Article
Cate Ambrose is president and executive director of The Latin American Private Equity & Venture Capital Association, which Knight Foundation supports to propel Miami’s community of entrepreneurs and innovators. Photo credit: Carlos Granier on Flickr.com. As the venture and entrepreneurial ecosystem in Miami evolves, one critical piece is cultivating the community of investors who will back venture funds. High-net-worth individuals and family offices are a natural source of capital for venture managers and entrepreneurs, but as a first step, potential investors need to fully understand the asset class. In the current market, there is no clear delineation between investing in small and medium-sized enterprises (including restaurant chains or real estate) versus high-impact technology (such as information technology, life sciences and other high-growth industries). As a not-for-profit organization, The Latin American Private Equity & Venture Capital Association's mission is to develop the investment industry in the Americas through capacity building, entrepreneurship and social enterprise. With the support of Knight Foundation, Omidyar Network and SIME MIA we are hosting a private half-day program in Miami to facilitate practical, action-oriented discussions among leading U.S. and international venture investors, family offices, high-net-worth individuals and selected entrepreneurs.
