Ontario Teachers puts $70 mln to work in Brazil's Dafiti Group

Brazilian online fashion retailer Dafiti Group has secured funding totaling US$70 million from Ontario Teachers' Pension Plan, helping the company to fulfill its goal of providing fashion, lifestyle and sports products in Latin America. Dafiti, which was established two years ago, has attracted US$255 million in financing from such investors as JP Morgan and Quadrant Capital Advisors.

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