Performance of Brazilian Private Equity and Venture Capital Investments 1994-2023
Spectra InvestmentsThe Brazilian PE and VC industry recorded an average gross MOIC in BRL of 5.8.
Insper
Company · BR · 15 documents
Key number
89%
Revenue growth over two years where the original CEO was retained. Spectra Investments p.7
Performance of Brazilian Private Equity and Venture Capital Funds (1994-2022)
The final sample analyzed consists of 387 funds (232 PE and 155 VC) that raised a total of BRL 181 billion (approximately USD 63 billion).
Performance of Brazilian Private Equity and Venture Capital Deals (1984-2022)
The study analyzed 1334 divested Brazilian PE and VC deals between 1984 and May 2022, comprising 586 tech deals and 748 non-tech deals.
The Role of the CEO in the Success of Private Equity Investments
The study covers 103 CEOs of 102 companies backed by private equity funds, and technology companies make up 37% of the sample.
Performance of Brazilian Private Equity and Venture Capital Deals (1984-2021)
Overall Brazilian PE and VC deals achieved an average gross MOIC of 2.8x and a gross IRR of 17% p.a. in USD, compared to an average gross MOIC of 4.7x and a gross IRR of 19% p.a. in BRL.
Compensation of Private Equity Professionals in Brazil
Brazil had 200 PE and VC GPs in 2019, with committed capital of R$198.1 billion, more than 3 times the R$63.5 billion of 2011.
Performance of Brazilian Private Equity and Venture Capital Funds (1994-2020)
Across all analyzed funds, the average net TVPI stood at 1.93 in BRL and 1.55 in USD.
Performance of the Private Equity and Venture Capital Industry in Brazil (1994-2017)
The sample includes 413 funds and 2061 deals invested between 1994 and March 2018 in Brazilian companies.
Performance of Brazilian Private Equity and Venture Capital Funds (1994-2018)
The final sample analyzed in the study consists of 268 Private Equity and Venture Capital funds raised in Brazil between 1994 and 2018.
Hot Market in Brazil and the Exit Rate of Brazilian Private Equity Deals
The final analyzed sample contains 459 PE deals invested between 1994 and 2014, of which 180 were fully liquidated.
The Profile of the Private Equity Professional in Brazil
The database contains information about 1376 professionals who currently work or previously worked in the PE and VC industry.
An Analysis of Private Equity and Venture Capital Investments in Brazilian Companies in the Last 30 Years
The sample contains 556 deals in Brazilian companies, representing USD22.1 billion of investments.
Impact of Exchange Rate on Returns in Private Equity and Venture Capital
The Brazilian Real experienced severe depreciation relative to the US Dollar, shifting from a 1:1 exchange rate in 1994 to a range between 5.0 and 6.0 in 2022.
Operating Partners no Brasil
The study surveyed 19 private equity firms operating in Brazil, representing over $350 billion in combined assets under management.
Brazilian Private Equity Outlook
The number of active Private Equity firms in Brazil fell from 54 to 29 between 2012 and 2022.