ColCapital is an economic development agency based in Bogota, Colombia. Established in 2012, the agency is the Colombian Association of Private Equity, focused on fostering, developing and promoting the integrated needs of the private equity funds industry in Colombia. It brings together various industry participants including associates - general partners, and affiliates - professional services firms pursuing the common goal to achieve development for the private equity industry in Colombia. The association also aims to increase the flow of capital into the industry through the promotion and participation of the local and global investment community as well as position and promote the industry among other actors in the economy and relevant stakeholders. The assets of the agency are managed by the eleven-member board of directors.ColCapital has 119 members, among local and international firms, which manage approximately US$16 billion represented in 111 funds.