(O Estado de S. Paulo) March 27, 2011 – Bradesco, the second largest private bank in Latin America, is entering the private equity industry with the launch of its first fund. The fund will use R$2 billion (approx. US$1.2 billion) of the banks own resources to invest in companies.
The fund will target mid-sized companies, with a special emphasis on those related to the oil and gas, agribusiness and retail sectors.
To read the full article in Portuguese, visit O Estado de S. Paulo online.