More PE and VC Money Flows to Brazil

Extracted 15SEP2011 from http://tinyurl.com/658ojja

Fundraising for Latin American private equity and venture capital investment rose to $4.9 billion in the first half of this year, up 59% from the same period last year, according to a report released today by the Latin American Venture Capital.

Brazil accounts for the lion’s share of committed capital, with 67% of the total amount raised dedicated there...

Exits also surged in the first half of the year, surpassing all of 2010, with 33 PE-backed exits valued at $8.9 billion, according to LVCA. Strategic sales dominated the exit market...