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| From left: Investment One’s Raphael Zagury, Bernardo Parnes and Fabio Jung |
Bernardo Parnes, co-founder and CEO of financial boutique Investment One Partners, says there is “clearly space” in the Brazilian market for independent consultancies such as his, which opened its doors at the beginning of this year.
Parnes, who was CEO of Deutsche Bank’s Latin American investment banking franchise until the German bank decided on wholesale withdrawal from the region, decided to establish his own firm after leaving in August.
His new firm will focus on two areas: financial consultancy for corporates looking to restructure, move through M&A transactions or who want independent advice on other transformational transactions such as IPOs.
The other “lateral” will be a wealth management service focused on ultra-high net-worth individuals and families – those with a minimum of R$50 million.
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