Dresdner Moves LatAm M&A to São Paulo

Dresdner Kleinwort is moving its LatAm M&A team to São Paulo, from London. The bank recently hired Gabriel Nores to head the bank’s regional M&A effort, which has particular strengths in utilities and natural resources. Nores, a former employee of Dresdner, was previously working on private equity and M&A in Argentina. He will be joined in São Paulo by Eduardo Bertão, a utilities investment banker based in London. Bertão recently advised Ontario Teachers Pension Fund in its purchase of a 49% stake in Chile’s Esval for $365m. In the São Paulo office, Dresdner’s origination and DCM effort is run by Glenn Peebles, and is largely focused on Brazil. Peebles’ group is also in the process of adding a VP-level executive to assist with coverage.