SoftBank appoints two new managing partners to LatAm Fund team while Singapore Exchange (SGX) has announced that Jane Diplock, a non-executive, non-independent director, will be retiring from the board.
SoftBank ropes in managing partners for LatAm Fund
SoftBank has appointed Rodrigo Baer and Marco Camhaji as managing partners to its Latin America Fund team.
According to an announcement, they will join SBLA Advisers Corp., which manages the SoftBank Latin American Fund (LatAm Fund) and the SoftBank Latin American Fund II (LatAm Fund II).
In this role, they will focus on identifying and supporting early-stage companies across the Latin American region.
They will be based in São Paulo, Brazil, and will report to Marcelo Claure, corporate officer, executive vice president & chief operating officer of SoftBank Group, chief executive officer of SBGI and chief executive officer of SBLA Advisers Corp.
“As one of the largest and most active technology investors in Latin America, the LatAm Fund has invested in almost two-thirds of the unicorns operating in the region,” said Claure.
Baer is one of the pioneers of the venture capital industry in Brazil, investing in more than 20 companies since 2010. Baer co-founded Warehouse Investments, was an Engagement Manager at McKinsey and worked in Aurora Funds, a Healthcare Services-focused venture capital fund in the US.
Camhaji, meanwhile, had vast experience working with technology investments in Latin America since 2008. Prior to joining SoftBank, Mr. Camhaji was a Business Development Principal at Amazon, establishing strategic partnerships with fintech companies in Latin America.
Two SGX directors to retire
Singapore Exchange (SGX) has announced that Jane Diplock, non-executive non-independent director, will be retiring from the board by rotation at the end of the bourse’s 22nd Annual General Meeting on October 7.
Diplock, 72, was also a member of SGX’s audit and risk management committees. She was appointed to her role in 2011.
Besides, Ng Wai Keng who is non-executive, non-independent director will also retire from the position from October 7.
Ng, 54, was appointed to the position in 2018 and was also a member of SGX’s remuneration and staff development committee.