Arakaki will head JHSF Capital global fundraising efforts among Institutional investors and wealth management firms, starting with the Latin American markets.

In the wake of the uncertainty created by the pension reform debate, some wealth investors have opted to expand their positions in international equity.

“We are excited to introduce iCapital Model Portfolios, an innovative application for wealth managers to incorporate alternative investments into their clients’ portfolios,” said Lawrence Calcano, Chairman and CEO of iCapital.

A total of 22 products were added in the month from six different asset managers: Aegon, Bradesco, Invesco, Moneda, Oaktree andTikehau.

Internal political and governance situations are likely to push the executive into signing a bill that was passed with a large majority and multiparty support.