Rio Riches

Sample, Herbert A.
May 2007
Red Herring;5/28/2007, Vol. 4 Issue 17/18, p14
Trade Publication
The article focuses on the growing interest of high-technology and clean technology investors in investing in Brazil. It is stated that venture capitalists and other investors are beginning to view Brazil as an ideal location for research and production of cleaner fuels, outsourcing of customer service and software development centers, and, to a lesser extent, manufacturing high-tech products for sale to emerging markets. In all of Latin America, $609 million in private equity and venture capital funds were invested in 2004, but that increased to $4.26 billion in 2006, much of it in Brazil, according to data compiled by research firm Venture Equity Latin America.


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