Finance · Investment Banking13-Year Recurring MandateEnglish · Portuguese

Goldman Sachs Brazil — 13 Years of Simultaneous Interpretation

From a referral by The Economist in 2011 to today's recurring Investor Days.

▶ QUICK SUMMARY

lingo's relationship with Goldman Sachs Brazil is documented starting September 2011 — twelve years earlier than lingo's main portfolio had recorded until then. The connection came through Alejandra Cumbrera, then at The Economist and later at Goldman Sachs itself. Since then, multiple mandates spanning 13 years, including recurring annual Investor Days via Zoom in 2023 and 2024.

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How the relationship began

Alejandra Cumbrera — then at The Economist — connected lingo to Goldman Sachs. In September 2011, now a Goldman Sachs Brazil employee, she hired Alex Barros for a corporate event.

Invoice 156468 was issued on September 21, 2011 and confirmed received the next day. On September 14, 2011, Alex was already physically in Goldman Sachs's interpretation booth — evidence recorded in an email with Renee Palata.

This documented start predates by twelve years what lingo's main portfolio had recorded until this material was rediscovered — a reminder that long-term corporate relationships leave traces in places that aren't always in the most visible records.

Timeline of the relationship

Sep 2011
First documented event

Invoice 156468 issued and confirmed by Alejandra Cumbrera (@gs.com). Alex physically in the interpretation booth on 09/14/2011.

Apr 2013
Meeting with Marcio Holland

Coordination with Mariana Sartor and Aline Maciel (both @gs.com): "Let's do the tests at 2pm." Alex arrived at 3pm — event took place.

Jul 2014
Contact with the GS team

Alex reached out to Valeria Delbania, Aline Maciel and Rui Murua (all @gs.com) — three out-of-office replies received, evidencing the re-engagement attempt.

Aug 2017
Project 2017-AGO-10-BH completed

Payment confirmed, coordinated by Meyre Sakurai, from the Executive Office.

Apr 2024
Technical test via Zoom

Interpretation test in a webinar with Language Interpretation, coordinated by Evelyn Conrado and Subham Das — reflecting the professionalization of RSI platforms at investment banks post-pandemic.

2023–2024
Recurring Investor Days

Annual Investor Days in São Paulo via Zoom with Language Interpretation — relationship active to the present.

Vocabulary from the Goldman Sachs mandates

AreaTechnical terms
M&AValuation, due diligence, SPA, MAC clause
Investor RelationsEarnings, EPS, EBITDA, guidance
ECMIPO, follow-on, bookbuilding, greenshoe
DCMBonds, debentures, CRIs, CRAs, covenants
MacroFX, spreads, credit default swaps, yield curve

The Investor Day format — one day, multiple companies, one interpreter

Beyond the direct relationship, lingo also interprets the Investor Day events Goldman Sachs organizes in São Paulo — annual conferences where international institutional investors (funds from New York, London and Asia) meet Brazilian company CEOs and executives. The format combines keynotes (investment thesis presentations to the full audience), sector panels (multiple executives discussing trends) and 1-on-1 meetings between a Brazilian CEO/CFO and an international fund analyst or manager.

It's a radically different format from a roadshow: instead of preparing one company's vocabulary and reusing it for days, the interpreter needs to be ready for the investment thesis of multiple companies across multiple sectors — from agribusiness to fintech to retail — sometimes with just minutes between sessions. Goldman Sachs has been present in Brazil since 1995, today with roughly 240 professionals in São Paulo covering investment banking, capital markets, research and asset management.

Frequently asked questions

When did lingo's relationship with Goldman Sachs begin?+

In September 2011, documented by invoice 156468 — twelve years earlier than lingo's main portfolio had recorded until this material was rediscovered.

How did the connection come about?+

Through a referral by Alejandra Cumbrera, then at The Economist and later a Goldman Sachs Brazil employee herself.

What's the format of the recent Investor Days?+

Annual Investor Days in São Paulo via Zoom, with the Language Interpretation channel activated — 2023 and 2024 documented.

What other investment banks does lingo serve with a similar history?+

JPMorgan, Morgan Stanley, Bank of America and Rothschild, with relationships spanning more than a decade.

Does the interpreter sign an NDA for investment banking mandates?+

Yes. For mandates involving non-public information, lingo signs a bilateral NDA before the service begins.

Does your bank need an interpreter for a long-term relationship?

Tell lingo the expected recurrence and languages involved.

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13+ years
of documented relationship, 2011 to 2024
2011
first event, invoice 156468
Investor Days
recurring annually since 2023
English · Portuguese
relationship's language pair

Lingo Qi Interpretações LTDA · CNPJ 53.834.741/0001-34 · São Paulo, SP