UK liquid alternatives manager Carlton James Group has appointed a Latin America sales head to lead the firm’s first foray into the region, where it plans to raise at least $50 million in 2018.

James Maxwell joined the group in mid-March to cover brokers, family offices, private banks and institutional investors in Latin America.

He will focus on distributing the Carlton James Diversified Alpha Fund (DAF), a liquid alternatives portfolio that seeks capital preservation while pursuing higher than usual returns, Maxwell told Citywire Americas.

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