International asset managers eye Brazilians nouveaux riches?

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

Advertisements

About Hildete Vodopives

Hildete de Moraes Vodopives is founder of Brazil Global and of the Harvard Strategists. She is a member of the Brazilian Investment Analysts Association (APIMEC-Rio) where she served as Corporate Relations Director and later, on the board. Hildete advises companies doing business in Brazil.
This entry was posted in Business, Investment, Private Equity / Venture Capital and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s