RIO DE JANEIRO, BRAZIL - A report prepared by ABVCAP in partnership with KPMG shows that investments in private equity (PE) and venture capital (VC) totaled R$23.6 billion last year.
Despite the turbulence caused by the Covid-19 pandemic, the private equity and venture capital industry invested R$23.6 billion in Brazilian companies, the second highest figure ever. This figure in 2019 was 7% higher than in 2020.
"The strong performance of the PE and VC industry in such a challenging year is further evidence of the solidity of the Brazilian corporate investment ecosystem," says Piero Minardi, ABVCAP . . .