SAN DIEGO--(BUSINESS WIRE)--Today, Ethos Asset Management Inc., USA announced the formation of Ethos Capital Brasil Ltda. (EB) in Brazil, a recent creation and addition to the Ethos Group. The company was incorporated on April 14th, 2021, by the President and CEO of Ethos Asset Management Inc., USA, Carlos Santos, in Brazil with the support of its Executive Director to Central and South America - Mayra Fonseca Couto.
This new operation and physical presence will enable Ethos to overcome some of the challenges in receiving financial guarantees and other financial instruments into its USA banks from various global jurisdictions. ECB will enable Ethos Asset Management Inc., USA, to conduct its ongoing day-to-day worldwide financing activities and to penetrate new markets by providing much-needed investment in local businesses, corporations, governments, and community-based organisations.
The company considers this move to be a significant development in the continued growth and expansion of the Ethos group. The move will go far to address the needs of the Brazilian market by having a physical presence in country and will allow Ethos to protect its clients from the exchange ratio exposure of the Brazilian Real against the US Dollar. At the same time this new structure allows Ethos to provide a more bespoke, efficient, high performing service of excellence to its clients who currently represent 39% of Ethos’ Closing Pipeline.
Carlos Santos, President and CEO of Ethos, stated, "We were very excited and motivated to establish a subsidiary of Ethos in Brazil. This will provide to our present and future Brazilian clients and potential partners in the region with the opportunity to be financed by Ethos dynamically, efficiently, and personally. Our movement is based on the relevance of the market in terms of size and the fact that we have Energy & Natural Resources and Infrastructure & ‘Development of Countries’ as our target sectors of investment, such areas are exceptionally large and predominant in the Brazil economy. Our new local structure allows us to cover the currency exchange ratio exposure of our clients and provide our investment with higher quality support and a multiple supply of current solutions for our clients. In our view the pandemic opened the door to one of the biggest emergency markets in the world and the eternal BRICS member.”
Mayra Fonseca Couto, Executive Director to Central and South America of Ethos, in Brazil, said, “Brazil is an extremely relevant player in the group of emerging markets and is clearly one of the best in terms of investment opportunities. The banking system in Brazil is modernizing and Ethos wants to support it in the capitalization of the Brazilian entities matching global funding and local expertise. To have this opportunity to support Ethos and be a partner in our visionary strategy will impact Brazil’s economy in a unique way is really an honour. Ethos is a vehicle of structural change and can allow our country to be a more developed, organized and sustainable nation realising its dream to lead as a BRICS member and to become a fully developed country.”
Perminio Moreira, CEO, and Board Member of Meat Group, said, “Ethos regards Brazil as priority in terms of building long term relationships. We are very pleased to have a first-class Partner looking for our region with such attention and providing dedicated local support during the whole Meat Foods project building process, and other business that seek to grow in this moment of market recovery."
About Ethos Capital Brasil Ltda.:
ETHOS Capital Brasil Ltda., a limited liability company, incorporated under the laws of Brazil, is a subsidiary of Ethos Asset Management Inc., with a global outreach in project financing. Ethos allocates its own resources to finance government and privately promoted projects on every continent and in every sector providing capital to structure projects and restructure debt.
About Ethos Asset Management:
Ethos Asset Management (Ethos) is an independent, US-based company with a global reach in resource mobilization and project financing. Providing financing to government and privately promoted projects in every continent and every sector, Ethos has developed a unique risk modulation model which allows them to provide financing in terms not available anywhere in traditional financial markets. Additionally, Ethos provides advice to structure projects and restructure debt. Ethos supports and develops their clients to navigate changing market environments to achieve their long-term goals with confidence. For more information about Ethos Asset Management, please visit https://www.ethosasset.com/.
You can hear from Carlos Santos, Ethos CEO, in Dubai where he is Guest Speaker and Panellist at The Leaders Without Borders Leadership Summit and International Honours, the #1 gathering of high-achieving level professionals from all across the World, at the Habtoor Palace, Dubai, on 29th - 30th September, 2021.
For more information about Ethos, please visit: https://www.ethosasset.com/.