Goldman Plans Brazil Private-Equity Comeback in Infrastructure

Goldman Sachs Group Inc., the Wall Street bank that doubled its Brazil headcount in the past two years, is planning a comeback in the nation’s private-equity market and expects returns as high as 35 percent.

“We are looking at some sectors that we think we understand and that need investments,” Alejandro Vollbrechthausen, president of the New York-based company’s Brazil unit, said in an interview in Sao Paulo. Infrastructure, commodities and telecommunications are among the target industries, the 44-year-old banker said.