RT Journal Article
SR Electronic
T1 The Venture Capital and Private Equity Industry in Brazil
JF The Journal of Private Equity
FD Institutional Investor Journals
SP 46
OP 67
DO 10.3905/jpe.2001.319995
VO 4
IS 4
A1 Gonzalo Checa
A1 Ernesto Leme
A1 Claudio Schreier
YR 2001
UL https://pm-research.com/content/4/4/46.abstract
AB As the world's second largest recipient of Foreign Direct Investment, Brazil received 50% of the Private Equity funds directed towards Latin America in 2000. However Brazil's Venture Capital and Private Equity industries still face many challenges. The high level of real interest rates during the last decade, the small participation of pension funds in the market, and the poor development of the capital markets are among the main limitations going forward. Striking differences exist between the private equity industries in Brazil and the United States, and some interesting alternative development models for Brazil are explored.