3i Group Taps Di Lorenzo To Head New Brazilian Office

Apr 11 2011 | 8:33am ET

Private equity specialist 3i Group has appointed Standard Bank vet Marcelo Di Lorenzo to head its newly established Brazilian office.

Di Lorenzo will head a team that has participated in a number of significant Latin American p.e. transactions over the past 15 years, including the car rental company Localiza, the ISP UOL and the disposable healthcare products maker Cremer.

Approximately 20% of 3i’s core portfolio companies generate revenues from Latin America.
 
In addition to Di Lorenzo, the Brazilian team will initially consist of three other former Standard Bank private equity professionals, Edward Hanmer, Felipe Vivacqua and Carlos Lopes, all based in São Paulo. 3i will look to invest between $30 million and $100 million per transaction in businesses with an enterprise value of up to $200 million for minority or majority shareholdings. The main focus will be on businesses in the consumer and business services sectors.

Bob Stefanowski, who leads 3i’s American and Asian business, commented: “We believe the team, led by Marcelo, will be a great addition to the group.  The formation of 3i Brazil will enhance our global investment capabilities and will provide our portfolio companies, many of which are already active across Latin America, with further access to this growing region.”

 


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Publisher's Note