PRINT THIS PAGE Brazil venture news27/09/2002. Source: Stratus Investimentos.
The first half of 2002 showed a marked decline in the Brazilian venture capital industry when compared with the previous year. But there are some positive signs with a natural selection process now occurring in the country, according to Stratus Investimentos. There are fewer funds, more experienced and committed teams, and possibly more deals.
The 19 deals announced in H1 2002 was 49 per cent down on the year before, at 37. In terms of value the period also showed a decline, from $470m in 2001 to $131m in 2002, a drop of 72 per cent. The average deal size also suffered, down 28 per cent to $6.9m, due to a higher number of investments in smaller companies as well as the devaluation of the Brazilian Real.
Copyright © 2002 Stratus Investimentos
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Stratus Investimentos is an independent private equity investment firm committed to generating substantial capital growth for our investors. They invest in private companies in Brazil across a range of industries and support skilled management teams who want to invest in and grow the businesses they operate. Stratus is authorized by the ‘Comissão de Valores Mobiliários' (CVM, the equivalent to the USA SEC), and operates under the international investment practices and standards .On top of managing Venture Capital / Private Equity funds, Stratus acts through a diversity of associations and partnerships with investors, entrepreneurs and other fund managers. It enhances its origination and execution capacity through a network of relationships with the Brazilian business community, which includes investment banks, business incubators, consulting and auditing firms. For more information please visit www.stratusbr.com
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