Alternative investment group HIG Capital has hired Daniel Nader for its Latin America team as part of its goal to expand its real estate activities in the region.
The Miami-based group, which runs over $21 billion in private equity and alternative assets, has hired Nader to spearhead its Brazilian real estate business and will be based in its Rio de Janeiro office.
Nader has over 12 years’ experience in the Brazilian real estate market and prior to joining HIG was a partner at GP Investments Real Estate.
HIG has been investing in Latin America since it established its operation in Brazil in 2012 and launched a dedicated Latin America fund in 2016.
The group’s real estate platform, which has been investing in the US and Europe since 2007, targets opportunistic real estate investments with a focus on adding value, improving performance and achieving attractive risk adjusted returns.
Commenting on Nader’s hire, Fernando Marques Oliveira, Head of HIG Latin America, added: ‘Daniel is an experienced real estate executive with a deep knowledge of the Brazilian real estate market, and an extensive network of contacts that we believe will serve us well.
‘HIG Latin America continues to expand, and having Daniel join our team both broadens our reach in terms of investable assets, and strengthens our focus on opportunistic and value added investing in small to medium capitalization transactions.’