Fernando Beyruti, Global Head of Itaú Private Bank, highlighted the potential for this partnership to expand their advisory role in international investments. It bridges local wealth with global investment opportunities, setting a new standard for private banking in Brazil.
BlackRock to acquire HPS IP to deliver integrated solutions across public and private markets
This combination creates an integrated private credit franchise with USD 220 billion in client assets.
State Street and Apollo join forces to broaden investor access to private markets
“Private assets are one of the fastest growing sectors of the financial industry. We are excited to be working with Apollo, a global leader in alternative assets, to continue to increase accessibility to private markets, opening them to an even larger cross section of investors,” said Ron O’Hanley, president and chief executive officer of State Street.
Amundi and Victory Capital to become strategic partners
The transaction will allow Amundi to strengthen its presence in the US via a larger US investment and distribution platform, said Valérie Baudson, Chief Executive Officer of Amundi.
HSBC agrees to sell Argentine unit to Grupo Financiero Galicia
The deal includes all of HSBC Argentina’s business, which ranges from banking to asset management and insurance, as well as USD 100 million of subordinated debt.
VanEck strengthens Latam presence with Investment in brazilian ETF innovator Investo
“Investo's track record of innovation in the ETF space aligns perfectly with VanEck's vision for growth in Latin America. We are excited to contribute our global resources and investment expertise to support Investo's strategic goals for the Brazilian market”, said Jan van Eck, CEO of VanEck,
State Street appointed to provide investment services to AZ Quest
“We are pleased to announce this relationship with AZ Quest, as we continue to expand our capabilities across the region, furthering our goal of supporting leading institutional clients throughout Latin America,” said Marcia Rothschild, State Street head of Latin America.
Bice-Security merger will create fourth largest mutual fund manager
The combined assets under management of both mutual fund managers is close to CLP 6.0 trillion (USD 6.5 billion).
Compass and Vinci Partners announce business combination
With this strategic move, Vinci will expand its geographic footprint across eight countries, establishing a leading pan-regional platform with over USD 50 billion in assets under management.
BlackRock agrees to acquire Global Infrastructure Partners
The over USD 150 billion combined business will seek to deliver clients market-leading, holistic infrastructure expertise across equity, debt and solutions at substantial scale.