Brazil’s private equity industry is attracting growing interest from international and local funds, with infrastructure heading the list of investment opportunities.
“I have had several fund managers tell me that even though fund-raising is very hard in the US and other emerging markets, investors want to get into Latin America. They particularly want exposure to Brazil,” says Cate Ambrose, president of the Latin America Venture Capital and Private Equity Association.
In a sign of the level of interest from foreign investors to the region, Advent, one of the world’s biggest private equity firms, is likely to announce that it has raised a $1.5
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