US PE Shop Enters LatAm

US-based private equity firm H.I.G. Capital has opened an office in Rio de Janeiro, hiring Fernando Marques Oliveira to head it and lead the firm’s LatAm operations. It is the first regional office for H.I.G., which operates in North America and Europe. Oliveira joins from General Atlantic, where he was involved in several LatAm deals, including investments in Mabel, Aracruz and Grupo ABC. H.I.G. has $8.5bn under management globally.