Santiago, Chile-based Linzor Capital Partners is in the market, fundraising for its second fund. The firm, which held an interim close of $32 million, according to a filing with the Securities and Exchange Commission Friday, did not disclose a target for the new vehicle.

Linzor was formed by JPMorgan veteran Timothy Purcell in 2006. Purcell had spent 15 years at the bank, before jumping to its in-house private equity arm, JPMorgan Partners in 2001. There, he headed the firm’s Latin American coverage. Linzor was formed the same year JPMorgan’s North American private equity business spun out as CCMP Capital.

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