Investing in Private Equity in Brazil

ABSTRACT We consider the problem of selecting private equity funds for investment in Brazil. The proposed methodology is based on multi-criteria decision-making. Real data obtained from one of the largest pension funds in Brazil is used to illustrate a practical application of the methodology when s...

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Main Authors: Antônio Marcos Duarte Junior, Luiz Carlos Barbosa Medeiros
Format: Article
Language:English
Published: FUCAPE Business School 2016-01-01
Series:BBR: Brazilian Business Review
Subjects:
Online Access:http://www.redalyc.org/articulo.oa?id=123047026003
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author Antônio Marcos Duarte Junior
Luiz Carlos Barbosa Medeiros
author_facet Antônio Marcos Duarte Junior
Luiz Carlos Barbosa Medeiros
author_sort Antônio Marcos Duarte Junior
collection DOAJ
description ABSTRACT We consider the problem of selecting private equity funds for investment in Brazil. The proposed methodology is based on multi-criteria decision-making. Real data obtained from one of the largest pension funds in Brazil is used to illustrate a practical application of the methodology when selecting investments among eleven private equity funds available in the local financial market. The multi-criteria method TOPSIS is adopted with a total of twenty two criteria to order the investment alternatives. A sensitivity analysis is also presented. The methodology proposed allows a standardized decision-making process, facilitating the process of selecting private equity funds for investment in Brazilian financial markets.
format Article
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institution Kabale University
issn 1807-734X
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publishDate 2016-01-01
publisher FUCAPE Business School
record_format Article
series BBR: Brazilian Business Review
spelling doaj-art-fe7089d05db449899ef45fbb4b57db1f2025-02-06T23:39:31ZengFUCAPE Business SchoolBBR: Brazilian Business Review1807-734X2016-01-011355184Investing in Private Equity in BrazilAntônio Marcos Duarte JuniorLuiz Carlos Barbosa MedeirosABSTRACT We consider the problem of selecting private equity funds for investment in Brazil. The proposed methodology is based on multi-criteria decision-making. Real data obtained from one of the largest pension funds in Brazil is used to illustrate a practical application of the methodology when selecting investments among eleven private equity funds available in the local financial market. The multi-criteria method TOPSIS is adopted with a total of twenty two criteria to order the investment alternatives. A sensitivity analysis is also presented. The methodology proposed allows a standardized decision-making process, facilitating the process of selecting private equity funds for investment in Brazilian financial markets.http://www.redalyc.org/articulo.oa?id=123047026003keywordsinvestment selectionmulticriteria decision makingprivate equitytopsis
spellingShingle Antônio Marcos Duarte Junior
Luiz Carlos Barbosa Medeiros
Investing in Private Equity in Brazil
BBR: Brazilian Business Review
keywords
investment selection
multicriteria decision making
private equity
topsis
title Investing in Private Equity in Brazil
title_full Investing in Private Equity in Brazil
title_fullStr Investing in Private Equity in Brazil
title_full_unstemmed Investing in Private Equity in Brazil
title_short Investing in Private Equity in Brazil
title_sort investing in private equity in brazil
topic keywords
investment selection
multicriteria decision making
private equity
topsis
url http://www.redalyc.org/articulo.oa?id=123047026003
work_keys_str_mv AT antoniomarcosduartejunior investinginprivateequityinbrazil
AT luizcarlosbarbosamedeiros investinginprivateequityinbrazil