Quilvest Group, the global wealth manager and private equity investor, has opened two new offices in Brazil and Switzerland, making these the twelfth and thirteenth offices in the firm’s empire, it announced today.

The offices, in São Paulo and Geneva will be integrated with Quilvest’s global network and involved in business development. The São Paulo office will focus on direct and co-investments as well as private equity and real estate fund investments, while the Geneva office will focus on wealth management, the Paris-headquartered firm said in a statement.

The São Paulo office will be headed by Daniel Arippol. He joined Quilvest Private Equity in 2011 and focuses on fund selection for QS GEO PEP, Quilvest Private Equity Global Emerging Markets programme, and co-investment opportunities in Latin America. He will relocate from New York to São Paulo.

The Geneva office will be a branch of the Zürich office and be headed by Selim Feghali. He has advised UHNW individuals in leading financial institutions.

Held by the Bemberg family for seven generations, the group’s origins date back to the late 19th century and it now has around $19 billion of assets, employing almost 400 staff.