Macquarie, RB Capital build in Brazil

Macquarie, RB Capital build in Brazil

Brazil M&A Funds

Macquarie Capital and RB Capital have formed a real estate fund in Brazil, with plans to acquire up to $2bn in assets in roughly five years.The Australian and Brazilian fund managers expect to buy between $200m and $400m in real estate in the short term and eventually build a platform with $1bn to $2bn in assets, a source told LatinFinance.Macquarie and RB Capital plan to invest around 10% of the fund and raise the rest from other investors, the source said.The partners will buy and develop Clas

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