Jorge ‘Jordie’ Olivella, BlackRock’s Miami-based head of US offshore distribution has quit the company to join private equity firm KKR as head of Latin America wealth, according to a report by Citywire.
Olivella ended his six-year stay at the US asset manager last month, having most recently headed its offshore fund distribution efforts and helped develop BlackRock’s commercial offshore strategy.
At KKR, Olivella will have respsonibility for building and managing relationships with US financial advisors and RIAs that serve Latin American clients, as well as wealth platforms in the region.
He reports to Dan Parant, co-head of KKR’s private wealth business, and Monica Mandelli, head of its Latin America client and partner group.
