MIAMI & SÃO PAULO–(BUSINESS WIRE)–I Squared Capital, a leading global infrastructure investment manager, announced today that it is has opened a new office in São Paulo, Brazil.

The office, I Squared’s first in South America, will position the firm to capitalize on the growing infrastructure investment opportunity in Brazil, and the region, and advances I Squared’s global expansion strategy. I Squared already has a strong investment track record in Latin America having made investments in 14 countries in the region either directly or through portfolio companies including Kio Networks, Inkia and its subsidiary Energuate, which was recently exited, Aggreko, Ocensa, and the port of Barranquilla.

Sadek Wahba, Managing Partner and Chairman, I Squared, commented: “I Squared has set to expand where it is able to do business and Brazil specifically, was a key part of that plan. Brazil has a long and successful track record welcoming private infrastructure investment in many sectors and we are excited for the opportunities we see. Our dedicated Brazil team will build on our success in Latin America and leverage our global operating expertise to drive long-term, sustainable growth in the country and the region.”

Gautam Bhandari, Managing Partner and Chief Investment Officer, I Squared, commented: “I Squared’s São Paulo office will support management teams and invest in infrastructure assets in Brazil that address some of the most important challenges and opportunities in the region, including the energy transition, digital transformation, and urbanization. Our investments will focus on various critical sectors, such as power and distributed generation, digital infrastructure, food and agricultural export, as well as social and environmental infrastructure.

About I Squared Capital

I Squared Capital is an independent global infrastructure manager with over $38 billion in assets under management focused on investing in North America, Europe, Asia, and Latin America. Headquartered in Miami, the firm has more than 240 professionals across its offices in Singapore, London, New Delhi, Taipei, and Sydney. I Squared Capital has invested in a diverse portfolio of 81 companies with over 66,000 employees in 71 countries across the utilities, energy, digital infrastructure, transport, environmental infrastructure, and social infrastructure sectors providing essential services to millions of people around the world.

No discussion with respect to specific companies should be considered a recommendation to purchase or sell any particular investment. The companies discussed do not represent all past investments. It should not be assumed that any of the investments discussed were or will be profitable, or that recommendations or decisions made in the future will be profitable.