Hamilton Lane, an independent financial institution that provides discretionary and non-discretionary private equity asset management services to sophisticated investors, Thursday announced that it is planning to open an office in Rio de Janeiro in order to act as asset manager in Brazil and has hired Ricardo Fernandez Silva, Jr. and Filipe Caldas as Vice Presidents [...]

CIT Group Inc, a leading provider of financing to small businesses and middle market companies, and Dell Tuesday announced the launch of two preferred partnership financing programs in Brazil and Mexico. The programs will provide financing to large enterprise customers looking to acquire Dell solutions.
Ron Arrington, Global President, CIT Vendor Finance, reiterated his delight to [...]

Travelex, the world’s leading foreign exchange specialist, Friday announced its entry into the Brazilian market through the acquisition of Grupo Confidence (Confidence), Brazil’s largest independent foreign exchange business. The transaction is consistent with Travelex’s growth strategy, which is focused on expanding in fast growing regions and emerging markets.
Under the terms of the agreement, Travelex will [...]

Cielo S.A., the leading merchant acquirer and payment processor in Brazil, announced that it has acquired 100 per cent of the capital stock of Brazil’s leading company in payment processing for e-commerce, Braspag – Tecnologia em Pagamento Ltda. (Braspag). The acquisition was undertaken via a subsidiary of Cielo S.A.
Founded in 2005, Braspag is known for [...]

Cayman Islands based Equity Partners Fund SPC has established a new segregated portfolio which will conduct business under the name Funchal Equity Partners Fund to make investments into Brazil.
Banif Banco de Investimento (Brazil) S.A. has been engaged to conduct valuations of potential transactions and to assist in the hiring of companies that can conduct due [...]

ClickOn, one of the leading group buying sites in Brazil, closed a round of financing with Mosaico, an Organizacoes Globo company focused on investing in Internet businesses. With the deal, Mosaico now acquires 40% of ClickOn. The group-buying market in Brazil should exceed US$ 700 million in sales in 2011 and continues to be the [...]

3i Group plc, an international investor focused on Private Equity, Infrastructure and Debt Management, has appointed Marcelo Di Lorenzo, previously of Standard Bank Private Equity, to head its newly-established office and team in Brazil.
Marcelo will head a team which has an established track record over the last 15 years, having worked on private equity transactions [...]

One Equity Partners (OEP) has acquired 50% of Portal de Documentos, a Brazilian company that licenses a web-based platform to expedite and automate the recovery of delinquent consumer loans. One Equity Partners is the merchant banking investment arm of JPMorgan Chase & Co. This is the first investment that OEP has made in Brazil, and [...]

Alothon Group LLC, a leading private equity firm that invests in middle market growth companies in Brazil, announced Friday the completion of an investment in Industria Riograndese De Oleos Vegetais Ltd (Irgovel), through its Fund II investment fund.
Irgovel, based in the Brazilian state of Rio Grande do Sul, is the leading rice bran food ingredients [...]

The Urban Fish, pioneer and leader in collective purchases in Brazil, announced it had raised funds from significant venture capitalists in the United States, Benchmark Capital, and a major venture capital firm in the country, Monashees Capital for Series A round of investment made in the last quarter of 2010.
According to Julio Vasconcellos, Socio-Founder and [...]