, we consider some ways the Colombian private equity industry is founding its governance on “checks and balances” that would lead to an easier fundraising process. These include a renewed focus on governance, transparency, and alignment of interests.

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Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

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Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

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David Rubenstein | Co-Founder and Co-Executive Chairman, The Carlyle Group

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Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

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Torbjorn Caesar | Senior Partner, Actis

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Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company