BNDES invests $56 mm in funds focused on medium companies

BNDES approved an investment of R$ 300 million ($ 56 mm) in the Alaof V Brasil equity fund, focused on medium-sized companies. BNDES informed that it will contribute a maximum of 25% of the total that the fund can raise. The amount raised by the fund may reach a maximum of R$ 1.2 billion ($ 227 mm).

Source: Agencia Estado