GP Investimentos To Make Public Offering

Bahamas-based GP Investimentos, Latin America’s largest asset manager, is planning a public offering of shares on Bovespa. The firm is planning to float its stock via Brazilian depositary receipts (BDRs) and hopes to raise $300 million. The IPO is being coordinated by Credit Suisse. GP Investimentos specializes in the management of long- and short-term alternative asset investment funds.