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

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

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

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