Strategy

Emerging, Frontier Markets Specialist Raises Latin American Game

Tom Burroughes Group Editor 15 May 2019

Emerging, Frontier Markets Specialist Raises Latin American Game

The move is a bid by East Capital to strengthen its capabilities in the Latin American market.

East Capital, which specialises in emerging and frontier market investments, is ramping up its work in Latin American markets. It has partnered with Chilean firm Credicorp Capital Asset Management.

Credicorp Capital AM, based in Santiago, will be folded into East Capital’s investment process, working directly with team members focusing on Latin America, and providing advisory support on the macroeconomic and political environment, as well as analysing investment and divestment ideas.

East Capital oversees $3.5 billion in public equity funds, real estate funds and separate accounts, for various types of investor.

“This cooperation with Credicorp will provide East Capital with deeper insight into markets in Latin America. We believe the investment style of East Capital and Credicorp are very compatible, reflecting the value of a long-term focus and ESG integration. We expect their input and market knowledge to significantly enhance our investment capabilities in Latin America," Peter Elam Håkansson, chairman and chief investment officer of East Capital, said.

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