Pacific Asset Management (Pacific) has established a dedicated presence in Latin America following a successful year in which it has seen very strong demand for its actively managed strategies from investors across the region.
Having helped raise over $100m in the past year for Pacific through a third-party marketing arrangement, Sales Directors, Inés Pick and Santiago Queirolo Vilaró have joined a newly created entity, Pacific Asset Management LATAM, working for Pacific full-time as part of its broader Americas distribution team, reporting to Seb Stewart, Partner & Head of Americas Business Development..
Based in Montevideo, Uruguay, Pick and Queirolo will be responsible for developing Pacific’s presence across Latin America and the US Offshore market, building relationships with investors and supporting the distribution of the firm’s investment strategies across the region.
The expansion gives Pacific a permanent local presence in Latin America for the first time and forms part of the firm’s broader growth ambitions across the Americas.
Seb Stewart, Partner and Head of Americas Business Development, Pacific Asset Management, said: “Latin America represents a significant long-term opportunity for Pacific and the progress we have made over the past year has demonstrated the appetite that exists for active investment strategies like ours, that offer something genuinely different. Inés and Santiago bring deep relationships and knowledge of the Latin American market and have already created considerable momentum on which to build. .
“Having recently hired Carlos Rodriguez as our first employee in the US, establishing a dedicated local presence in Latin America is the natural next step for us. It’s a hugely exciting time for Pacific as we continue to build our business across North and South America and diversify our asset base globally.
Inés Pick and Santiago Queirolo Vilaró, Sales Directors at Pacific Asset Management LATAM, said: “We are very excited to formally become part of Pacific Asset Management and to represent the firm across Latin America and US Offshore. Pacific stands out for its entrepreneurial culture, strong focus on technology and differentiated investment solutions in an increasingly crowded industry. We see a great opportunity to build on our long-standing relationships across the region and contribute to Pacific’s continued growth.”
Inés Pick, Seb Stewart and Santiago Queirolo Vilaró