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Risk factors

The risk factors below are not an exhaustive list of risks to which PPLA Participations is subject. For further information, see Section 4 of PPLA Participations' Reference Form.

1) Risks relating to PPLA Participations

  • PPLA Participations depends on its Senior Partners, and the departure of any Senior Partner could harm its ability to execute its business strategies, investment policies and growth.
  • Retaining professionals is essential to its success, and its ability to grow and remain competitive may depend on attracting new Partners and key professionals.
  • PPLA Participations may be unable to identify, complete, integrate or realise the expected benefits from acquisitions and disposals.
  • Inability to obtain financing or sell assets may impair the liquidity of PPLA Participations Ltd.
  • Lower credit ratings could harm liquidity and competitiveness and increase funding costs.
  • Ongoing anti-corruption investigations in Brazil could adversely affect PPLA Participations.
  • PPLA Participations is subject to contingencies that may have an adverse effect on its business.
  • PPLA Participations Ltd is controlled by the Controlling Partners, whose interests may differ from those of unitholders.
  • PPLA Participations may invest in other companies in the future and cannot assure that such investments will be successful.

2) Regarding PPLA Participations' sector

  • Equity market volatility may reduce the value of assets under the company's management.
  • PPLA Participations is exposed to certain risks specific to the markets in which it operates.