UPDATE: 4/25/13, 12:50 p.m. EST. The names of the Sullivan & Cromwell lawyers advising BBVA have been added to the 18th paragraph of this story.

From the Darien Gap in Colombia to the Cape Horn of Chile, Latin American economies are entering an age of stability and growth, with private equity and venture capital firms expanding their investments in the region, according to a recent report by The New York Times.