Darby International Capital

Darby International Capital Announces the Closing of its 4th Fund Washington, DC, September 15th, 2025 - Darby International Capital LLC, a leading private debt investor in Latin America, announced the final close of its DIC Latin American Fund IV (“DICLAF IV”), at US$363 million achieving its largest fundraise in its 20 plus year franchise history. DICLAF IV is a regional Latin American private debt strategy that invests in financially sound middle market companies with proven management and established market positions. DICLAF IV will invest a significant portion in climate finance deals, making it the first private debt climate finance fund in the region. DICLAF IV’s investors are comprised of leading institutional investors from Europe, United States and Latin America, including investors who have committed to the strategy since the first fund in 1999. The fund’s investment team has extensive experience in Latin American private debt investing, having worked for more than 18 years on the strategy. The fund team operates out of offices in Washington, DC, São Paulo, Brazil and Bogotá, Colombia, creating a strong regional presence and proven deal sourcing networks. The fund team plans to continue its long track record of deploying capital with senior secured debt positions that include an equity kicker upside, resulting in attractive risk-adjusted returns for investors. The team has begun building the fund’s portfolio, investing in two companies to date: Brix Energia S.A., a Brazilian solar DG developer; and Avla, a leading regional insurance company with operations in Chile, Peru, Mexico and Brazil. Richard “Rick” H. Frank, Jr., CEO of Darby International Capital, commented: “We are honored by the strong support from our new and existing limited partners who committed to our 4th Latin American private debt fund. As a pioneer of private debt investing in the region, we see expanding opportunities in providing long-term credit financing in medium-sized companies that seek to expand their climate investment growth plans.” Ignacio Aicardi, CIO of Darby, added: “The shortage of long-term credit financing opportunities for medium-sized companies in Latin America positions our latest fund well to successfully deploy our investing strategy for the benefit of our portfolio companies and our investors.” About Darby International Capital LLC Darby International is a leading emerging markets private debt investor with a focus on Latin America and has offices in Washington, DC, Bogotá, Colombia, and São Paulo, Brazil. The firm was created after the team spun off from its previous firm, Darby Overseas Investments, Ltd. (a subsidiary of Franklin Resources, Inc.) For more information, visit www.darbyinternational.com or contact us at info@darbyinternational.com.

Darby International Capital Invests in AVLA Bermuda Holding Corp Ltd. WASHINGTON, DC, & BOGOTA, COLOMBIA, September 10th, 2025 – On July 30th, 2025, Darby International Capital LLC ("Darby") completed an investment in AVLA Bermuda Holding Corp Ltd (“AVLA”). This strategic investment underscores Darby’s commitment to supporting growth-oriented companies in key sectors throughout the region. AVLA, a leader in specialized insurance solutions for small and medium-sized enterprises (SMEs) across six countries, is positioned for continued expansion. This strategic investment from Darby will help AVLA pursue key initiatives and strengthen its market presence throughout Latin America. Darby also looks forward to partnering with AVLA in facilitating positive impacts across their impact focus areas: support for small and medium-sized enterprises, programs to support female entrepreneurs, and targeting positive environmental outcomes. "We are excited to partner with AVLA to support their strong potential for future growth," said Andres de la Cuesta, Senior Vice President at Darby. "This investment aligns with our long-standing strategy of identifying and supporting companies with robust business models, a strong commitment to sustainability, and exceptional management teams."   About Darby International Capital LLC Darby International Capital LLC is a leading emerging markets private debt investor with a focus on Latin America and has offices in Washington, DC, Bogotá, Colombia, and São Paulo, Brazil. The firm was created after the team spun off from its previous firm, Darby Overseas Investments, Ltd. (a subsidiary of Franklin Resources, Inc.). Darby International is not affiliated with Darby Overseas Investments, Ltd., Darby Overseas Partners, L.P., Franklin Resources, Inc. (NYSE: BEN) or any of their affiliates. For more information, visit www.darbyinternational.com or contact us at info@darbyinternational.com.