February 19, 2020 |
Private equity firm GEF Capital Partners plans to raise a $200 million fund in the second half of this year to finance a wave of environmentally and socially conscious investments in Brazil, sources told LatinFinance.
GEF holds stakes in three Brazilian companies and is in advanced negotiations to acquire stakes in three more companies in the food and agribusiness sector for between $20 million and $30 million each, said a source familiar with the firm's plans.
GEF has financed its acquisitions
Private equity firm plans to raise $200 mln for ESG acquisitions