services founded 2009 founders erik bethel luis gomez cobo rafael valdez mingramm headquarters shanghai products investment banking merchant banking website www.sinolationcapital.com sinolatin capital is a shanghai based merchant bank specializing in private equity and research focused exclusively on cross border transactions between china and latin america . 1 2 the firm also provides advisory services related to mergers and acquisitions corporate restructurings and financings . additionally the firm manages a pool capital for private equity investments . sinolatin capital focuses on sectors of strategic importance to chinese investors such as oil and gas mining agribusiness and forestry . latin america is a natural resource rich region that produces vast amounts of these commodities much of which is now being exported to china . highlighting this growing trend in 2009 china became brazil s largest trading partner 3 and has growing trade relationships with many countries of the region . the firm also produces research on the fundamentals for sino latin trade 4 and provides a thought leadership framework for why the world should expect an increase in foreign direct investment by chinese companies into latin america . 5 the firm was founded in 2009 by erik bethel gonzalez luis gomez cobo rafael valdez mingramm and jorge barreda cruz . 6 contents 1 background 2 history 3 private equity 4 recent examples of chinese outbound investment in latin america 5 references background edit the people s republic of china instituted its go global strategy to encourage its enterprises to invest overseas as china has amassed huge amounts of foreign reserves . 7 in november 2008 the chinese government unveiled its policy paper on latin america and the caribbean 8 which was a call to both sides to increase the dialog and person to person exchanges at every level . at the same time there has been an increase in the frequency of visits by high level chinese delegations to latin america and trade agreements 9 signed which lay the groundwork to bridge these two complementary regions together . like africa and australia before it latin america has become of strategic importance as china continues its efforts to secure a long term supply of commodities to grow its gdp . for example agriculture in china faces the limitations of having 10 % of the world s total arable land support 20 % of the world s population requiring the country to seek secure sources of external food supplies . additionally urbanization in china will necessitate that china continue to make large scale strategic investments whether they be majority or minority stakes in private or public corporations or greenfield projects in the commodities arena . 10 latin america is a logical place to source commodities like iron ore copper and soy and recent deal activity highlight this trend . beyond commodities china can benefit from an increase in commercial ties in the areas of banking tourism manufacturing and infrastructure investments . history edit sinolatin capital was founded by three partners senior investment banker and current ceo erik bethel entrepreneur and current chairman luis gomez cobo and founding partner rafael valdez mingramm . mr. bethel previously worked at chinavest the oldest private equity fund in mainland china and in the latin american mergers and acquisitions corporate finance and private equity groups at morgan stanley j.p. morgan partners emerging markets partnership and compass point capital partners . he is based in shanghai china . mr. cobo co founded sinolatin capital and served as ceo of los olivos alimentos a leading mexican agribusiness firm . he has wide experience in making private investments and participating in several enterprises including los olivos alimentos saeta continental figo transport empacadora zan alfonso nueva tecnolog a en alimentaci n nutec and ganaderos productores de leche pura alpura . mr. mingramm co founded sinolatin capital and worked at chinavest as a consultant for proventures a financial advisory firm based in new york and advised the synergos institute on sustainable development initiatives along the u.s. mexico border . on january 2011 mingramm left slc to pursue other ventures . on may 2009 jorge barreda joined as partner of sinolatin capital . previously he was heading the andean region effort at ubs investment bank where he was an executive director . prior to ubs he was a vice president at deutsche bank where he originated capital markets structured notes and derivatives transactions . the firm has also befitted from the financial crisis of 2008 as it has allowed boutique investment banking firms such as sinolatin capital to hire top talent from bulge bracket investment banks that had been heavily impacted in the crisis . 11 private equity edit as of march 2010 sinolatin capital s subsidiary in china will be a private equity investment management company or in chinese . the license allows sinolatin capital to raise and manage private equity funds denominated in chinese rmb . sinolatin capital is one of a first foreign financial institutions to be granted the license in china . it now joins a very small group foreign private equity firms with this status including the carlyle group blackstone group and apax partners . to date sinolatin capital is also the only latin america focused firm that has been approved to manage private equity funds in china . in 2012 sinolatin capital s subsidiary slia investments was appointed to manage a pool of equity and debt capital by the inter american development bank and china export import bank . 12 recent examples of chinese outbound investment in latin america edit the following is a list of notable acquisitions and investments performed by chinese companies in the area of commodities in latin america march 2010 east china mineral exploration and development bureau ece is expected to acquire an iron ore mine in brazil ; 13 december 2009 wuhan iron & steel agreed to pay 400 million for a minority state of brazil s mining company mmx under the ebx group ; 14 15 december 2009 shunde rixin development company acquires 70 percent stake in an iron ore mine in chile ; 16 december 2009 china railway construction corp. ltd. and tongling nonferrous metals group holdings co. offered to buy corriente resources inc. for us 649 million ; 17 references edit this article has an unclear citation style . the references used may be made clearer with a different or consistent style of citation footnoting or external linking . january 2010 learn how and when to remove this template message http eleconomista.com.mx notas impreso valores 2009 10 08 sinolatin une china http www.elpais.com articulo economia china abre inversiones latinoamerica elpepuintlat 20090923elpepueco 1 tes moore malcolm 2009 05 09 . china overtakes the us as brazil s largest trading partner . the daily telegraph . london . retrieved 2010 05 23 . 1 romero simon ; barrionuevo alexei 2009 04 16 . deals help china expand sway in latin america . the new york times . retrieved 2010 05 23 . 2 3 4 5 http english.peopledaily.com.cn 90001 90776 90883 6822048.html http www.chinaeconomicreview.com cer 2009 05 fundamentals unchanged.html . missing or empty title help crisis altering wall st. as stars begin to scatter . idb investment platform for latin america and the caribbean . www.iadb.org . retrieved 2015 08 21 . http www.chinadaily.com.cn bizchina 2010 03 25 content 9643458.htm http business.globaltimes.cn industries 2009 12 488628 . html china s wuhan steel to pay 400 million for mmx stake update4 . bloomberg . 2009 11 30 . http business.globaltimes.cn industries 2009 12 495449 . html luk lorraine ; behrmann elisabeth 2009 12 30 . china railway tongling offer to buy corriente . the wall street journal . retrieved from https en.wikipedia.org w index.php title sinolatin capital & oldid 683673752 categories international tradeinvestment banksfinancial 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