Capital Group, an investment company with over $2.8 trillion in assets under management, is enhancing its offshore operations in the United States following the opening of its Miami office earlier this year. The firm has now appointed Eric Figueroa as Managing Director for its US Offshore team, according to a company statement.
Based in Capital Group‘s new Miami office, Figueroa will report to Mario González, head of the Iberia and US Offshore Client Groups. In this role, he will work alongside Capital Group’s Miami team, focusing on further developing and strengthening relationships with financial intermediaries across the firm’s US offshore business.
With over 20 years of experience in the industry, Eric Figueroa joins Capital Group from MFS Investment Management, where he served as Senior Regional Consultant for the Southeastern United States, Central America, and the Caribbean. Prior to that, he held leadership roles at Itaú International and HSBC Global Banking and Markets.
“Following the opening of our new Miami office earlier this year, we are delighted to welcome Eric to the team. His extensive experience and strong market connections will be instrumental in expanding Capital Group‘s investment offering in the US offshore market. This appointment underscores our commitment to this strategically important market and our dedication to providing exceptional service, innovative investment opportunities, and tailored solutions aligned with our clients’ long-term goals,” said Mario González, head of the Iberia and US Offshore Client Groups at Capital Group.
For his part, Figueroa stated: “I am excited to join Capital Group, recognized for its robust analytical resources and long-term investment philosophy. I look forward to working with the team to support our US offshore clients in achieving their investment goals.”