This year The Carlyle Group announced its first Brazilian buyout. Fernando Borges, head of Carlyle’s South America buyouts team talks to Financial News about the private equity firm’s plans for the region.

In January Carlyle agreed to acquire CVC Brasil Operadora e Agência de Viagens, Brazil's largest tour operator. This was the private equity firm's first buyout in the country after setting up an office in São Paulo in 2008 and building up to a team of seven people.