KYR Capital and Spectra Investments, two leading players in the SF ecosystem in Brazil, have released the “Legal Guide to Brazilian Search Funds”, a comprehensive resource designed to support entrepreneurs and investors looking to launch a SF in Brazil.
This guide is intended for Searchers who have recently completed their fundraising or are nearing its final stages, with at least 80% of capital committed at a steady pace.
Establishing a SF in Brazil is a complex process that requires careful planning and a significant time investment. Efficiently navigating the country’s bureaucratic and time-consuming procedures is a critical part of the SF journey.
Access to well-organized and thorough resources is invaluable, providing essential guidance to help searchers overcome challenges more effectively, and ultimately saving time and resources across the entire SF ecosystem.
This guide aims to educate searchers on the legal and bureaucratic steps involved in launching a SF in Brazil, from securing investor commitments to making capital locally available. It also outlines the process for establishing a local private equity fund (“FIP”), which becomes relevant when a searcher acquires a target company.
Victor Park, Felipe Demori, and Marcos Noll Barboza generously collaborated on the development of this guide. Their practical insights were instrumental in refining the content and making it more useful for future searchers.
This is one of the most valuable resources we’ve seen in the ecosystem. You can read the full guide here:
