Colombian private equity company launches second fund

Colombian private equity fund Dynamo Capital has tapped Alejandra Guzman as director of investments.

Her appointment comes as Dynamo closes its second film-financing vehicle. Its first near-$10 million film fund expired Jan. 2.

An open-ended revolving fund, the second vehicle will finance or co-produce three to five Colombian co-productions per year of varying budgets, Guzman said.

Guzman will oversee the second fund’s investments, working alongside Cristian Conti, Dynamo senior fund manager.

A Harvard MBA graduate, Guzman is also involved in initial fund-raising for a third, $150 million-$200 million private equity fund to invest in Latin American content and film, TV and animation companies.

The third fund would benefit production houses that “we see as having potential in the region but haven’t been able to expand from their own country due to a lack of capital, expertise or because they don’t have an international footprint,” Guzman said.

Dynamo has two films in post: Andres Baiz’s “Bunker: The Hidden Face,” a thriller produced with Sanford Panitch’s Fox Intl. Prods. and Spain’s Cactus Flower and Avalon, sold by FIP and Elle Driver; and serial killer thriller “Blind Alley,” produced by Dynamo, Spain’s Roxbury Pictures and Antena 3 Films, from scribe-turned-director Antonio Trashorras (“The Devil’s Backbone”).

Dynamo is now looking for projects in which to invest via its second fund. “The idea is to finance Colombian co-productions,” Guzman said. “But that doesn’t mean the film has to be a Colombian story or have a wholly Colombian cast or be made for just a Colombian audience.”

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