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Andrews Kurth Represented Pymar Fund LP

Firm assists in formation of fund which will help the development of venture capitalism in Argentina
November 13, 2009
Washington, DC

(Washington, DC)—Andrews Kurth represented Pymar Fund LP, an approximately $17 million private equity fund established on November 4, 2009, to invest in high-growth companies in Argentina to promote the development of a venture capital industry in Argentina. 

Andrews Kurth assisted in formation of the fund which will provide equity financing for small and medium size enterprises with fewer than 100 employees in targeted business sectors including information technology services, receptive tourism services, multimedia contents, biotechnology, medical devices and services, outsourcing, niche opportunities in the food industry and the metal mechanics sectors. 

Investors in the fund include multilateral institutions active throughout Latin America (the Multilateral Investment Fund and the Corporación Andina de Fomento (CAF) (Andean Development Corporation)), as well as two Spanish institutions (Fundación Empresa y Crecimiento and the official development finance corporation Compañía Española de Financiación del Desarrollo (COFIDES))."   

Andrews Kurth Lawyers:

Vera Rechsteiner - Partner

Andrew Tucker - Partner

Evan Williams - Associate

About Andrews Kurth LLP

For more than a century, Andrews Kurth has built its practice on the belief that “straight talk is good business.” Real answers, clear vision and mutual respect define the firm’s relationships with clients, colleagues, communities and employees. With 400 lawyers and offices in Austin, Beijing, Dallas, Houston, London, New York, The Woodlands and Washington, DC, Andrews Kurth represents a wide array of clients in multiple industries. For more information about Andrews Kurth, please visit andrewskurth.com.

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