Siguler Guff & Company, a global private markets investment firm managing over $17 billion in assets, has closed its latest fund, the Siguler Guff Brazil Special Situations Fund III (BSSF III). This marks a significant milestone for the firm as it expands its Brazilian Legal Claims strategy.
BSSF III achieved a final closing at $415 million in commitments, surpassing its original fundraising goal of $350 million. The Fund also raised an additional $23.7 million (R$127,950,000) through a parallel local currency vehicle. As a result, the total capital raised for BSSF III amounts to approximately $439 million, which highlights strong investor confidence in this investment strategy.
The Brazilian Legal Claims platform developed by Siguler Guff focuses on structured credit investments linked to legal claims against Brazilian public entities. By targeting this niche market, the firm positions itself as a vital provider of capital solutions for corporations and individuals in need of liquidity. Importantly, Brazilian Legal Claims tend to be uncorrelated with broader economic trends, making them an attractive investment opportunity.
Leading the strategy for BSSF III is Cesar Collier, a Partner and Head of Latin America. He oversees a seasoned team with over 100 years of combined experience in navigating Brazil’s complex judicial system. The firm not only invests in legal claims but also actively participates in legislative discussions and has contributed to pivotal Supreme Court rulings. This involvement helps shape the asset class and supports the interests of investors.
Since launching its Brazilian Legal Claims strategy in 2015, Siguler Guff has generated over $1.3 billion in investment proceeds. The firm has developed exposure to hundreds of underlying credit rights across more than 70 transactions completed over the past ten years.
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“We are pleased that BSSF III exceeded its target and received excellent support from its current Limited Partners as well as new investors, validating the strategy’s strong performance since inception.”
Sean MacDonald, Partner and Co-Head of Emerging Markets at Siguler Guff
“Our Brazilian Legal Claims strategy continues to perform well for investors owing to the leadership of Cesar Collier and the expertise of our São Paulo team, who have built important relationships in Brazil and throughout Latin America.”
Drew Guff, Co-Managing Partner and Chief Investment Officer of Siguler Guff
“We are pleased to continue bringing long-term institutional capital to Brazil and very proud of the tangible benefits our investments can deliver – supporting businesses and helping to create jobs and generate tax revenue.”
Cesar Collier
