IMAP Brazil advised TMF Group, a leading provider of global administrative services, on the acquisition of Paraty Capital, a Brazilian fund administration platform which focuses on private equity, infrastructure, venture capital and private debt funds.
Paraty has around $3 billion in assets under management (AUM). Following the acquisition of Paraty, TMF Group will now administer over €160 billion of assets on behalf of its fund manager clients, offering end-to-end fund administration solutions globally. The acquisition fits in with TMF Group’s strategy for growing its global fund services business and strengthening its capabilities in Latin America.
The team from IMAP Brazil, led by Marcelo de Forbes Kneese and Marcio Fiuza advised TMF Group on the acquisition of Paraty.