October 24, 2008
Brysam Global Partners has acquired an 18.8% stake in Colombian bank BSCS f
Brysam Global Partners has acquired an 18.8% stake in Colombian bank BSCS for $98m, the latter said. BSCS is Colombia’s eighth largest bank and has a 4% market share in terms of assets, which surpass COP6bn. Brysam is a private equity fund that focuses on emerging markets and mainly handles cash for JPMorgan. Neither party disclosed the names of the advisors involved.