Patria Investimentos to open Colombian private-equity shop

The firm, which is backed by Blackstone, has announced that it will open an office in Colombia and investment of up to USD 500 million.

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BNY Mellon announces hiring of Koelle and Salomonde

Koelle replaced René Boettcher. Salomonde, meanwhile, replaced Zeca Oliveira, one of three executives under the microscope for supposed “irregularities” at the firm. Oliveira and two others were officially dismissed from the company in early December, allegedly in connection with the “irregularities” mentioned above.

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Principal buys stake in Claritas

As part of its long-term strategy to boost its presence in Brazil it will buy a 60% percent indirect ownership stake in the Brazilian mutual fund manager.

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JP Morgan Funds strengthen in Latin America

The creation of a new job to coordinate all sales in the region, filled by Guiuliano de Marchi, combines with the plans to open a distribution office in Colombia.

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