After more than a decade working across various firms between Italy and Miami, executive Alberto D’Avenia has returned to BNP Paribas Asset Management. The professional announced his appointment via LinkedIn after assuming the role of Head of Americas Distribution at the asset manager.
In his new capacity as Head of Americas Distribution, he will be responsible for the entire Americas region, covering the full scope of LATAM, U.S. Institutional, and U.S. Offshore. However, according to sources familiar with the matter, D’Avenia oversees BNP Paribas AM’s liquid asset strategies. For alternative assets, the executive in charge is Álvaro Correas, who serves as Head of Business Development and Investor Relations for Iberia and Latin America at CAPZA—the firm serving as BNP’s private equity and private debt arm.
The asset manager’s regional distribution team, which D’Avenia now joins, includes John Barletta and Rafael Tovar. John Barletta currently serves as Head of Wholesale Distribution for BNPP AM, while Rafael Tovar serves as Head of U.S. Offshore and Wholesale Distribution for Latin America at the former AXA Investment Managers, which is now fully integrated into BNPP AM.
It is worth noting that AXA IM was incorporated into BNP Paribas AM in July of last year. Within the group’s structure, the firm operates under the Investment & Protection Services division, which specializes in investments, savings, protection, and real estate services. BNP Paribas Asset Management maintains a local presence with offices in Brazil and Mexico, and has a Head of LatAm (excluding Brazil) supporting product sales across the region: Pedro Pablo Montero, who is based in Chile. In Brazil, operations are led by Aquiles Mosca, CEO of Brazil and Head of Sales for the country, who will now report to Alberto D’Avenia.
In addition to AXA’s agreement with AMCS—a Miami-based group dedicated to distributing third-party strategies across Latin American and U.S. Offshore markets—BNP Paribas Asset Management maintains a local footprint with offices in Brazil and Mexico.
Extensive Industry Experience
Prior to returning to the group, D’Avenia served for three and a half years as Head of U.S. Offshore at Voya Investment Management. Before that, he spent a decade at Allianz Global Investors, where he rose to the position of Head of U.S. Non-Resident Business and LatAm Retail.
A major stretch of the professional’s career—spanning 13 years across various positions—was spent precisely at BNP Paribas AM. He first joined as a Senior Client Relationship Manager in 2000 and advanced within the firm to become Head of External Distribution Sales for Italy and the Mediterranean region between 2011 and 2013. Additionally, he has held positions at Epta Fund SGR, Deutsche Bank Italia, Azimut, and Prime Consult SIM
