RIA Scala Capital seeks to advise and educate its clients so they understand and are encouraged to invest in private credit, thus providing the peace of mind of achieving good returns, said the firm’s founding partner, Alberto Siblesz, to Funds Society.
“Although our portfolios can include fixed income, equities, ETFs, mutual funds, among others, we are strong believers in private credit. I feel more secure with private credit,” responded the executive who resides in Miami.
Siblesz also explained the “arduous” work done at Scala Capital to include alternative products in their portfolios. They conduct studies of private fund management firms in sectors such as real estate, private credit, private equity, and venture capital.
The firm emphasizes that there is a significant opportunity to invest in alternatives, but they also argue that financial education for clients is necessary due to the nature of these investments and the limited liquidity of the underlying assets in which these funds invest.
The RIA has a diverse client base, with 35% domestic market, 30% Venezuelans, 15% Peruvians, 10% Colombians, and 10% from other Central and South American countries.
“Latin Americans want more liquidity and less correlation with the markets,” and this way they can increase their exposure to alternatives, he assured.
Scala has $270 million under management, according to information provided to Funds Society at the end of April, and is looking to expand in South Florida.
A few months ago, they hired Estefanía Gorman and Nicolas Martinez.
“The firm seeks to continue growing with advisors who want to be independent and need some industry support,” concluded Siblesz.
