The Hedge Fund Association has announced that it has expanded into Latin America. Victor Hugo Rodriguez, CEO of LatAm Alternatives, was appointed by the HFA’s board to serve as the Director of the Latin American Regional Chapter. Marcia Rothschild, Head of BNP Paribas Securities Services Brazil, and Otavio Vieira, Managing Director / Chief Investment OfficerofSafdié Gestão de Patrimônio (a wholly subsidiary of Banque Safdié), will serve as Co-directors of the Brazilian Chapter. Additionally, Juan Luis Rivera, Partner at Moneda Asset Management will be appointed as Director of the Chilean Chapter and Daniel Osorio, CEO of Andean Capital Management will take the reins as Director of the Colombian Chapter.

“The hedge fund industry has become increasingly global in scope. As such, it makes sense for the HFA to expand so that we can advocate on behalf of the international alternatives industry,” said David Friedland, President of the Hedge Fund Association and President of Magnum US Investments.

Over the last several years, the HFA has been aggressively expanding its footprint to include 4 regional US Chapters, Cayman Islands and EU Chapters and an Asian affiliate organization. The HFA has also lobbied on behalf of small and medium sized hedge funds to increase the Dodd-Frank AUM registration threshold from the originally proposed $30 million to the current $150 million.

“I am honored to take an active role in the HFA’s international growth and its advocacy efforts on behalf of the industry. I hope that the Latin American HFA can serve as a catalyst for the expansion of our industry in this key economic region,” added Victor Hugo Rodriguez, Director of the Latin American Chapter and CEO of LatAm Alternatives.