Resumen de Brazil: : The path to growth.
Rodrigo de Campos Vieira, Ricardo Mastropasqua
The article discusses the CVM Instruction 549 from the Brazilian Exchange Securities Commission which regulates the organization, administration, operation and disclosure of information about investment funds in Brazil and allows the creation of the Share Infestment Funds - Access Market (SIFAM). Topics covered include the corporate governance requirements for investing in closely-held businesses, the mechanisms of the SIFAM, and its benefits to smaller companies.
