Key Takeaways
- • Claure Group has acquired a significant stake in eB Capital, a Brazilian alternative investment firm, according to a Business Wire announcement dated October 11, 2023.
- • Marcelo Claure joins eB Capital as Vice Chairman and Managing Partner and becomes a member of the investment committee, partnering with co-founders Eduardo Sirotsky Melzer, Luciana Antonini Ribeiro and Pedro Parente.
- • eB Capital manages approximately BRL 5 billion (USD $1 billion) and is expanding its footprint with a new New York office alongside its Sao Paulo headquarters.
- • Claure Group, which manages approximately USD $4 billion, cites Brazil's agricultural and commodities base, clean energy grid, tax reforms and geopolitical position as the basis for its investment.
Summary
Claure Group has acquired a significant stake in eB Capital, a leading Brazilian investment firm founded by Eduardo Sirotsky Melzer, Luciana Antonini Ribeiro and Pedro Parente, according to the firm's announcement distributed via Business Wire. The transaction's financial terms were not disclosed. Following the investment, Marcelo Claure will join eB Capital as Vice Chairman and Managing Partner and serve on the investment committee.
Claure is the founder and CEO of Claure Group, a global investment firm with approximately USD $4 billion under management across sectors including telecom, technology, media, real estate, infrastructure, energy transition, fashion and sports. The announcement states that Claure will help eB Capital expand its investment thesis, broaden access to global capital and enhance portfolio management as the firm operates from a new New York office alongside its headquarters in Sao Paulo. Claure's background includes building Brightstar, sold to SoftBank in 2014, leading Sprint as Chairman and CEO, and overseeing the $195 billion merger of Sprint and T-Mobile. He later served as CEO of SoftBank Group International and launched the $8 billion SoftBank Latin America fund. He is also Group Vice Chairman of SHEIN and Executive Chairman of Bicycle Capital, a Latin America-focused growth equity firm launched in June 2023.
eB Capital has approximately BRL 5 billion (USD $1 billion) under management and describes its strategy as buy-and-build, targeting companies that lead their segments. Its portfolio includes Alloha Fibra, a fiber optic provider; Proz, a professional education platform; Loja do Mecanico, Latin America's largest tools and machinery e-commerce business; Hilab and Blue Health in diagnostic medicine; and Green PCR and Global PET in plastics recycling. The firm has also expanded into real estate through a fund launched with JHSF Capital, and Luciana Antonini Ribeiro, Managing Partner and CIO, is preparing to launch a second climate-focused fund in Brazil. The company says it has delivered consistent top-quartile returns since inception, a claim presented by the firm itself.
Eduardo Sirotsky Melzer, Co-Founder, Executive Chairman and CEO, said Claure's arrival validates the firm's growth strategy. Pedro Parente, Co-Founder and Senior Managing Partner, praised Claure's track record of boldness and execution. Claure said the investment reflects Claure Group's continued conviction in Brazil, citing its position as a major food and commodities producer, its clean energy grid, ongoing tax reforms and its status as the seventh most populous nation.
Claure is the founder and CEO of Claure Group, a global investment firm with approximately USD $4 billion under management across sectors including telecom, technology, media, real estate, infrastructure, energy transition, fashion and sports. The announcement states that Claure will help eB Capital expand its investment thesis, broaden access to global capital and enhance portfolio management as the firm operates from a new New York office alongside its headquarters in Sao Paulo. Claure's background includes building Brightstar, sold to SoftBank in 2014, leading Sprint as Chairman and CEO, and overseeing the $195 billion merger of Sprint and T-Mobile. He later served as CEO of SoftBank Group International and launched the $8 billion SoftBank Latin America fund. He is also Group Vice Chairman of SHEIN and Executive Chairman of Bicycle Capital, a Latin America-focused growth equity firm launched in June 2023.
eB Capital has approximately BRL 5 billion (USD $1 billion) under management and describes its strategy as buy-and-build, targeting companies that lead their segments. Its portfolio includes Alloha Fibra, a fiber optic provider; Proz, a professional education platform; Loja do Mecanico, Latin America's largest tools and machinery e-commerce business; Hilab and Blue Health in diagnostic medicine; and Green PCR and Global PET in plastics recycling. The firm has also expanded into real estate through a fund launched with JHSF Capital, and Luciana Antonini Ribeiro, Managing Partner and CIO, is preparing to launch a second climate-focused fund in Brazil. The company says it has delivered consistent top-quartile returns since inception, a claim presented by the firm itself.
Eduardo Sirotsky Melzer, Co-Founder, Executive Chairman and CEO, said Claure's arrival validates the firm's growth strategy. Pedro Parente, Co-Founder and Senior Managing Partner, praised Claure's track record of boldness and execution. Claure said the investment reflects Claure Group's continued conviction in Brazil, citing its position as a major food and commodities producer, its clean energy grid, ongoing tax reforms and its status as the seventh most populous nation.
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