For global asset managers setting their sights on tapping into
LatAm's potential, Brazil is the go-to option for structuring
onshore fund vehicles.
When it comes to investing in Latin America's private
markets, Brazil leads the way, accounting for 58 percent of all
Private Equity and Venture Capital investment in 2019 according to
the Association for Private Capital Investment in Latin America
('LAVCA'). Some of the notable deals completed last year
included: SoftBank acquiring shares worth USD344 million in Banco
Inter; Brookfield Asset Management's USD1.8 billion acquisition
of Ascenty, a Brazilian data centre operator, in a joint venture
with Digital Realty; and H.I.G. Capital's acquisition of
glassware manufacturer Nadir Figueiredo for USD224 million.
