PRINT THIS PAGE Brazil venture news13/08/2002. Source: Stratus Investimentos.
Fundraising in Brazil took a dramatic downturn in 2001. The positive aspects, such as the removal of important restrictions for local institutional investors, were far outweighed by the negatives. The crisis in Argentina, the international macro-economic uncertainties, the performance of existing venture capital funds and the extended regulatory transition of the local pension funds industry all helped to accelerate the decline, according to Stratus Investimentos.
Total funds raised in 2001 only reached $300m, the lowest figure since 1996 and 78 per cent down on the previous year. International markets were also affected with the US down 43 per cent on the year before.
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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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