SAO PAULO, Dec 11 (Reuters) - BTG Pactual, the securities firm led by Andre Esteves, is set to launch a private equity-backed Brazilian infrastructure fund, to take advantage of massive road, port and dam projects, a senior executive said.

"With expectations of growth coming around 5 percent next year, the need for infrastructure investment will be huge," Eduardo Cutolo, an executive director at Sao Paulo-based BTG Pactual, told reporters late on Thursday.

Private equity investment is expected to grow next year as the country's growth prospects and declining interest rates draw a new class of risk-hungry investors.

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Posted by claire at December 19, 2009 8:21 AM