PPLA Participations believes that the culture stemming from its core values is responsible for its differentiation in the market, leading to organizational alignment and superior results.
PPLA Participations believes that its ability to provide capital to clients on an ongoing basis is an important competitive advantage. Accordingly, it intends to continue developing its merchant banking and private equity businesses, initially with respect to investments in Brazil. PPLA Participations believes that its network of relationships and significant deal flow provide various attractive investment opportunities that may not be available to its competitors. In that context, PPLA Participations believes it can attract third parties to private equity or similar funds for which it would act as investment manager, generating management and performance fees. PPLA Participations expects PPLA Investments to serve as an anchor investor and to accumulate a meaningful stake in funds related to merchant banking activities that, in turn, generate revenue for its principal investments area.