Opalesque Industry Update: The first dedicated placement agent focussed on raising capital for Latin America, has just been launched in São Paulo by Daniel Rummery, former CEO of Ridgeway Capital.
“I am very excited about the opportunities across Latin America, and the long term prospects for raising significant capital from international investors. With LatAm Capital Partners I will continue to build upon my past track record of having placed over 1bn USD with local managers” said Daniel.
He continued, “Despite current troubling economic times, we at LatAm Capital are very excited about the resulting distressed and credit opportunities emerging from recent market turmoil which has opened a whole new wave of possibilities.”
LatAm Capital Partners is based in São Paulo to enable us to focus more effectively on bringing international investors to Brazil while also maximising the secondary opportunity of working with local family offices and pension funds looking to increase their exposure to international asset managers.
The business raises capital for both funds and direct transactions with a focus on Brazil, Mexico, Columbia and Peru. It represents qualified investment managers, general partners and management teams across industry sectors and across the major alternative asset classes, namely: private equity, real estate, real assets (infrastructure, energy and natural resources), credit and liquid products.
<p style=”text-align: right;”>Source: <a title=”opalesque” href=”http://www.opalesque.com/industry-updates/3408/first-dedicated-latin-american-placement-firm-latam-capital.html” target=”_blank”>opalesque</a></p>