Press release
Fondo Ashmore Andino II, Ashmore Andean Fund II and Fondo de Capital Privado Mercantil Colpatria – Compartimento A sold their stake in Transinnova Usme S.A.S., to Milenio Capital S.A.S
Bogotá, Colombia, 25 June 2024
Ashmore Group plc announces the sale of Transinnova Usme S.A.S. (the “Company”) via its second private equity fund in Latin America, Fondo Ashmore Andino II – FCP and Ashmore Andean Fund II, LP, managed by its subsidiary Ashmore Management Company Colombia S.A.S. (“Ashmore Colombia”) to Milenio Capital S.A.S., a subsidiary of Fondo de Capital Privado BONUS – Compartimento Infraestructura I (“BONUS”). The Company is the concessionaire company providing the fleet for Phase IV of the integrated transport system of Bogota D.C. under the concession contract No. 687 of 2018, entered into with Transmilenio S.A.
The terms of the transaction were not disclosed.
About Ashmore Colombia
Ashmore Colombia is a private equity manager founded in 2009 with offices in Bogota and Lima, investing across Colombia, Peru and selectively Central America. Ashmore Colombia benefits from one of the largest teams on-the-ground, which has transacted across the region since the 1980s building an extensive network. Ashmore Colombia is part of Ashmore Group plc, a specialist Emerging Markets investment manager.
About BONUS
BONUS Gestión de Activos is a private equity manager fund that manages Fondo de Capital Privado BONUS, a private equity fund whose objective is to obtain attractive risk-adjusted returns in the medium and long term, through investments in equity or debt instruments.
