TPG Said to Trim Staff in Brazil and to Consider Closing Office

  • Private-equity firm’s last acquisition there came in 2010
  • Denis Jungerman, head of the office, said to be leaving firm

TPG Capital, the private-equity firm founded by Jim Coulter and David Bonderman, is cutting staff in Brazil and may close its office there amid a lack of investments, according to two people with knowledge of the matter.

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