After a year of losses and liquidity problems for Brazil’s major airlines, it’s unlikely they will all survive an overcrowded market and a shortage of passengers.
Category: Brazil
New Man at BNDES
Eleazar de Carvalho has quit a glittering investment banking career to head BNDESPar, the investment arm of the Brazilian government’s development bank BNDES. BNDESPar’s main function is to run the […]
Petrobras Refinances
Barclays of the UK closed a $500 million letter of credit-backed commercial paper program for Petrobras, the Brazilian state-owned oil company. The loan refinances two loans the quasi-sovereign took out […]
Praxair Goes Private
Praxair, the leading industrial gas supplier, successfully took its listed Brazilian subsidiary, White Martins, private in May in a tender offer to shareholders that raised the US group’s stake in […]
UBS Warburg Reorganizes
Ines Correa de Souza takes over from Carvalho to become country head of UBS Warburg Brazil, having served as chief operating officer and director of Banco Warburg Dillon Read, which […]
Private Banking In Brazil: Giving Clients What They Want
Banks must provide tailored, personalized services to their customers. What’s more, the Brazilian capital markets need to become more sophisticated or private banking clients will move their business overseas.
The Investment Management Review- Part I
LatinFinance, in cooperation with Standard & Poor’s, ranks the best Latin American investment funds and their managers in its annual review of the industry. Last year was fraught with risk in Brazil, Ecuador and Venezuela and recession in most other countries. This year, growth and stability is reducing risk and returns in all but a few countries.
The Investment Management Review Part V – Looking Ahead
Octavio Queiroz Ferreira, portfolio manager of the CCF Premium Ltd. fund, which placed first in the three-year Brazil equity category, says Brazil is probably the region’s most attractive equity market […]
The Investment Management Review Part VIII – Brazil
In the Brazilan debt category, Indosuez Brasil Brady Ltd., managed by Juan Seen of Spinnaker Asset Management, took first place for the one-year competition, giving investors a 33.23% return in […]
Viajo.com Secures Second-Round Financing
Brazil’s GP Investimentos, Chase Capital Partners and Morgan Stanley Dean Witter Private Equity are among the backers of a $31 million financing round for Viajo.com, a Spanish- and Portuguese-language travel […]
