The RIA Scala Capital It seeks to advise and educate its clients so that they understand and are encouraged to invest in private credit and thus have the peace of mind of achieving good profitability, the firm’s founding partner, Alberto Siblesz, told Funds Society.
“Although in our portfolios it can be found from fixed income, stocks, ETFs, mutual funds among others, we are very believers in private credit. “I feel calmer with private credit,” responded the manager who resides in Miami.
On the other hand, Siblesz explained the “hard” work they do in Scala Capital to include alternative products in their portfolios. A study is made of private fund management firms in sectors such as real estate, private credit, private equity and venture capital.
The firm highlights that there is a very great opportunity to be in alternatives, but they also allege that for this it is necessary to make an effort to provide financial education for clients, given the nature of the investments and the limited liquidity that exists in the underlying assets in which invest these funds.
The RIA has a variety of clients represented by a 35% the domestic marketwhile 30% are Venezuelans, a 15% Peruvians and 10% Colombians and 10% in other countries in Central and South America.
“Latin Americans want to have more liquidity and less correlation with the markets” and in this way they can increase their exposure to alternatives, he assured.
Scala has $270 million under managementaccording to information provided to Funds Society in late April and is looking to expand in South Florida.
A few months ago he hired Estefania Gorman and Nicolas Martinez.
“The firm seeks to continue growing with advisors who seek to be independent and need to have some support in the industry,” Siblesz concluded.
