Latin America: As Brazil falls, private equity rises
Every cloud has a silver lining, and private equity firms are pretty good at finding them. Is that why they are now targeting crisis-hit Brazil? Have they learnt from their poor recent performance?
The news that CVC was opening an office in São Paulo intrigued many in Brazil’s financial capital. The private equity firm has long been interested in the country, so its decision to open an office seemed important in terms of timing.