Xepelin’s $230 Million Debt and Equity Financing Round

Guerrero Olivos, Gunderson Dettmer Stough Villeneuve Franklin & Hachigian and Cuatrecasas advised Xepelin on the round. Carey advised Manutara Ventures. Aninat advised Chile Ventures Administradora de Fondos de Inversion Privados S.A.

Xepelin, which has created a financial services platform for SMEs in Latin America, has secured $30 million in equity and $200 million in credit facilities.

LatAm venture fund Kaszek Ventures led the equity portion of the financing, which also included participation from partners of DST Global and a slew of other firms and founders/angel investors. LatAm- and U.S.-based asset managers and hedge funds — including Chilean pension funds — provided the credit facilities.

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian advised X Capital (Xepelin Holdings) with a team including  Daniel M. Green, Bradley D. Krack, Bob Zhao, Jenna Finegold, Jamilah Mena, Eduardo Espinosa de los Monteros Pereda.

In Chile, Cuatrecasas advised X Capital (Xepelin Holding) with Alfonso Ugarte and Josefina Yávar C.

Guerrer Olivos advised Xepelin on the transaction with a team including Pedro Lyon (Picture), Benjamín Ferrada, Alejandro Chechilnitzky, Francisca Martínez and Sofía Middleton.

Carey advised Manutara Ventures with Francisco Guzmán and  Andrés Latorre.

Aninat advised Chile Ventures Administradora de Fondos de Inversion Privados S.A. with María Eugenia Sabbagh, Luis Alberto Aninat and Miguel Dumay.

Involved fees earner: Luis Alberto Aninat – Aninat Abogados; Miguel Dumay – Aninat Abogados; María Eugenia Sabbagh – Aninat Abogados; Francisco Guzmán – Carey; Andrés Latorre – Carey; Alejandro Chechilnitzky – Guerrero Olivos; Benjamin Ferrada – Guerrero Olivos; Pedro Lyon – Guerrero Olivos; Francisca Martínez – Guerrero Olivos; Sofía Middleton Z. – Guerrero Olivos; Jenna Finegold – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Daniel Green – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Bradley Krack – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Jamilah Mena – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Bob Zhao – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian;

Law Firms: Aninat Abogados; Carey; Guerrero Olivos; Gunderson Dettmer Stough Villeneuve Franklin & Hachigian;

Clients: Chile Ventures Administradora de Fondos de Inversion Privados SA; Manutara Ventures; Xepelin Holding;