Sartus Capital is expanding its staff. The asset manager has hired an emerging markets team from UBS Germany and a manager from Lombard Odier.
Felipe Eduardo De Almeida e Silva, founder and chief executive of Sartus Capital, has appointed Sven Blake as his deputy, according to a report by «Citywire». At Lombard Odier, Blake worked with wealthy clients and family offices with a special focus on Latin America, the Middle East and Switzerland.
Sartus Capital, which is based in Geneva, has also poached an entire emerging markets team from UBS Germany. Thomas Terschluse, the former head of Brazil, will join Sartus in the rank of a managing director and lead the London branch of the company.
Pending the German License
Andre Leao Groetzinger was also appointed as a managing director, while Stefan Hanke, Bernd Bertram, Felix Haegele and Hannes Trippler join the team as senior vice presidents.
The former emerging markets team of UBS currently works at Sartus’ London office with a view to shift their activities back to Hamburg as soon as the necessary license has come through, according to the report.
Further Appointments Will Follow
The latest set of appointments follow the hiring of Steve Sénèque in March as new head of investments.
«A lot of people are moving towards independence and there's a big trend of people moving from the banks,» said De Almeida e Silva in an interview with «Citywire».
Active Consolidator
He is planning to hire one or two teams to cover Mexico, he said. Sartus will use the coming year to both grow internally but to also become active in the consolidation of the industry. De Almeida e Silva targets wealth managers with assets of 500 million to 1 billion Swiss francs.
He founded Sartus Capital in July 2016 in Geneva, where he based the headquarters of the fledgling company. Sartus also has offices in London and Hamburg. The firm is part of XP Investimentos Group, a global investment platform based in Sao Paolo.
