Cartesian Capital Group’s $75 Million Investment in Aloo Telecom


Veirano and TozziniFreire advised on the deal

Cartesian Capital Group finalized its $75 million investment in Aloo Telecom by 2021.

Aloo operates in 14 states with 3,000 clients, including businesses, internet providers, governments and other telcos, and plans to use the funds to push forward by two years a national expansion plan. Cartesian founders Geoffrey Hamlin and Paul Pizzani will join the company’s board.

Cartesian Capital Group, LLC is a private equity and venture capital firm specializing in alternative investments in the high growth companies and emerging markets to generate superior risk adjusted returns. The firm, led by Peter Michael Yu, Thomas R. Armstro.

Veirano advised Cartesian Capital Group with Lior Pinsky (Picture), Renata Fialho de Oliveira and Marcelo Shima Luize.

TozziniFreire advised Aloo Telecom with Darcy Teixeira Junior, Oduvaldo Lara Junior and Eduardo Serafini Fernandes.

ng, Geoffrey L. Hamlin, William W. Jarosz and Paul G. Pizzani is based in New York.

Involved fees earner: Darcy Teixeira Junior – Tozzini Freire ; Oduvaldo Lara Junior – Tozzini Freire ; Eduardo Serafini Fernandes – Tozzini Freire ; Lior Pinsky – Veirano Advogados; Renata Fialho de Oliveira – Veirano Advogados; Marcelo Shima Luize – Veirano Advogados;

Law Firms: Tozzini Freire ; Veirano Advogados;

Clients: Cartesian Capital Group, LLC; Aloo Telecom;

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Author: Ambrogio Visconti.