José Carlos Semenzato, founder of the Instituto Embelleze and partner of Espaço Laser, launched PE-firm SMZTO Participacoes em Negocios. SMZ FIP Multiestrategia, its first fund, raised B$50m (US$10.3m) from eight partners. The firm is seeking to invest in health, beauty, education, and pet care.

(Valor Econômico) Entrepreneur with several franchise businesses wants to seek new ventures in healthcare, pet services, beauty and education.

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