The Alternative Investment Management Association (AIMA), the global hedge fund association, has announced the formation of its AIMA Brazil Network.

The AIMA Brazil Network will feature a series of networking events for AIMA Brazil members and guests. A working lunch series in Sao Paulo has already commenced, with subjects such as fund regulation, shareholder activism, operational due diligence, AIFMD and international investments being discussed.

AIMA announced the launch of its Brazil initiative and the appointment of a local representative, Michelle Noyes of BRZ Investimentos, last year, saying that it saw its role as opening up an international channel of communication so that the Brazilian industry could engage in dialogue on key industry issues with their counterparts internationally.

“There has been a tremendous appetite for AIMA’s networking events in Brazil," said Michelle Noyes, AIMA’s Brazil representative. “It’s very heartening that some key members of the Brazilian industry have already joined AIMA. We are liaising closely with the Brazilian industry, the Brazilian authorities and with the Brazilian trade body ANBIMA, whose work we very much support.”

“We see tremendous interest from the Brazilian industry in engaging and thinking globally,” said Andrew Baker, AIMA’s CEO. “And there is considerable international interest in Brazil, for understandable reasons from investors, from managers and from service providers. We have a role in facilitating the dialogue taking place.”

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