Tendolini to Lead SulAmerica Equity Team

Tendolini to Lead SulAmerica Equity Team

People Corporate & Sovereign Strategy Brazil

Brazil-based insurance company SulAmerica Investimentos has hired Fernando Tendolini to head a new division dedicated to investing in public equities. Tendolini tells LatinFinance the new fund will look to take stakes of around 5% in Brazilian companies, with an eye toward achieving board representation. At least 60%-70% of the fund will be dedicated to companies listed on the Bovespa, though it could also invest in pre-IPO situations through convertible bonds. The fund will seek to take activis

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