LAVCA met with two delegations of visiting Brazilian business owners in New York during October. Cate Ambrose, president of LAVCA, provided an overview of the private equity and venture capital industry in Latin America and Brazil to the different groups, the first a delegation of IT entrepreneurs and the second, a group of small business owners from the Northeast of Brazil.
Discussion focused on broad topics including the evolution of PE/VC investing in Brazil and Latin America and the value PE/VC investors bring to companies beyond capital, as well as specific topics such as recent investments by Silicon Valley firms in Brazilian IT companies and the importance of corporate governance.
Participants were in the US to develop new ties to potential US investors and business partners.
The missions were organized by the Brazilian Embassy, the American Chamber of Commerce in Brazil, the Brazilian Consulate of New York and the Brazilian-American Chamber in Recife.