Interest in investing private equity dollars in Latin America continue to grow. Brazil deals ranked among the top five largest investments this year. PE investment in Brazil increasing 53% in the first six months of 2010 over full year 2009 totals. Much of the $4.5 billion in emerging markets private equity investments in the firstContinue reading “Emerging Markets top Private Equity investment in 2010”
Tag Archives: Brazil
Brazil’s agricultural miracle
The Economist has a briefing on Brazilian farms. Even more striking than the fact of its success has been the manner of it. Brazil has followed more or less the opposite of the agro-pessimists’ prescription. For them, sustainability is the greatest virtue and is best achieved by encouraging small farms and organic practices. They frownContinue reading “Brazil’s agricultural miracle”
Venture Capital on the rise in Brazil
Until now, Brazilian entrepreneurs did not know what venture capital meant. High interest rates and heavy bureaucracy were burdens preventing VC. But now, all eyes are over Brazil. Recent article in Times Magazine available at Yahoo Finance praises VC in tech companies. “Macro reasons” to boost VC Brazil is expected to grow by 7.1% this year and soarContinue reading “Venture Capital on the rise in Brazil”
BNDES needs greater transparency?
The Economist has a piece on BNDES, advocating greater transparency, and noting the influence of the organization. EIKE BATISTA, Brazil’s richest man, calls BNDES, the country’s state-owned development bank, “the best bank in the world”. But a former BNDES chairman, Luiz Carlos Mendonça de Barros, says it is a serpent’s egg—a reference to a filmContinue reading “BNDES needs greater transparency?”
A country of “Nouveaux Riches” .. yet Brazil is 3rd income inequality
Luxury items? Doing fine thank you. A recent survey by consulting firm PonteEstratégia revealed that middle class Brazilians(earning R$1,500-R$5,000 per month) spend 30% to 60% of their income on luxury items. On the same note, GFK institute and MCF consultancy announced that the luxury market in Brazil will grow more than the economy as a whole; 23%Continue reading “A country of “Nouveaux Riches” .. yet Brazil is 3rd income inequality”