MEET OUR TEAM

INVESTMENT TEAM

• ▶Carlos Botelho, Chief Investment Officer

  Carlos has over 20 years of relevant professional experience, most of it spent investing in emerging markets in various asset classes and through multiple investment cycles.

  From 2008 to 2015, Carlos was a founding partner of Cartica Capital, a global emerging markets activist fund, where he was Head of Global Equity Research and Investments.

  From 2006 to 2008, Carlos served as a director and senior investment analyst with Marathon Asset Management, a multi-strategy global hedge fund based in New York.

  Before joining Marathon, Carlos spent almost seven years as an Investment Officer with International Finance Corporation (IFC). Prior to IFC, Carlos worked as a strategic consultant with McKinsey & Company in Europe and Latin America. In 1997, he was part of the team that advised the Brazilian Ministry of Telecommunication in its strategy and the $20 billion privatization of the national Telecom operator, Telebras.

  Carlos earned his bachelor’s in economics with a concentration in finance from Universidade Nova de Lisboa in Portugal, and his MBA, majoring in finance and accounting, from the Kellogg School of Management, Northwestern University. Carlos is fluent in English, Portuguese, and Spanish and is proficient in French.

• ▶Christopher Kim, Managing Director, Equity Research

  Chris has 14 years of investing experience, of which 10 have been strictly in emerging markets. Chris started his emerging markets investing career at Cartica Management, a long only, private equity style investment firm based in Washington DC. He spent 9 years primarily focused on markets across Asia in all industries and market capitalizations. He also spent a significant time engaging with portfolio companies to help unlock value for all shareholders.

  Chris started his career at Bank of America’s TMT Investment Banking Group where he worked on a variety of M&A and capital raising advisory projects. Other experiences include: an Investment Associate at Spectrum Equity Investors, a $5 Billion private equity fund based in Boston focused on the TMT and Business Services sectors, and as an International Investment Analyst at Harris Associates, a $120 Billion long only, value-oriented fund.

  Chris earned his bachelor’s degree from NYU’s Stern School of Business and his MBA from Columbia University.

• ▶Thomas Mobille, Senior Analyst

  Thomas has over 20 years of emerging markets investment experience.

  From 2005 to 2016 he ran a research advisory business providing investment research services with special focus on consumer and retail sector, as well as advice for portfolio construction to leading global emerging markets hedge funds and long only funds. Clients included Artha Capital, Triogem Asset Management and Chesapeake Asset Management. Prior to that, Thomas spent 6 years as a senior equity research analyst for Robert Fleming Inc. based in New York and Sao Paulo, eventually becoming global retail sector coordinator. He spent two years as an equity analyst for Banco Mildesa based in Buenos Aires. Thomas also worked with Credit Agricole in Europe. Thomas is fluent in Spanish and proficient in Portuguese.

• ▶Ravi Vish, Senior Adviser

  Ravi, an Indian native, is an emerging markets expert with over 30 years of diverse experience in a variety of global financial institutions. From 2010 to 2016, Ravi served as the Chief Economist, Director of Economics & Sustainability in the Multilateral Investment Guarantee Agency (MIGA), the political risk & credit enhancement arm of the World Bank Group. Previously, Ravi spent 18 years in the International Finance Corporation, the private sector investment arm of the World Bank Group, where he served in a variety of senior roles including CFO in Global FIG, CIO in Global TMT, CIO in the Asia Group, and in other senior investment roles in the Latin America, Europe and Middle East Groups.

  Ravi’s experiences outside of the World Bank Group include the following: President, CEO & CIO of WestLB Mellon Asset Management (USA) in New York, managing over $1 billion in private equity assets; Senior Portfolio Advisor in DuPont Capital Management in Wilmington; Director and Head of Corporate Finance for NatWest Markets in Indonesia and for ING Barings in India; Senior Systems Engineer at Mellon Bank in Philadelphia; and Senior Projects Officer at the Liberian Bank for Development and Investment in West Africa.

  Ravi holds an MBA (Finance) with Distinction from the Wharton School of Business, an M.S.E. (Computer Science) from the University of Pennsylvania, a Post-Graduate Diploma in Management (Marketing) from the Indian Institute of Management, and a Bachelor of Technology (Mechanical Engineering) from the Indian Institute of Technology.

  Ravi is the lead author of a book entitled "The Political, Economic and Labor Climate in India," published by the University of Pennsylvania.

• ▶Henry Dervishi, Investment Associate

  Henry is an Invesment Associate with two years of professional experience. Prior to joining Limiar, he worked as an analyst at a boutique M&A/advisory firm in the DC area. Henry holds a bachelor’s degree in Finance from the Kelley School of Business at Indiana University. Prior to graduating, Henry worked as a summer analyst at a Fintech-focused investment bank in San Francisco. Henry is fluent in English, Albanian and Spanish.

ADVISORY COUNCIL

• ▶Luis Amaral

  Luis Amaral is based in Warsaw Poland, where he is the CEO and controlling shareholder of Eurocash, the largest wholesaler/distributor in the country listed on the Warsaw stock exchange which he successfully turned around after acquiring it in 2003. In 1995, Luis was invited to start up Jerónimo Martin's (JM)´s retail business in Poland, at a time the country was moving away from communism, and built it into the largest retailer in the country.

• ▶Shiv Dalvie

  Shiv Dalvie is the founder of Cotton Tree Management Limited based in Hong Kong. He was until recently a partner with AEA Investors, a global mid-market private equity firm with $6 billion under management. Shiv joined AEA in New York in 1997 and relocated to Hong Kong in late 2006 to establish and lead the firm’s Asian private equity business across China, India, Korea and Southeast Asia. Prior to AEA, Shiv was in the mergers and acquisitions group of Credit Suisse First Boston where he advised clients in a diverse set of industries including industrials, chemicals and pharmaceuticals. Shiv received a B.S. in computer science and economics with honors from Yale University and an M.B.A. from Stanford University’s Graduate School of Business.