Alterna looks to new markets in LatAm, Europe

Alterna looks to new markets in LatAm, Europe

Corporate & Sovereign Strategy Asset Management Capital Markets Bonds Equity Mexico United States Chile Colombia Peru Spain

Alterna Asesoría Internacional, a spin-off from Mexican financial services firm Actinver, is looking to expand to Europe and other markets in Latin America in the next five years, but it does not plans to issue debt to fund growth, CEO Alonso Madero told LatinFinance on Friday. "We have a capital of around $20 million in capital and, with that, we are more than overcapitalized to carry out projects" in the first phase of the expansion plans, he said.  Alterna has offices in Mexico City and Houst

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