Special Opportunities - Brazil
Acquiring and managing large-scale complex assets in Brazil through bespoke structuring and operational enhancements, across sectors including education, energy, and infrastructure, to unlock their full potential.
$7.3bn
In AUM
We acquire and actively manage assets in complex or transitional situations in Brazil. Our approach combines tailored structuring with operational engagement to unlock value and drive sustainable growth.
With a track record spanning sectors such as education, energy, and infrastructure, we bring hands-on expertise to each investment.
Backed by over $7.3 billion in AUM, Mubadala Capital is one of Brazil’s largest alternative asset managers— committed to unlocking opportunities in one of the world’s most dynamic economies.
Our Strategy
Our Brazil investment team specializes in identifying and transforming complex situations with significant upside potential, requiring deep local market expertise. We leverage our operational experience to reposition businesses and drive long-term value creation.
Clariens
Scientific and medical education provider in Brazil
Mubadala Capital began evaluating an investment in the FTC Group at the end of 2019, and proposed a transaction to spin off and acquire Clariens, the Group’s medical division and its most attractive business unit. The regulatory complexity and the management of transaction liabilities narrowed the field of potential buyers/partners for the business and allowed us to negotiate favorable terms. In June of 2022, Mubadala Capital completed the acquisition of 80% of Clariens from the FTC Group. Since taking control of the company, Mubadala Capital has actively pursued M&A opportunities, executing strategic transactions that have tripled the number of seats.
Clariens
Scientific and medical education provider in Brazil
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Atvos
Brazilian biofuel producer
We acquired a significant stake in sugarcane-to-ethanol business Atvos, the 2nd largest ethanol player in Brazil, from creditors, combined with a debt restructuring. The transaction allowed Atvos to exit from one of the largest ever judicial recoveries (chapter 11 equivalent) in Brazil. We injected capital to realign management, operations, and crop yield.
Atvos
Brazilian biofuel producer
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Acelen Renewables
Pioneer renewable energy producer in Brazil
Acelen Renewables was created with a vision to become a global energy transition leader, focused on the production of advanced biofuels. The project consists of the development of Acelen Renewable’s first integrated biorefinery, leveraging a native Brazilian species (Macaúba). The biorefinery engineering project is complete and the procurement phase is underway.
Acelen Renewables
Pioneer renewable energy producer in Brazil
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Zamp
Leading Brazilian restaurant operator
We acquired a majority stake in Zamp, the operator of Burger King and Popeye’s in Brazil, one of Brazil's largest QSR platforms. Following the transaction, we quickly expanded Zamp’s growth potential through strategic acquisitions, securing new brands such as Subway and Starbucks Brazil.
Zamp
Leading Brazilian restaurant operator
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