Deltec Asset Management

Jean Chalopin serves as Chairman of Deltec International Group, providing strategic oversight. CEO Hugo Cancio manages day-to-day operations, though specific CIO or investment committee names are not publicly disclosed (per public record).

Deltec operates as an asset manager within a privately held banking group, not as a single family office. It manages third-party capital alongside proprietary investments, giving it a hybrid structure akin to a private bank with an internal asset management division (per public filings).

The firm runs multi-strategy allocations including private credit, real estate, infrastructure, and hedge funds. It has a known emphasis on distressed debt and special situations in Latin America, as well as real estate development in the Bahamas and Florida (per public filings, 2023).

Deltec engages in both direct principal investments and third-party fund allocations. Its banking arm allows it to structure custom credit facilities and co-invest alongside clients in real estate and infrastructure projects (per public record).

Deltec focuses on Latin America, the Caribbean, and the United States. Its base in the Bahamas gives it a natural orientation toward offshore and emerging market opportunities, particularly in distressed credit and energy infrastructure (per public filings).

In 2023, Deltec was fined by the Central Bank of the Bahamas for anti-money laundering compliance shortcomings. The firm subsequently overhauled its compliance function and implemented enhanced due diligence procedures (per Reuters, 2023).