Private equity firm HIG Capital has opened an office in Rio de Janeiro and appointed Fernando Marques Oliveira as a Managing Director to lead its Brazil and Latin America team.
Prior to joining HIG, Marques Oliveira was Managing Director and head of the Latin America team at General Atlantic (GA), where he was involved in a number of transactions including Qualicorp and Peixe Urbano. Before GA, Oliveira spent many years at Grupo Icatu, where he led a number of successful investments, including Mabel, Aracruz and Grupo ABC.
Oliveira says: “I am looking forward to joining the HIG team. HIG has a terrific track record of investing in small and mid size businesses all over the world and using its in-house operational and strategic know-how to drive meaningful value creation. What also attracted me to HIG is the high level of flexibility the firm has in structuring investments, allowing it to invest in many different sectors, through either debt or equity, and taking either a minority or majority position. This flexible approach fits very well in the vibrant developing economy of Brazil.”
Sami Mnaymneh, co-founder and Managing Partner at HIG, says: “I am pleased to welcome Fernando to the firm. He is a proven investor with long standing experience in the Brazilian market. Under his leadership, we are committed to building a strong team in Brazil, focused on long term success. Brazil’s economy has a very bright future, thanks to its large population – including a rapidly growing middle class – and its abundant natural resources. We look forward to being part of it by targeting a segment of the market which has been mostly overlooked by international investors.”
