Board of Directors
CIO – Helder Soares
Helder holds a bachelor in Business Administration from Fundação Getulio Vargas – FGV and Economics from USP. He began his career as an investment equity analyst at Banco Patrimônio in 1992. In 1994, he moved to Banco Matrix, where he became a partner responsible for equity operations. In 2001, he joined Claritas to serve as Equity Portfolio Manager. Currently, he is Claritas’ Chief Investment Officer. Helder is a member of the Board of Directors, of the Executive Committee and the Senior Investment Committee. He is the founder and chairman of AMEC, an association focused on the defense of minority shareholders´ rights in Brazil.
CCO – Ernesto Leme
Ernesto holds a bachelor in Engineering from Unicamp, a graduate degree in Business Administration from FGV-SP and an MBA from Harvard Business School. He started his career as a trainee at Citibank in 1990. In 1995, he moved to Banco Matrix, becoming a partner in 1996. At Matrix, he was responsible for the portfolio management of Hedge Funds. In 1998, he moved to New York where he served as Head Trader of the Brazilian desk at DLJ (Donaldson, Lufkin & Jenrette). Later on, he moved to Goldman Sachs where he acted as Executive Director in the London, Zurich and Geneva offices. He returned to Brazil in 2005 to serve as Executive Director and Desk Head of the Key Clients Team at Banco UBS Pactual. Ernesto moved to Claritas in 2008 as CEO of Claritas Wealth Management and became a partner in 2010. In October 2014, after the company´s sale to Principal Financial Group (PFG), he became Claritas’ Chief Commercial Officer. Currently, he is a member of the Board of Directors, of the Executive Committee and presides the Commercial and Products Committee and the Wealth Management Committee. He is a member of ANIBIMA’s Commission for Investment Funds and of the Regulation and Best Practices Board for independent Wealth Managers.
COO – Cassiano Morelli
Cassiano holds a bachelor in Public Administration from Fundação Getulio Vargas – FGV. He started his career in the credit department of Banco ABC Brasil in 2005. He was focused in the analysis of the Large Corporation segment. In 2006, he moved to Rio Bravo Securitizadora (current RB Capital), where he was in charge of the credit analysis. In 2008, he joined Claritas working with structured products and became a partner in 2011. In December 2015, after the company´s sale to Principal Financial Group (PFG), he became Claritas’ Chief Operating Officer. Currently, he is a member of the Executive Committee and the Senior Investment Committee.
Manager of Equities funds – Eduardo Morais
Bachelor in economics from UFRJ-RJ. CFA. He began his career in 1998 as an equities analyst and portfolio manager at Banco Matrix. In 2002 he joined Claritas as a member of the equities funds management team. He became a partner at Claritas in January 2005.He is head of equities fund management, being also a Member of the Senior Investment Committee.
Manager of Macro funds – Damont Carvalho
BA degree in Business Administration – Mackenzie/SP, Brazil and MBA in Finances. Started his career at Chase Manhattan Asset Management/JP Morgan Asset Management working in several positions related to fixed income and hedge fund from 1996 to 2003. In 2004 worked as VP responsible for Hedge Funds at ABN AMRO Asset Management. In 2005 worked at Fator Administração de Recursos (FAR) in several positions related to fixed income and derivatives and before leaving the company was head of the asset. In 2012 joined Claritas in the portfolio manegement of Macro strategies. As well as he is also Member of the Senior Investment Committee.
Manager of Structured Products – Mario Issa
Bachelor Degree in Production Engineering from University of São Paulo (USP), MBA in Finance from the Brazilian Institute of Capital Markets (IBMEC), and MBA in Actuarial Sciences from FIPECAFI. Twenty (20) years’ experience in the financial market, having worked in financial institutions such as Banco Itaú, Banco Crefisul, Banco Fator, Matrix, Bank Boston, JP Morgan and GP Investments. In 2007 he started at Claritas, becoming a partner in 2008. He is responsible for distributors for institutional investors and structurating products.
Equity Analyst – Paulo Frade
BA degree in Business Administration – FGV 2002. Started his career in April 2002 at Claritas as a junior equity trader. Since then, has been allocated to the equity research team.
Illustrations, indicative values and further information provided herein are for informational purposes only and should not be construed as an advertisement with respect to the purchase or sale of shares of any investment fund. No information provided herein constitutes a solicitation, offer or recommendation to buy or sell shares of any investment fund managed or sponsored by Claritas nor should it be construed as such in any jurisdiction where such a solicitation, offer or recommendation would be illegal. Any offering is made only pursuant to the relevant offering document and further constitutive documents, together with the current financial statements of the relevant fund, if available, and the relevant subscription application, all of which must be read in their entirety. No offer to purchase securities will be made or accepted prior to receipt of those documentation and the completion of all appropriate documentation. Past performance of a fund is no guarantee as to its performance in the future. The value of investments may fall as well as rise, investors may not get back the amount of money invested and currency movements may have a negative as well as positive influence on returns. Pursuant to ANBID (the “Brazilian Financial and Capital Markets Entities Association”) regulations, an analysis of at least 12 (twelve) months is recommended when evaluating investment fund’s performance. Investment funds’ performance is not guaranteed by the fund’s service providers, Claritas the Brazilian Credit Guarantor Fund – FGC or any other insurance mechanisms whatsoever. Nothing in this presentation constitutes an advertisement, investment, legal, tax or other advice nor is it to be relied upon in making an investment decision, nor is intended for public use or distribution.