Home / BNDES looks to PE funds, direct investment amid growth-company push

BNDES looks to PE funds, direct investment amid growth-company push

BNDES looks to PE funds, direct investment amid growth-company push

April 16, 2014
Brazil’s development bank will invest in up to 12 private equity companies and support Bovespa Mais trading, in a drive to facilitate capital markets access for the country’s smaller firms

Equity

               Source: BNDES  BNDES, Brazil’s development bank, will inject BRL2 billion ($895 million) in up to 12 private equity and venture capital funds over the next two years, as part of a BRL3 billion program to support Brazilian companies accessing equity markets that was announced on Tuesday.BNDES will choose the funds through four public tenders — a change from a previous strategy whereby the bank established the fund bef

Already have an account?

    Forgot your password?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial