Deals
Warburg Hunts Stakes for World Cup Buildup: Corporate Brazil
This article is for subscribers only.
Warburg Pincus LLC, the private-equity firm with more than $35 billion in assets, is targeting infrastructure service providers in Brazil as the nation steps up investment in ports and energy ahead of the 2014 World Cup.
“To invest in a company that provides specialized services to large projects is a better way to get exposure to the infrastructure sector in Brazil, which will grow significantly in the coming years”, said Luca Molinari, partner and managing director of Warburg Pincus do Brasil Ltda. “A direct investment in many of the typical large infrastructure projects probably wouldn’t generate the return we want to achieve.”