The international financial market receives, later this month, a new Brazilian bank. The debut of BR Partners na Nasdaqscheduled for September 17, reflects the institution’s strategy to expand the investor base.
In conversation with Carlos Sambrana In the program “It’s Business”, the CEO and founder of BR Partners, Ricardo LacerdaHe said he believed that the news has the potential to increase liquidity and unlock a significant value.
“There are already more than 50 thousand CPFs in the investor base, which represents almost 60% of the float. With the movement of Brazil and the volatility in the market, we look at the way to expand the investor base,” he says.
The institution, which specializes in mergers and acquisition transactions, capital market, treasury, derivatives, investments and financial restructuring, focuses on long -term relationships with customers.
“An independent player has much more quality, because he is much more aligned to the customer,” says Lacerda.
High interest
One of the biggest challenges for the financial sector at the current moment is Brazilian monetary policy. With the Selic rate em 15% per yearcompanies find it difficult to expand business and bet on risk options.
Lacerda estimates that, despite economic growth and labor market performance, companies face the negative factor of restrictive monetary policy.
“Some companies need to sell assets to reduce indebtedness and get out of a more critical situation. So those who are not in debt are trying to merge to grow and diversify business.”
In addition, Lacerda ponders that the climate of fiscal uncertainty It is dominant in Brazil. The financial market remains insecure about economic policy, given the high level of spending in the country.
Tariff Impacts
What contributes to the environment of uncertainty is the Commercial War of Donald Trump. The imposition of tariffs Brazilian imports It generates impacts not only for exporting companies, but also for the entire production chain.
The CEO explains that the moment is still to understand what the real impact should be in the long run, as the effect of tariffs varies according to the sectors and the damage containment alternatives offered by the public power.
For Lacerda, care must be taken not to compromise high investments, which depend on a long period of maturation, given the scenario of commercial tension.
“We need to seek rationality to overcome this. No one likes to make decisions in times of extreme uncertainty,” he says.
