Skip to main content

Company name

Valor Opportunity Fund II, L.P

Project number

13818-01

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

N/A

Status

In implementation

Disclosed date

03/15/2022

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
tooltip

06/07/2022

Approval date

06/07/2022

Signed date

07/29/2022

Sponsoring entity

N/A

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

N/A

Financing amount

USD $ 10,000,000

Currency

USD

Project scope and objective

The project consists of an equity investment of $10 million in the Valor Opportunity Fund II LP (“VOFII” or “Fund”), which aims to provide early growth equity for technology-enabled companies in Latin America and the Caribbean (“LAC”) with Brazil being its main geographical target. VOFII will be managed by Valor Capital Group (“Valor” or the “Fund Manager”). Established in 2011, Valor is one of the most active venture capital (“VC”) investment firms in LAC with an exceptional track record. Valor is currently fundraising $500 million for two funds (including VOFII) and has successfully raised and invested five other funds with total AUM worth US$2.2 billion.

 

With a target size of US$250 million, VOFII will invest in approximately 10-15 “early growth” venture‑backed companies (Series B+) across LAC in sectors such as financial services, education, mobility, logistics, consumer & retail and health.

 

The Fund will invest in breakout companies, which are expanding and require larger amounts of capital than the amount available from Valor’s early-stage funds, allocating at least 50% of the Fund to such investments. VOFII may also invest in businesses that are not in the portfolios of Valor funds.

 

The Fund will provide capital for young, innovative and fast-growing firms across the region. Contributing to job creation, higher productivity, and ultimately, economic growth. The Project is also expected to facilitate cross-border technology transfers and will thus contribute to the further development of the regional innovation ecosystem.

 

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .

Environmental and social review

IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.

VOFII - 13818-01 - ESRS

112.6 Kb

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .

Contact information

For inquiries, comments and information requests about the project

Request information

Alternatively, you may also use the following contact information :

Client Contact

EMAIL

scott.sobel@valorcapitalgroup.com

PHONE NUMBER

1-212-803-7174

POST OFFICE ADDRESS

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .