AXA Capital Chile I
- Growth/Expansion and small buyout fund launched in 2006 focused on the development of Chilean small and medium-sized companies
- Managed by Ecus Private Equity, the only Chilean fund manager associated to a global private equity fund manager
- $30 million-sized fund, provided by AXA Group and CORFO (through its “F.2.” program)
- AXA Group: 25% of total commitment
- CORFO: 75% of total commitment
- Multisectorial fund, invested in four leading companies participating in high-potential sectors
- Generally a controlling interest
- Targeted companies with sales between $10 million and $20 million
- Between $3 million and $8 million invested in each company
- Fund acts as a “hands-on” shareholder
- Provides strategic support to its portfolio companies through a constant and proactive participation with the management
- Does an adequate monitoring of the management, ensuring the achievement of the proposed objectives
- Actively participates in all of its portfolio companies’ boards and committees
- Investment period finished in January 2010. Divestment period to expire in January 2014