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By Matthias Knab: The Hedge Fund Association (HFA) announced the launch of a new Latin American Chapter at an event in New York's Pierre Hotel on October 6th. According to David Friedland, President of the HFA, the Latin American Chapter is already one of the fastest growing chapters of the association.
The HFA appointed six Latin American directors:
- Jose Abbo, Managing Director, Corporate Finance at SFC Investments – Director, Panama Chapter
- Les Baquiran, Principal at Park Hill Group (a subsidiary of BlackStone) – Director, New York LatAm Chapter
- Michelle Furnari, Partner at LatAm Alternatives – Co-Director of Argentina & Uruguay Chapters
- Martin Litwak, Partner at Litwak & Partners – Co-Director of Argentina & Uruguay Chapters
- Carlos Rojas, CEO at Andino Asset Management – Director, Peruvian Chapter
- Les Baquiran, Principal at Park Hill Group (a subsidiary of BlackStone ) – Director, New York LatAm Chapter
Robust demand from private clients for hedge funds, but U.S. economy may pose risk for region
Les Baquiran pointed out that Latin American private clients express a robust demand for alternatives, however so far most Latin American institutions face regulatory restrictions when investing in hedge funds.
Anthony Scaramucci, Founder and Managing Partner of SkyBridge, a New York-based fund of hedge funds manager, is outspokenly bullish on Latin America on a mid to long-term basis, but also believes that the econo...................... To view our full article Click here
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