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March 13, 2019  

Brazil Manager Sees "Perfect Storm'

A Brazil-focused fund shop wants to raise more money for an investment program that seeks to capitalize on what the manager views as a “perfect storm” in the country’s corporate-debt market.Canvas Capital, a Sao Paulo firm led by the former top Credit Suisse executive in Brazil, held a final close for its Canvas Distressed Credit Fund in June 2018 with $400 million. It now hopes to launch a successor vehicle in the second half,...

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