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Brazil's IG4 Capital closes 2 PE funds

Brazilian private equity firm IG4 Capital Investimentos Ltda. held the final close of its Private Equity Fund II after attracting $231.5 million, Reuters reported.

The latest fundraising round will increase the IG4 Capital funds to $500 million.

At the same time, the company also attracted additional co-investment for its IG4 Capital Infrastructure Investments fund, which will focus investing in infrastructure and logistics assets in the Andean Region in South America.