Reuters: Private Equity: GP Investments earns $135 mln from BR Properties sale

Reuters: Private Equity Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

GP Investments earns $135 mln from BR Properties sale Apr 20th 2012, 13:02 SAO PAULO, April 20 | Fri Apr 20, 2012 9:02am EDT SAO PAULO, April 20 (Reuters) - GP Investments, the largest Latin American private equity firm, earned $135 million from the sale of its stake in commercial real estate developer BR Properties, more than twice the amount in originally invested in the Brazilian firm. GP Investments, a buyout firm based in Hamilton, Bermuda, that is composed mainly of Brazilian capital, said the investment had produced an internal rate of return of 24.1 percent in U.S. dollars since 2006, according to a regulatory filing on Friday.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions