P2 Brasil raises $407m for Brazilian infrastructure fund

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
P2 Brasil raises $407m for Brazilian infrastructure fund

Brazilian investment firm P2 Brasil has announced that it has raised US$407 million for its P2 Brasil Private Infrastructure Fund III in a filing with the SEC.

P2 Brasil doesn't invest in public infrastructure projects like toll roads or highways. Instead, the fund will focus on transportation and logistics, oil and gas infrastructure, and water and waste management that mainly serves the corporate sector.

The new fund will have a duration of 14 years, according to sources.

In August 2011, P2 Brasil raised $1.155 billion for its second fund, the P2 Brazil Private Infrastructure Fund II, after a 18-month fundraising effort. This was up from the $1 billion target.

Pátria Investimentos and Promon are the two sponsors of P2Brasil. 

Pátria Investimentos is a pioneer in private equity in the brazilian market. Currently, Pátria has one of the most diversified alternatives investment portfolios in the country and more than U$5 billion in assets under management.

Promon provides integrated engineering, procurement and construction  management solutions to a variety of local and multinational clients in various infrastructure related sectors. Since its inception, Promon has been involved in approximately 400 infrastructure related projects.

The firm is recognized for its project management and engineering skills, the high qualification of its professional team, and the associative capacity of combining its competencies with leading partners on specific business fields.

List of country news

Country news

  • June 13, 2014

    Sao Paulo municipality publishes waste PPP tender

    The city of Salto in the state of São Paulo has launched a tender process for a concession to manage municipal solid waste through a PPP contract. Read more
  • June 13, 2014

    Curitiba launches tender for metro PPP project

    Paraná state capital Curitiba has issued a tender process for a 35-year contract to develop and operate Curitiba's first metro through a Public private partnership PPP contract. Read more
  • June 16, 2014

    Parana awards highway PR 323 PPP project

    The state of Paraná in Brazil has awarded the state highway PR-323 PPP project to the consortium Consórcio Rota 323, led by Odebrecht Transport Participações S.A. and also formed by Tucuman Engenharia, Goetze Lobato Engenharia and América Empreendimento. Read more
  • June 16, 2014

    Brazil Mezzanine Infrastructure Fund sells Bioenergy firm

    Darby Private Equity, the private equity arm of Franklin Templeton Investments, announced in early June that the Brazil Mezzanine Infrastructure Fund (BMIF) has exited its energy infrastructure investment in Bioenergy Geradora de Energia, a private company based in São Paulo, Brazil. Read more
  • June 17, 2014

    Alagoas re-tenders water PPP project

    The Sanitation Company of Alagoas (CASAL), Brazil, has re-tendered a sanitation public-private partnership (PPP) project, which will consist of the implementation, operation and maintenance of the sewage system of the the high part of the city of Maceió in Brazil. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.