Last updated: 21:56 / Monday, 19 January 2015
Based in New York

Eliza Pepper, Fund Selection Chief for Itau AM, Exits the Firm

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Eliza Pepper, Fund Selection Chief for Itau AM, Exits the Firm
  • Her potential replacement, Jeff Lombardi, has already joined the group's New York offices
  • Lombardi is a former global head of private bank portfolio managers at Citi and is now a member of Itaú AM's international fund selection team

The head of offshore fund selection for Itaú Asset Management, Eliza Pepper, has left the Brazilian giant after seven years, Citywire Global publishes.

While her departure has been announced it is not yet known whether this will take place with immediate effect but her potential replacement, Jeff Lombardi,  joined the group's New York office last December as Head of Alternative Investing and Fund of Funds Group.

Lombardi is a former global head of private bank portfolio managers at Citi and is now a member of Itaú AM's international fund selection team.

Pepper joined the Brazilian group in 2008 to work in its New York office. Prior to this, she was head of investment manager research at UBS Wealth Management for two years. Between 1999 and 2006 she was at Citi, where was appointed head of research on its global investments platform for the wealth management division.

Itaú Asset Management runs $153 billion across all asset classes.

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