Mirabaud Family Office Brasil accelerates its development in the country, a key market for the group

As part of the proximity of the Mirabaud family with clients, partners and teams across its robust international platform, Nicolas Mirabaud, Managing Partner of Mirabaud and 7^th generation of the founding family, has just spent several days in Brazil, a key market for Mirabaud’s Wealth Management. Together with Thiago Frazao, Head of Mirabaud’s LATAM team, Group Equity Partner, they met with clients as well as the expanded Brazilian team, headed by Urbano De Moraes.

Urbano De Moraes was recently appointed CEO of the Mirabaud’s Brazilian Family Office based in Sao Paulo. He has more than 40 years of experience in financial markets. Prior to joining Mirabaud, de Moraes led CA Indosuez Brasil for a decade. Previously, he was an executive at financial institutions in the private and corporate sectors, having worked at Crédit Agricole, Credit Lyonais (in Brazil and France) and BFB.

De Moraes joins Eric Hatisuka, Chief Investment Officer, and his skilled team. Hatisuka is a seasoned professional with over 20 years’ experience in the banking industry and family offices. The Mirabaud Family Office Brazil team has also been bolstered by other recent appointments such as bankers Yan Szuchmacher, Silvia Groszmann and Pedro Vianna as well as Fabio Faria, portfolio manager.

Thiago Frazao says, “Brazil is a key market for Mirabaud, and I am extremely pleased about this strong development in the country. The combination of the Group’s international platform together with the integrated local team allow Mirabaud to accompany families and private clients to the highest standards and in the most personalised way.  Having Urbano as the CEO of Mirabaud in Brazil, together with the other recent appointments, further enhances the breadth of expertise and reaffirms Mirabaud’s strong commitment to the region.”

Urbano de Moraes adds, “I am delighted to have joined the Mirabaud family. The Group’s extensive network allows us to bring together local and international wealth management capabilities and take a global approach to asset allocation, including access to private assets, tailored to our clients' needs. Our close relationship with clients and constant monitoring of markets allows us to maintain focus on the objectives of each individual client.”

The Mirabaud Group arrived in Brazil in 2020 when it obtained a representation licence from the Central Bank of Brazil. In 2022, the Group obtained its management licence from the CVM and in June 2023 it launched its own fund.

The investment in human capital in Brazil seeks to exploit the potential market estimated at more than R$500 billion in the Wealth Management segment. In just a few months, it has already reached R$1 billion in assets under management and expects to triple this figure in the next 18 months.