In Brazil, No Room for Leverage at Buyout Firms
Date: March 30, 2011
Luiz Otávio Magalhães, the founding partner of one of the most successful private equity firms in Brazil, was trying to explain his business model to me. His leveraged buyout firm, Patria, easily garners more than 20 percent returns annually.
Click here to read the full story
Source: New York Times
