Brazilian Private Equity Firm Said to Raise $188 MillionBy
RIO DE JANEIRO — Aqua Capital, a private equity firm based in São Paulo, has raised $188 million for its second fund, according to two people briefed on its efforts.
The first close came last week, when the firm updated its investors on its progress.
Investors in the new fund include the University of Texas Investment Management Company, a new backer in Aqua, and the German development firm DEG, a returning one, according to one individual…
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