Paraguay enters a new phase of private capital and gains visibility among international investors

Paraguay is beginning to show signs of a new phase in its private capital market. A J.P. Morgan research report released after the Paraguay Investment Forum 2026 in New York highlights the growth of investment funds and the evolution of mergers and acquisitions. According to the analysis cited by Paraguay's Ministry of Industry and Commerce, M&A activity has risen from only a few transactions 15 years ago to around 7 to 8 deals per year today. Average deal size has increased from roughly USD 10 million a decade ago to about USD 50 million, while some transactions have reached USD 200 million.

More capital, more investment channels

J.P. Morgan identifies a larger presence of foreign investors in bigger Paraguayan companies, the gradual arrival of international private equity and venture capital funds, and the participation of more companies in the local equity market as possible next steps. The “Invest in Paraguay” event, organized in New York by the Paraguayan government together with J.P. Morgan, presented projects in infrastructure, logistics, manufacturing, agribusiness, forestry and energy to potential international sources of capital.

Radar view

The trend is already beginning to appear in concrete investment announcements. J.P. Morgan Natural Capital, together with Grupo Robinson, announced an investment of approximately USD 200 million to develop a large-scale sustainable forestry platform in Paraguay. Capital deployment is expected to begin in early 2027 and includes commercial forestry, native forest restoration and a strategy aimed at increasing local processing and value added.

For investors, the broader signal goes beyond a single transaction: Paraguay is beginning to widen the range of instruments and players capable of financing its growth. If this trend consolidates, traditional foreign direct investment could increasingly coexist with investment funds, private capital, larger corporate transactions and long-term partnerships. Radar Investment will follow the key question: how much of this international interest ultimately turns into deployed capital, executed projects and financing for Paraguayan companies.