HL RX Office in São Paulo

HL just opened a restructuring shop in Brazil.

Any of you guys know what is the strategy here? I understand all LatAm coverage is US based so curious if it is more Portuguese or Spanish language markets.

I know Lazard and Rothschild have offices in LatAm and do restructuring, but these offices are very weak. Maybe HL is trying to capitalise this opportunity.

Anyways, if you know anything about this office, please share

 

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