Lobo de Rizzo advised on the constitution of an 4UM FIP-IE
Lobo de Rizzo acted as deal counsel on the constitution of an infrastructure private equity investment fund named 4UM Fundo de Investimento em Participações em Infraestrutura de Responsabilidade Limitada I (“FIP-IE”), administrated by 4UM Distribuidora de Títulos e Valores Mobiliários, managed by 4UM Gestão de Recursos, and its first issuance and public offering of quotas, pursuant CVM 160, in the amount of BRL 800 million, distributed by 4UM Distribuidora de Títulos e Valores Mobiliários.
The FIP-IE was established to invest in the infrastructure sector. Its first investment was the auction for BR-381, in which they were the winners. The contract will last for 30 years, with the obligation to invest BRL 9.34 billion in the BR-381. With the conclusion of the auction, the government’s long series of attempts to privatize BR-381 came to an end. The federal government had previously attempted to auction the BR-381 five times, of which three reached the auction stage but failed due to a lack of proposals.
Lobo de Rizzo relied on partner Guilherme Cooke (pictured), associates Geraldo Ferreira and Mariana Zelmanovits.
KLA advised the investors who set up the FIP and relied on partners Livia Siviero Huh and Patrícia Braga.
