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Investor Presentaiton

4.5 Challenges & Expectations Data Analysis Among the 16 respondents who shared their current challenges, the most commonly cited were "Fundraising/Availability of Capital" and "Development of ecosystem players" (6 mentions each), followed by "Appropriate investment vehicle" (4). The same three challenges were the most commonly selected by investors for the Latin American region as a whole. Eight local investors are planning to fundraise in 2018 and twelve in 2019, totaling $190M. Based on responses from 14 investors, total investment expectations for 2018-2019 are $213m. This would represent a considerable increase from the total invested in 2016-2017. Figure 8 Top Challenges FUNDRAISING/ AVAILABILITY OF CAPITAL APPROPRIATE INVESTMENT VEHICLE Table 13 Expected Investments in 2018-2019 by Headquarters Location Number of responses HQ in Brazil HQ Outside Brazil TOTAL Amount of 6 6 4 3 capital to be invested (US$M) 14 $143 $71 $ 213 Number of investments 15 91 85 176 n=16 DEVELOPMENT OF ECOSYSTEM PLAYERS DEAL SOURCING 29
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