Sunday, 14 February 2016
Last updated 1 day ago
Apr 28 2011 | 8:01am ET
Recognizing the growing importance of the Brazilian hedge fund industry, the Alternative Investment Management Association has appointed a local Brazilian representative, Michelle Noyes, of BRZ Investimentos.
“The maturity and sophistication of the Brazilian hedge fund industry has been noted internationally, and what is clear is that there is not only an interest from the global industry—whether from managers, investors or service providers—in Brazil, but there is also an increasing desire from the Brazilian industry to engage and to think globally,” said Andrew Baker, AIMA’s CEO.
AIMA said that it would be working very closely with the Brazilian industry association, ANBIMA, and that it saw its role as a complementary one to the structures already in place for the Brazilian industry.
“Brazilian managers are becoming increasingly ambitious and looking beyond Brazil’s borders,” said Noyes, “and there is understandable international interest in Brazil. We look forward to facilitating the dialogue between the Brazilian industry and the international hedge fund community.”
AIMA is a global hedge fund association with over 1,200 corporate members in over 40 countries. Members include hedge fund managers, fund of hedge funds managers, prime brokers, legal and accounting firms, investors, fund administrators and independent fund directors.