After a 4-year break, a new edition of the event will take place next month. Argentine Investment Forum 2024. The meeting aims position the country as a regional leader in the global investment ecosystem. More than 500 experts and investment leaders from around the world will participate, including private equity managers, venture capital funds, corporate investors and family offices, as well as representatives of the national government, corporations and startups.
It is organized by the Argentine Association of Private Capital, Entrepreneurship and Seed (ARCAP) and the Argentine Agency for Investment and International Trade (AAICI). It will be held on Tuesday, October 29 at the Libertad Palace, the new name of the former Kirchner Cultural Center (CCK).
The president of ARCAP, Mariano Mayer, confirmed a list of special participants including Guillermo Rauch, founder and CEO of the unicorn Vercel; Eric Acher, Co-Founder of the specialized technology fund Monashees Capital and Patricia Pomies, Chief Operating Officer of Globant.
There will also be Magdalena Coronel, Chief Investment Officer of IBD Lab; Susana García Robles, Managing Partner of Capria Ventures; Eduardo Elsztain, president of IRSA; Borja Martel, Co-Founder of Roxom; Gastón Irigoyen, CEO of Pomelo, and Tomás Mindlin, CEO of Tapi, among others, who will share their perspectives on the growth of venture capital and the evolution of the entrepreneurial ecosystem.
“Argentina is advancing, with firm steps, towards a profound transformation of its economic and financial growth paradigm. This is a transcendent change to consolidate the positioning of our solid and innovative production and business ecosystem as a benchmark in the region and the world. From the Argentine Investment Forum We accompany this change of era as a unique platform to connect the main international investors with the projects, talents and strategic opportunities of our country in a challenging global context,” commented Mariano Mayer in a press conference in which he participated. Scope.
“After 4 years the investment forum returns. We are excited about the new business climate that is beginning to take shape. “We want to collaborate to attract investors from the rest of the world so that they can see first-hand what is happening with the Argentine economy and become interested in investing,” he added.
The fall in venture capital investment reached a floor
Mayer knows first-hand what is happening in the country with venture capital. He is one of the founders of Newtopia VC, a fund that invests in Latin American technology startups.
“The process of venture capital investments in recent years It was subject to ups and downs, accompanying the ups and downs of the Argentine economy. The fall of recent years was a global phenomenon and not just in Argentina. Now we believe that it has stabilized and that We are on a floor and it will not continue to fall”he explained.
And he put into numbers what reality has been showing: “Currently we are at about US$4,000 million annually, well above the US$500 million to which it fell in 2016, but still very far away “from the peak of US$16 billion that was recorded in 2021.”
According to Mayer, “the lowering of rates globally is helping this recovery, added to the fact that Argentina is going through a good time despite the markets. Furthermore, it is a country that is very far from the main centers of world conflict.”
“We are very optimistic. The opportunities remain. Firms such as Tapi, Pomelo, Mercado Libre or Nubank are showing results that They are a reflection of the improvement in the context. A process of generating trust is taking place, which, added to the measures that are being taken, we hope will result in greater stabilization and deregulation,” he added.
Among the speakers who will participate in the forum is the former soccer player and current president of the club Students of La PlataJuan Sebastián Verón. This led to a consultation Scope about what potential investment funds see in the world of sports in Argentina.
“There are already venture capital investments in technology-based companies that are suppliers to the world of sports. For example, Oliver, a company from Córdoba that created a device that is placed in soccer players’ socks to track their performance on the playing field. It is an economical service, which allows it to be used in the amateur field by clubs of all levels. They have already reached an agreement with Barcelona. And they are starting to enter the United States. And there are many more cases of technology-based companies applied to sports,” Mayer responded.
Regarding the inclusion of the Little Witch Verón in the list of speakers, he commented: “We summoned Verón because We are interested in addressing the universe of sports and entertainment as another alternative within traditional sectors such as energy, mining or agriculture. But in this case it would not be a venture capital operation but rather private equity funds, which target companies with greater development in those sectors.”
The topics to be addressed in the Investment Forum
The programming of the 2024 edition of the Argentine Investment Forum will include round tables and panels focusing on the following topics:
–Global and regional trends in venture capital and private equity: what other countries are doing
–The opportunity to invest in the future of Argentina: fintech, agtech, biotech, energy, mining, knowledge economy and other high potential sectors
–Artificial Intelligencel: Argentina’s potential as a regional innovation hub.
–RIGI: the regulatory framework to look at the long term
–The development of the private capital sector: Institutional investors, Private Equity, Corporate VC and Seed Capital, and the conditions of Latin America
–Women entrepreneurs and Entrepreneurs: how to promote new generations from Argentina to the world
–Alternative investments and success stories in local ecosystems
–Argentina + Brazil: Strategic alliances to promote regional investments
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
