Former Santander Head Trader in Brazil Spearheads New Hedge Fund
- Brotto and other ex-Santander colleagues set up asset manager
- Greenbay Investimentos to launch a Brazil-focused hedge fund
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The proprietary-trading desk at Banco Santander SA’s Brazil unit has shaped a generation of traders who now sit at the top of some of the country’s hottest hedge funds. Gustavo Brotto is the latest executive joining this group.
Brotto, who left as the bank’s head of the proprietary desk in June, is creating asset-management firm Greenbay Investimentos, he said in an interview. The firm plans on launching its first product, a Brazil-focused hedge fund, by the beginning of 2021.