Picton’s Latin American network, a major distributor of alternative funds in the region, continues to strengthen. With the opening of its new office in Mexico, the firm now has a presence in the main financial capitals of the neighborhood, adding to the openings of enclaves in Brazil this year and Costa Rica in 2024.
According to a statement, the decision comes six years after beginning to cover the Mexican market and reflects the investment firm’s interest in strengthening its capabilities in the country.
To this end, the firm recruited David López as partner and head for Mexico. The executive brings nearly two decades of experience in the financial industry. According to his LinkedIn profile, he previously spent a decade at Ameris, where he led its Mexican office and served as director of debt. He also worked at BTG Pactual Chile, Euroamerica, and Celfin Capital.
“David brings extensive experience, and his leadership and strategic vision will be fundamental in continuing to expand our presence in this market,” highlighted Picton in its press release.
Office in Brazil
In the case of Brazil, Picton opened the doors of its office at the beginning of 2025. Initially, they detailed, the focus was on the institutional clients and family offices segment, but the firm aims to expand into pension funds, once regulations allow them to invest internationally in alternative assets.
This operation is headed by Marcos Yokota, a professional with over 25 years of experience in the industry, who joined as partner and head for Brazil. Previously, the executive served as head of sales for Brazil at Vinci Compass, where he spent three years. He also worked at Persevera Asset Management, Santa Cruz Investimentos, TCX Planejamento e Gestão de Investimentos, BM&F Bovespa, Vector Investimentos, and JPMorgan, among others, according to his professional profile.
Office in Costa Rica
Recently, Picton has also extended its reach to a region that is increasingly drawing interest: Central America and the Caribbean. As a beachhead in this market, the distributor opened an office in Costa Rica last year.
This operation has been developed by partner Richard Villiers, who has led the expansion into Central America, supporting major institutional investors in the design and implementation of their investment programs in alternative assets, according to the firm.
The professional joined the firm in 2024 as head for Central America and the Caribbean, with a strong track record in asset management. Previously, he worked as a banker at J.P. Morgan and Morgan Stanley, led the private asset investment firm Genera Holdings, and served as CIO and CEO of the single-family office Waverly Group.
International Network
In addition to the heads of Picton’s three most recent offices in Latin America, the firm also recruited Juliana Pacheco in Colombia and Fernando Camino covering Peru. The effort is complemented by the rest of the team led from Chile by Matías Riutort, partner and head of institutional distribution.
“Picton is consolidating as the largest placement agent in the region, with over USD 12 billion raised, coverage across 10 countries, and 5 offices in Latin America,” stated Matías Eguiguren, founding partner and head of institutional distribution.
“We are convinced that these additions will further strengthen our ability to generate value for our partners and deepen our relationships with clients,” he added.
For Fórmate a Fondo
For Funds Society, Madrid