CdR Capital teams up with Hollander for Latam reach
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CdR Capital, a private investment group with offices in Geneva, London and Dubai, announces a strategic joint-venture with Hollander Wealth Management, a Miami-based wealth manager that also has an office in Sao Paulo.
To benefit from the strength of both brands in their local markets, it is the intention to rename the existing businesses in Miami and Brazil to CdR Hollander, giving the combined entity a greater global reach.
In addition to exposure to Latin America, Hollander Wealth Management brings with it a high level consolidated reporting infrastructure. Today, technology is integral to building successful businesses, particularly in the investment management space. Both parties already use Advent’s technology platform making integration seamless.
“In addition to our procedural synergies, Hollander shares our extremely long-term approach to client relationships. Our philosophy—that relationships are more a matter of time than transaction-volumes—matters a lot to us. Carlos and his colleagues share our view,” said Omar Ayache, CdR co-founder and managing partner at CdR Geneva.
“We met CdR Capital through common friends at Goldman Sachs. Their asset allocation investment approach and global view fits extremely well with our own consulting and reporting strength that we have with clients,” said Carlos Hollander, founder of Hollander Wealth Management.
“Although our partnership with Hollander is based primarily around client service, we are extremely interested in the longer term investment opportunities in Latin America,” Steve Smith, CdR co-founder and managing partner.
“Our co-ownership of the Frontier Fund, which is run by Manuela Cedermas at Tages Capital, has focused us increasingly on the region. Despite last year’s volatility, we believe strongly in Latin America’s long-term economic potential,” Smith added.
“Our relationship with Hollander is governed by equal shares of client responsibility and revenues. Additionally, we aspire to take a significant participation in Hollander’s business so that our interests are completely aligned. We would anticipate concluding this in the coming weeks,” said Paul Feldman, chief operating officer at CdR Capital.
The CdR Capital and Hollander Wealth Management strategic venture will oversee advisory, consulting and fiduciary services to client assets in excess of $2.5 billion. Together their clients include institutional investors, large family groups as well as individuals.
Geographically, Hollander Wealth Management is particularly strong in Latin America, while CdR Capital’s strength lies in the Middle East and Switzerland.
For further information contact +44 203 861 9900
CdR Capital
CdR Capital was founded in 2012 by Omar Ayache and Steve Smith, whose combined experience in derivatives, structured products, trading and wealth and asset management spans more than two decades each, to provide services such as investment management, corporate finance and trading to institutional investors, family offices. CdR has offices in Geneva, London and Dubai.
Hollander Wealth Management
Hollander Wealth Management, based in Miami, was founded in 2006 by Carlos Hollander, who brings more than 25 years of trading and investments experience, provides wealth and risk management services to a select group of families in Latin America. The state of the art consolidated reporting and control systems allow clients to invest globally with transparency and governance.
See website for further information on Hollander Wealth Management
Omar Ayache