In the coming years, a strong secondary market will emerge in LatAm – and particularly Brazil – for funds launched toward the middle or end of last decade, offering foreign and local LPs new investment and exit opportunities.
According to Duncan Littlejohn, the Latin American representative at Paul Capital, a global alternative investment firm that includes a US$1.6 billion fund for secondary assets in emerging markets, the LatAm secondary market is only in its infancy. “If you think of the inventory of existing LatAm funds,” .....
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