Latin America

"Brazil is the next China"
Louis Navellier, well-known money manager.

As global investor focus shifts to emerging markets, Diamond Halpern is using its extensive network of market contacts to expand its business flow and service options. Based in South Florida, a natural and historic gateway to Latin America, Diamond Halpern is particularly focused on the most attractive markets in the region, particularly Brazil.

There are presently more than 60 Brazilian companies publicly listed in the U.S. or Canada and that number is expected to grow. There are nearly 400 Brazilian companies listed on São Paulo stock exchange, the Bovespa.

As one barometer of growth expectations, the Bovespa has outperformed both the FTSE100 and the S&P500 over the past 12 months.

Moveover, private equity fund managers surveyed by the Emerging Markets Private Equity Association, rank Brazil as the most attractive market or region behind China over the next 12 months.

Of the about 400 companies with private equity investment in Brazil, about 30 percent are likely to have an IPO in the next five to 10 years, according to Thomas Tosta de Sa, chairman of the advisory board for Abvcap (Brazilian Association of Venture Capital & Private Equity) and Brazil’s chief regulator from the end of 1993 to 1995.

Brazil is “the Saudia Arabia of biofuels and they have some of the world’s largest untapped oil reserves”.
Ian Bremmer, founder & President, Eurasia Group, a political risk consultancy.

As in the U.S. and China, our goal is to serve as the U.S. banker for Brazilian and other Latin American companies seeking financings in our home market. Whether public or private companies, Diamond Halpern with assist them to tap North American financial markets as well as provide other investment banking services.