BancTrust & Co. is a boutique investment banking group highly specialised in Emerging Markets with a primary focus on high beta credit markets in Latin America.
The group offers investment banking, securities trading, market research and investment advisory products and services to a select base of corporate and institutional clients, mainly comprised of multinationals, financial institutions, asset managers and public sector entities investing in, or operating within, Emerging Markets.
Originally founded in Latin America in 1995, the group has continually expanded its global presence as well as strengthened its local market intelligence and execution capabilities in order to better serve its clientele.
We Are Local
We believe the group is better positioned to advise global institutional investors that actively invest in high-beta Emerging Market debt due to our local presence in the region. The group currently services its global clientele thru offices located in London, Miami, Caracas, Bogota and Buenos Aires.
Our forte is a combination of several factors which include: niche focus, local market intelligence, on-site research, execution capabilities, long term relationships with key policy makers, and a deep understanding of local idiosyncrasy & political developments.
The markets we focus on are typically volatile due to political uncertainty, abrupt changes in monetary and fiscal policies, as well as reliance on commodities. They are generally opaque and have limited access to information and data, and are imperfect, leading to mispriced markets, which generate arbitrage opportunities.
Chairman & Chief Executive Officer
Mr. Fuenmayor is the Founder, Chairman & CEO of BancTrust & Co. Holdings. As CEO, Mr. Fuenmayor is in charge of overseeing the firm’s global operations. He is also responsible for the firm’s global growth and is its lead strategist.
Since founding BancTrust & Co., Mr. Fuenmayor has grown the business into a leading Latin American investment banking firm catering to worldwide clientele, with presence in several countries. His roles have included heading the Sales & Trading desk, as well as the Capital Markets efforts. Since inception, the firm has traded LatAm Fixed Income, FX & Derivatives, as well as participated in asset restructurings in excess of $4B.
Mr. Fuenmayor’s experience prior to BancTrust & Co. includes several roles in Private Banking at international firms such as Merrill Lynch and Citi. He initiated his career in Corporate Finance at KPMG.
Mr. Fuenmayor has a BSc in Accounting from Universidad Santa Maria, Venezuela.
Ana Rosa Fernández
Managing Director and Head of Finance
Mrs. Fernandez is the Managing Director and Head of Finance at BancTrust & Co since 2009. She has extensive experience leading the company’s financial system, including analyzing operation results, generating indicators to better evaluate the company’s development, improving financial policies and strategies to ensure the best performance, regulating and controlling cash flow in both local and foreign currencies, and optimizing resources to comply with annual company’s budget. From 2006-2009, Mrs. Fernandez served as BancTrust & Co.’s VP of Finance, and she was responsible for negotiating the organization’s credit and investment policies, supervising the accounting procedures, and coordinating the company’s taxes protocols.
Previously, Mrs. Fernandez was the VP of Finance at Serfincorp, and from 1998 to 2002, she served as Advisor for PDVSA Finance LTD, where she was in charge of ensuring financing performance of the offshore company structure.
She has a Business Bachelors from Universidad Metropolitana, Venezuela.
Managing Director and Head of Capital Markets
Mr. Hernandez is Managing Director and Head of Capital Markets at BancTrust & Co. He is an experienced attorney specialized in Commercial Law, with more than 12 years of experience in Capital & Global Markets, Securities, Compliance Program implementation, Corporate Finance, M&A transactions, Oil & Gas projects, Foreign Investment, Treasury Projects, Intellectual Property, Litigation among others rendering advice in commercial and corporate matters.
He has an LLB from Universidad Católica Andres Bello, Venezuela, postgraduate studies in Commercial Law from Universidad Católica Andres Bello as well and an MBA from IE Business School, Spain.
Maria C. Hernández
Managing Director and Head of Operations
Mrs. Hernandez is Director and Head of Operations at BancTrust & Co since 2010 where she is in charge of leading and optimizing the company’s operations procedures, ensuring compliance and due diligence of all clients and counterparties. Mrs. Hernandez also monitors the company’s securities and cash portfolio positions, to generate timely reports.
Previously, Mrs. Hernandez served as Investment Manager at BancTrust & Co., where she was in charge of private banking and wealth management operations. From 2005 to 2007, she worked at U21 Casa de Bolsa, as Account Strategy coordinator, and at Econoinvest Casa de Bolsa from 2000-2004 as investment representative.
She is a Securities Operator authorized by Superintendencia Nacional de Valores and Business Administration Bachelors candidate from Universidad Metropolitana, Venezuela.
Head of Research & Strategy
Ramiro Blazquez is currently Head of Research & Strategy at BancTrust & Co. He holds an MSc in Financial Engineering from Birkbeck College, The University of London, and an MA in Economics from Universidad Torcuato Di Tella (Argentina).
In addition, he pursued graduate studies in Finance at Universidad de San Andrés, where he also obtained his Economics degree. Prior to joining BancTrust, Ramiro was Head of Research at Mills Capital Markets, an Argentine brokerage house.
In the previous ten years, he worked as Senior Latam Economist for HSBC Global Research, covering the major South American countries.
He was also an economist at the IMF’s Argentina office, Managing Director at Universidad Di Tella’s Center for Financial Research (CIF) and adviser for the Presidential office during Fernando De la Rúa’s term. Ramiro has taught several courses at Universidad Torcuato Di Tella, both at graduate and undergraduate levels.
He is a former Chevening Scholar, a fellowship granted by the United Kingdom’s Foreign Commonwealth Office.
With more than 30 years of experience in the financial sector, Mr. Oswaldo Armitano has held management positions in financial organizations in Venezuela, Aruba, the Dominican Republic, Panama, and the United States.
Over the years, across all these countries, he has developed various entrepreneurship businesses in the areas of Banking, Capital Markets, Insurance, and Real Estate. Mr. Armitano graduated from Management Sciences at Universidad Tecnológica del Centro (UNITEC) in Venezuela.
Dean Tyler was most recently Chief Commercial Officer of EM Fintech start up Tellimer and Global Head of Fixed Income at Exotix Capital, running divisions across the London, New York, Dubai, Singapore, Lagos & Nairobi offices. He has previously held MD roles running International FICC departments at Sberbank CIB, VTB Capital & ING Bank as well as over 10 years of experience at various asset management firms including AIG and F&C as both a Portfolio Manager and Trader.
Dean holds a BSc Econ (Hons) in Banking & Finance, is a qualified Non-Executive Director and certified in Responsible Investment. He has served on numerous Executive Committees and Boards in several countries and has been a Founding Member of the Guild of Investment Managers since its inception in 2015.
© BancTrust & Co.