Photographer: Dado Galdieri/Bloomberg

A Private Equity Firm Dares to Buy in Brazil Amid Recession

  • General Atlantic invests $300 million while deals volume fall
  • Plan is to keep acquiring companies that “are not cheap”

General Atlantic LLC, the U.S. private equity firm that already invested more than 1 billion reais ($318 million) in Brazil this year, plans to keep buying stakes in companies that “are not cheap” even amid the country’s worst economic crisis in a century.

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