The UK government is on a mission to promote private equit investment in Brazil amongst UK investors, and is planning to send a delegation over to the emerging market economy to meet Brazilian funds and businesses interested in potential deals.

Prior to announcing the planned delegation, which is set to take place in October, UK Trade & Investment, which promotes foreign trade for the UK government, commissioned Peter Thorpe, associate director at financial services group Smith & Williamson, to submit a report on the potential of the private equity market in Brazil for UK investors.