Daemon, a USD4 billion alternative investment management firm founded in Brazil, has expanded its US alternative investments arm.

The expansion of the business will enable the firm to further build upon its decades-long track record of investing across export finance, quantitative and ESG strategies globally. In conjunction with the US expansion, Daemon has bolstered its leadership team with the addition of two managing partners: Paul J Huchro, an experienced credit trader and former Partner and Head of Credit Flow Trading at Goldman Sachs, and Erik Buischi, formerly Head of Volatility at Stone Ridge Asset Management. 
 
Based in Miami, Huchro and Buischi will work closely alongside Daemon Chief Operating Officer and Goldman Sachs alumnus, Gabriel Motta, to drive the Firm’s US business, including strategic capital formation initiatives, investment solutions, portfolio management, risk management and recruitment. The US team will leverage Daemon’s existing investment research, marketing, back-office infrastructure, sales capabilities and systematic/quantitative investment philosophy, as it scales its product platform, institutional network, and team of professionals.  Daemon has been successfully managing a suite of alternative products since 2009.
 
The addition of Messrs. Huchro and Buischi follow Daemon’s growth across personnel and products. In 2019, former Barclays Director Paulo Hermanny joined Daemon to lead the Firm’s Global Quantitative Research Platform, helping the Firm broaden its suite of process-driven, systematic investment vehicles.