Marcelo Di Lorenzo joined 3i Group last April with three colleagues from Standard Bank Private Equity to launch a Brazilian arm for the UK private equity firm. The team has grown to six and last month announced their first deal – a 100m Brazilian real ($56.7m) minority stake in Blue Interactive, a cable TV and broadband provider.

Financial News: Why did you leave Standard Bank to join 3i? Marcelo Di Lorenzo: 3i is a global private equity firm and focuses on mid-sized companies which we believe provide the most attractive opportunities in Brazil and was a cultural fit for the team. 3i was very determined to enter the Brazilian market so it was the right platform for the team to join.