HALISTER1: Brazil Uncertainty Opens Opportunity for Private Equity: Carlyle

Brazil Uncertainty Opens Opportunity for Private Equity: Carlyle

(Bloomberg) -- Volatility sparked by uncertain political outlook in Brazil creating opportunities to buy, co-head of Carlyle South America Fernando Borges tell foreign correspondents in Rio de Janeiro.
  • Even with political crisis worsening in the past weeks, there’s no chance for a change of direction in Brazil’s economic policies
  • Private equity investments in Brazil are still weak in 2017, but could pick up as companies involved in corruption cases move to sell assets
  • Crisis has not stopped ongoing deals
Original Story: Carlyle: Crise da JBS gera oportunidade para private equity To contact the translator on this story: Ney Hayashi in Sao Paulo at ncruz4@bloomberg.net Reporter on the original story: Sabrina Valle in No Rio de Janeiro at svalle@bloomberg.net Editors responsible for the original story: Daniela Milanese at dmilanese@bloomberg.net Taís Fuoco

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
CG US (Carlyle Group LP/The)

People
Fernando Borges (Carlyle Group LP/The)

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