Reuters: Private Equity: STXNEWS LATAM-Brazil's Patria to pump up capital in Vulcabras

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STXNEWS LATAM-Brazil's Patria to pump up capital in Vulcabras May 9th 2012, 17:05 Wed May 9, 2012 1:05pm EDT Patria Investimentos, a Brazilian private-equity firm, signed on Wednesday a memorandum of understanding to buy a stake in shoemaker Vulcabras Azaleia, according to a securities filing. Members of both companies will discuss the matter for an unspecified period of time, the filing said. The Blackstone Group, a leading U.S. buyout firm, is a minority shareholder in Patria.

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