Addressable market
Addressable market and access to opportunities
The size of Brazil's complex credit market is public and verifiable. What is not public — and what Blackhill does not disclose — are the specific transactions, sellers and investors involved.
01Market sizing
Figures per the most recent public disclosures of the sources indicated. Consolidated: June 2026.
R$ 6.5 tn
Brazilian financial system credit book
Total credit volume in the national financial system.
Sources: Central Bank of Brazil
R$ 524 bn
Registered defaulted debt
Accumulated default by individuals and companies.
Sources: Serasa Experian
R$ 393 bn
Court-ordered claims stock
Final judicial claims in the budgetary queue of public entities.
Sources: Federal Audit Court · Attorney General of the Treasury
R$ 6 bn+
Municipal active debt
Addressable market potential opened by Complementary Law 208/2024.
Sources: Recovery · Deloitte
Sector-level market data, with source and reference date stated. It does not represent transactions, pipeline or assets advised on by Blackhill Capital.
02Access
Access to opportunities
Blackhill does not publish specific opportunities. Access follows a qualified process, with confidentiality formalised before any sensitive information is shared.
- 01
Institutional contact
Presentation of the institution, its mandate and asset classes of interest.
- 02
Confidentiality
Execution of an NDA before any information on assets or counterparties is shared.
- 03
Data room
Documentation made available for due diligence, with controlled, logged access.
- 04
Due diligence and structuring
The investor's independent diligence, followed by term sheet and transaction structuring.
03Legal notice
This material does not constitute: (i) a public offering of securities; (ii) a legal opinion; (iii) an investment recommendation; (iv) a promise of returns; nor (v) a guarantee of any nature. Investment decisions rest exclusively with the investor, based on their own analysis and independent due diligence.