According to information available to Funds Society through sources familiar with the appointment, Ramón Hache has joined Permal Group’s ranks in order to develop the firm's business in Latin America. He will report to Shane Clifford, Head of Business Development for the Americas. Funds Society also contacted Permal directly, but the firm declined to comment on news of the appointment.
With over 16 years’ industry experience, Hache comes from Barclays Wealth, where he was managing director. He previously worked for over a decade at Deutsche Bank Private Wealth Management, serving U.S. and Latin American HNWI.
Permal is a global alternative asset manager offering investment solutions through funds and customized portfolios. Founded in 1973 and with over 23 billion dollars under management globally, the group is defined as “product engineers.” From a “top-down” perspective, the firm focuses on the selection of managers, asset allocation, risk management and alternative investments.