Private equity and venture capital in an emerging economy: evidence from Brazil

Detalhes bibliográficos
Autor(a) principal: Ribeiro, Leonardo de Lima
Data de Publicação: 2006
Outros Autores: Carvalho, Antonio Gledson de, Furtado, Cláudio Vilar
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional do FGV (FGV Repositório Digital)
Texto Completo: http://hdl.handle.net/10438/13480
Resumo: This article, based on the Brazilian experience, examines how Private Equity and Venture Capital (PE/VC) adapts to an emerging economy Our dataset is based on two extensive questionnaires answered by each of the 65 PE/VC organizations with offices in Brazil. The results reveal that a lack of infrastructure and security create investment opportunities. However, institutional idiosyncrasies represent a major barrier and force PE/VC – a U.S. investment model – to adapt by investing in different stages of business development, avoiding LBOs, taking a generalist industry approach, geographically concentrating in the financial cluster and relying on arbitration for dispute resolution.
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spelling Ribeiro, Leonardo de LimaCarvalho, Antonio Gledson deFurtado, Cláudio VilarDemais unidades::RPCA2015-03-04T13:34:35Z2015-03-04T13:34:35Z2006http://hdl.handle.net/10438/13480This article, based on the Brazilian experience, examines how Private Equity and Venture Capital (PE/VC) adapts to an emerging economy Our dataset is based on two extensive questionnaires answered by each of the 65 PE/VC organizations with offices in Brazil. The results reveal that a lack of infrastructure and security create investment opportunities. However, institutional idiosyncrasies represent a major barrier and force PE/VC – a U.S. investment model – to adapt by investing in different stages of business development, avoiding LBOs, taking a generalist industry approach, geographically concentrating in the financial cluster and relying on arbitration for dispute resolution.engFinançasEconomiaFinançasPrivate equity and venture capital in an emerging economy: evidence from Brazilinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVFGVcepe - Centro de Estudos em Private Equity (FGV EAESP)FGV EAESP - GVcepe - Centro de Estudos em Private EquityFGV EAESP - GVcepe - Working PapersORIGINALPRIVATE EQUITY AND VENTURE CAPITAL IN AN EMERGING ECONOMY.pdfPRIVATE EQUITY AND VENTURE CAPITAL IN AN EMERGING 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dc.title.eng.fl_str_mv Private equity and venture capital in an emerging economy: evidence from Brazil
title Private equity and venture capital in an emerging economy: evidence from Brazil
spellingShingle Private equity and venture capital in an emerging economy: evidence from Brazil
Ribeiro, Leonardo de Lima
Finanças
Economia
Finanças
title_short Private equity and venture capital in an emerging economy: evidence from Brazil
title_full Private equity and venture capital in an emerging economy: evidence from Brazil
title_fullStr Private equity and venture capital in an emerging economy: evidence from Brazil
title_full_unstemmed Private equity and venture capital in an emerging economy: evidence from Brazil
title_sort Private equity and venture capital in an emerging economy: evidence from Brazil
author Ribeiro, Leonardo de Lima
author_facet Ribeiro, Leonardo de Lima
Carvalho, Antonio Gledson de
Furtado, Cláudio Vilar
author_role author
author2 Carvalho, Antonio Gledson de
Furtado, Cláudio Vilar
author2_role author
author
dc.contributor.unidadefgv.por.fl_str_mv Demais unidades::RPCA
dc.contributor.author.fl_str_mv Ribeiro, Leonardo de Lima
Carvalho, Antonio Gledson de
Furtado, Cláudio Vilar
dc.subject.por.fl_str_mv Finanças
topic Finanças
Economia
Finanças
dc.subject.area.por.fl_str_mv Economia
dc.subject.bibliodata.por.fl_str_mv Finanças
description This article, based on the Brazilian experience, examines how Private Equity and Venture Capital (PE/VC) adapts to an emerging economy Our dataset is based on two extensive questionnaires answered by each of the 65 PE/VC organizations with offices in Brazil. The results reveal that a lack of infrastructure and security create investment opportunities. However, institutional idiosyncrasies represent a major barrier and force PE/VC – a U.S. investment model – to adapt by investing in different stages of business development, avoiding LBOs, taking a generalist industry approach, geographically concentrating in the financial cluster and relying on arbitration for dispute resolution.
publishDate 2006
dc.date.issued.fl_str_mv 2006
dc.date.accessioned.fl_str_mv 2015-03-04T13:34:35Z
dc.date.available.fl_str_mv 2015-03-04T13:34:35Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10438/13480
url http://hdl.handle.net/10438/13480
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
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collection Repositório Institucional do FGV (FGV Repositório Digital)
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