September 18, 2013
Ontario Teachers' Pension Plan is making a $70m in Brazilian e-commerce fas
Ontario Teachers' Pension Plan is making a $70m in Brazilian e-commerce fashion retailer Dafiti Group, it says. The Canadian fund notes Dafiti's growth potential in Brazil and Latin America in online retail. Dafiti currently has operations in Brazil, Argentina, Chile, Colombia and Mexico, it says. Dafiti has also received $10m funding from shoe brand consortium Leon Group, and $225m over the past two years since it launched. JPMorgan and Quadrant Capital Advisors are among its major investors.