Probably so. One more international house crossing the Equador line heading Brazil. Hamilton Lane, an independent private equity asset management announced that it is planning to open an office in Rio de Janeiro. Local office will be headed by Ricardo Fernandez Silva, Jr. and Filipe Caldas. Both execs come from swiss firm Capital Dynamics, who set foot in Rio one year ago… They served as V.P.s in the Investment Management and Business Development groups.
About Hamilton Lane
Hamilton Lane is an independent financial institution that provides discretionary and non-discretionary private equity asset management services to sophisticated investors worldwide. With offices in several U.S. cities, London, Tel Aviv, Tokyo, Singapore and Hong Kong, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private equity asset class on a global and customized basis.
Founded in 1991, Hamilton Lane now has 160 employees and more than $110 billion in total assets under management and supervision, with approximately half of the client base in the U.S. and half overseas.
Disclaimer note to international asset managers
Under Brazilian regulation, all asset managers are required to obtain an authorization from the Comissao de Valores Mobiliarios – CVM in order to render asset management services. CVM is the Brazilian SEC. Currently, Hamilton Lane is not registered with the CVM to render this type of service, but it is in the process of filling the authorization request.
SOURCE Hamilton Lane/ The Digital Journal