Latin America and Brazil represent a very attractive investment destination for individuals and institutions, it has been claimed.
In an interview with P&I Investment, Cate Ambrose, president and executive director of the Latin American Venture Capital Association, said that large companies are finding they can get excellent returns in Brazil.
“Global (limited partners) are expressing a lot of interest in Latin America,” she told the source.
Ms Ambrose added that in the last six weeks alone, at least $5 billion (£3 billion) has been raised for private equity funds to invest in Brazil.
This more than half the estimated $8 billion raised for the whole of Latin America in 2010, she added.
Recently, deputy prime minister Nick Clegg said that it is important for the UK to develop greater trade links with Brazil as it transforms into a global economic power.
He said that as the country is set to become the fifth largest economy in the world, companies from the UK should seize chances to prosper in Brazil.
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