Carlyle Bolsters Brazil LBO Business

Carlyle Bolsters Brazil LBO Business

People Corporate & Sovereign Strategy

Carlyle has tapped Fernando Borges, CEO of AIG Capital Investments do Brasil, to spearhead its new Brazilian LBO business, a senior person close to the initiative tells LatinFinance. Earlier this year Borges led AIG's effort to acquire Providencia Industria e Comercio, a Brazilian textile manufacturer for $432m. Three other investors, including Banco Espirito Santo and the Constantino family, which controls Gol Linhas Aereas, also participated in the deal. Carlyle has a buyout group in Mexico an

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