Private Credit Boom Drives Hiring, Fundraising at Brazil’s Solis

Brazilian private credit firm Solis Investimentos is boosting headcount and ramping up fundraising, betting that sky-high interest rates will continue to lure investors to the country’s hot debt markets.

Solis focuses on so-called FIDCs, instruments unique to Brazil that bundle debt and sell it to investors in tranches divided by risk profile. In the first six months of 2025, the firm grew its assets under management by nearly a quarter, surpassing 26 billion reais ($4.8 billion). Solis projects another 20% of growth in the second half, which would represent an annual expansion of around 50%.