The Latin America Group of Graycliff Partners has spun-off to form an independent private investment firm, Bela Vista Investimentos. The firm will be led by Cristiano Boccia and Guilherme Cunha.

(Press Release) We are pleased to announce that as of today the Latin America Group of Graycliff Partners has spun-off to form an independent private investment firm, Bela Vista Investimentos.

The new private equity firm will be led by Cristiano Boccia and Guilherme Cunha, who have been working together for almost a decade, first as part of HSBC Capital in its Latin America private equity program, and then as part of Graycliff Partners, which was established by the former management team of HSBC Capital in the United States and Latin America in 2011.

As an independent firm, Bela Vista Investimentos will continue to focus on its core investment strategy, making middle market private equity investments with a primary focus on Brazil. Over the last 10 years, we have successfully invested alongside proven entrepreneurs and management teams, providing capital for growth, acquisitions and management buyouts. Through our hands-on approach and collaborative culture, we seek to create value and build successful portfolio companies.

Bela Vista Investimentos will continue to act as subadvisor to Graycliff for existing investments in Latin America. Active portfolio companies include Landers, Grupo Assa and Credivalores. Examples of recent successful divestitures include the sale of Tekbond to Saint-Gobain and the sale of Medquimica to Lupin Pharmaceuticals.

Bela Vista Investimentos will be headquartered in São Paulo, Brazil, where the investment team has been based since 2009, when its predecessor firm opened a local office.

The Bela Vista name is inspired by one of the most traditional districts of the city of São Paulo, which includes Avenida Paulista, where senior partners of the firm have a historical background. We would translate the Portuguese phrase “Bela Vista” to English as “Great View” which alludes to a positive investment horizon.

We are grateful to Graycliff Partners for their continued support, and looking forward to building on this legacy as Bela Vista Investimentos.