New fund

Rio Claro logistics fund raises BRL 81.9M in first public offering

What's the deal? Law firm Cescon Barrieu advised on the public offering of units from the first issuance of the Centro Logístico Rio Claro FII, a Brazilian real estate investment fund. The offering raised BRL 81,853,240.00.

Who's involved? Cescon Barrieu advised BTG PactualDealroom has a profile for this one. Try Dealroom → Serviços Financeiros Distribuidora de Títulos e Valores Mobiliários and Capitânia Invest. BTG Pactual Serviços Financeiros acted as lead underwriter.

The details: The transaction was conducted under the automatic registration procedure pursuant to CVM 160. The fund is structured as a single class of limited liability units.

What was the mandate? Cescon Barrieu handled all legal aspects on behalf of the lead underwriter. That included structuring the offer, advising on corporate and securities laws, and drafting the underwriting agreement, distribution notices, and registration documents for B3 and CVM.

The team was led by partner Vitor Arantes, with associates Marcella Rivellino and Bryan Perrenoud.

The signal: Logistics-focused real estate funds remain an active corner of Brazil's capital markets, with automatic registration under CVM 160 offering issuers a faster route to public offerings.

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