Creating a Venture Ecosystem
in Brazil: FINEP’s INOVAR
Project
Author:
MIF/FOMIN
May 2012
Overview
In 2011, private equity firms (early stage through buyout) raised a record US$10.13 billion to invest in Latin America. The 27% increase from the prior year’s $8.1 billion (also a record) was especially noteworthy given the generally discouraging performance of fund raising efforts in the developed markets that year. Brazil led the region as the target of US$8.1 billion, or 80% of the year’s total.