They add investments of more than US $ 350 million, and they expect to triple the number by 2020.
The key is to get involved in the companies where they invest, says Rodrigo Castro, president of the recently inaugurated Chilean Venture Capital Association, which brings together 7 managers. The industry in Chile manages 15 investment funds for about US $350 million.
The venture capital industry, widely distributed in the world (in the US alone, moves US $165 billion), is relatively new in Chile. It started in the middle of the last decade, and with Corfo leverage mainly, managed to raise private capital to support innovative projects in various economic areas of the country. From here, the next Facebook could perfectly says Castro, just before leaving for the US. To meet with their peers.
The association is made up of Magma, Alaya Capital Partner, Manutara, Genesis Ventures,
Mountain Nazca, RaiCap and Nxtp Labs, and Carey supports them.
Expectations, says Castro, is that by 2020, venture capital, beyond being part of an entrepreneurial ecosystem will transform into an industry and move on the order of US $ 1 billion in funds. And for that to happen, AFP investments are key. Today we are being watched by SVS, Corfo, but we lack the Pensions Superintendence look at and regulate us says the president of the guild.
Source: http://www.latercera.com/noticia/gestoras-fondos- venture-capital- arman-