--- Connecting LPs & GPs worldwide
--- Connecting LPs & GPs worldwide
The figures for venture capital and private equity activity in Brazil for 2002 confirm the lacklustre year for the country in this arena. Private equity firms invested $164m in 34 deals last year, which represents a reduction of 76 per cent in dollars invested and 50 per cent in number of deals compared to 2001. This poor performance could be attributed to a delay in implementing investment plans by private equity firms and portfolio companies and the high volatility of foreign exchange rates, according to Stratus Investimentos.
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