March 24, 2017 10:16 AM ET

Capital Markets

Company Overview of Caixa De Previdencia Dos Funcionarios Do Banco Do Brasil

Company Overview

Caixa De Previdencia Dos Funcionarios Do Banco Do Brasil (Previ) is a privately owned investment manager. The firm primarily provides its services to employees of Banco do Brasil S.A. It offers pension fund to its clients. The firm invests in the public equity markets of Brazil. Caixa De Previdencia Dos Funcionarios Do Banco Do Brasil is based in Rio de Janeiro, Brazil. Caixa De Previdencia Dos Funcionarios Do Banco Do Brasil operates as a subsidiary of Banco do Brasil S.A.

Praia de Botafogo 501

3 e 4 andar

Rio de Janeiro, RJ 22250-040

Brazil

Phone:

55 21 3870 1564

Key Executives for Caixa De Previdencia Dos Funcionarios Do Banco Do Brasil

Chief Executive Officer, President, and Director
Age: 57
Director of Investment
Age: 48
Director of Investments and Director
Age: 55
Planning Director and Director
Age: 58
Director of Security and Director
Age: 60
Compensation as of Fiscal Year 2016.

Caixa De Previdencia Dos Funcionarios Do Banco Do Brasil Key Developments

BR Properties Reportedly Seeks Acquisitions From Caixa De Previdencia

BR Properties S.A. (BOVESPA:BRPR3) is seeking acquisitions from Caixa De Previdencia Dos Funcionarios Do Banco Do Brasil. A source says that BR Properties is already in the due diligence stage to purchase assets from Caixa De Previdencia in São Paulo and Rio: Condomínio Centenário Plaza and Passeio Corporate. The firm declined to comment on market rumors.

Caixa Reportedly Plans To Sell Its Stake In INVEPAR

FI-FGTS investment fund - managed by federal savings bank Caixa De Previdencia Dos Funcionarios Do Banco Do Brasil is reportedly planning to sell its recently acquired stake in Investimentos e Participações em Infraestrutura S.A. - INVEPAR a transaction that could be worth BRL 550 million. The Invepar stake that FI-FGTS is now planning is between 5.98% and 10%, local paper Valor Econômico reported, quoting an unnamed source. Consequently, the value of the sale could range from BRL 330 million to BRL 550 million.

No Bids For INVEPAR

OAS S.A. has received no bids for its stake in Investimentos e Participações em Infraestrutura S.A. - INVEPAR. The auction ended on March 14, 2016. As provided in the reorganization plan approved late 2015, the creditors’ automatic proposal for the 24.4% stake OAS holds in Invepar for a minimum price of BRL 1.35 billion, was considered the winner. Caixa De Previdencia Dos Funcionarios Do Banco Do Brasil, Fundação Petrobras de Seguridade Social - Petros and Fundação dos Economiários Federais will be sent a notice and they will have 30 days from the notification to decide whether to exercise their right of first refusal to purchase the shares. But the São Paulo Court of Justice on March 11, 2016 ruled that the effects of the sale should be confirmed only after the trial of appeals against the decision that approved OAS’s bankruptcy process.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 9, 2017
Kepler Weber S.A.
Merger/Acquisition
January 23, 2017
CPFL Energia S.A.
Private Placement
November 24, 2016
Sauipe S. A.
 

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