Donaldson Lufkin&Jenrette has hired Michael Schoen to manage its emerging markets corporate debt team. Schoen, who previously was division head of emerging markets at JP Morgan, is DLJ’s most recent […]
Category: 2000
New Man at BNDES
Eleazar de Carvalho has quit a glittering investment banking career to head BNDESPar, the investment arm of the Brazilian government’s development bank BNDES. BNDESPar’s main function is to run the […]
Easy Com, Easy Go
Perhaps even more than their US counterparts, Latin Internet companies are feeling the pain of the crash in technology stock prices.
Peru’s Moment of Truth
Whoever wins the presidential election, international investors want to see Peru’s new leader stabilize the country’s finances. Even the faintest whiff of populism would discourage foreign investment.
FrontNotes
A warm glow of satisfaction is radiating from Latin America as the region’s main economies continue their surprisingly strong and steady recovery after several years of crisis. Perhaps just as […]
Petrobras Refinances
Barclays of the UK closed a $500 million letter of credit-backed commercial paper program for Petrobras, the Brazilian state-owned oil company. The loan refinances two loans the quasi-sovereign took out […]
Glorified, but not Glorious
Rogelio Ramírez de la O, a Mexican economist, believes the international press and finanical community have exaggerated the accomplishments of President Ernesto Zedillo. De la O argues that in spite of his economic achievements, Zedillo has failed to create a new economic framework for Mexico and has left masses of workers outside the rising tide of global capital flows.
Praxair Goes Private
Praxair, the leading industrial gas supplier, successfully took its listed Brazilian subsidiary, White Martins, private in May in a tender offer to shareholders that raised the US group’s stake in […]
Hostility in Caracas
AES also announced a hostile bid for 51% of the stock in Grupo Electricidad de Caracas (EDC) for $863 million. The transaction, launched simultaneously in Venezuela and in New York, […]
PricewaterhouseCoopers Executive Moves to Hemisphere
Raymond Perez Raymond Pérez, a former managing director at PricewaterhouseCoopers who handled the firm’s Latin American transaction group, has joined Hemisphere International Acquisition Management, which advises […]
