SPX takes its first R$2.5 billion funds to retail to buy companies

The strategy comes a year after the manager absorbed the operations in Brazil of the American giant Carlyle.

06/29/2022

SPX Capital, owned by Rogério Xavier, is in the market to raise its first private equity fund, as the portfolios that buy stakes in companies are called. The strategy comes a year after the manager absorbed the operations in Brazil of the American giant Carlyle, which will be a co-investor of the new fund. The product that is being launched will be aimed at retail, including individuals, and must have at least R$ 350 million. This is just part of the manager's strategy, which wants to raise R$ 2.5 billion over a year, also with institutional, local, and foreign investors.

Investments should prioritize health, education, and retail

Investments in the private equity area should prioritize sectors such as health, education, consumption, and retail. Even without having a structured fund, SPX even proposed – the so-called non-binding offer (NBO), for the acronym in English – R$ 2 billion for the control of an auto parts retail company. Of this total, Carlyle would contribute R$ 1.5 billion and SPX with the remainder.

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