I Squared Capital completed the acquisition of a stake in OCENSA pipeline, a crude oil pipeline in Colombia, from Advent International. Financial terms were not disclosed. "I Squared Capital has built a strong franchise across Latin America with more than $1.5bn invested in the power generation, transmission and midstream sectors. I Squared Capital’s investment in Colombia reinforces our strategy to expand our footprint into high-growth emerging markets with positive business environments and institutional frameworks," Adil Rahmathulla, I Squared Capital Managing Partner.