ORIX USA Corporation announced today the appointment of Jorge Jaramillo as Director, Corporate and Strategic Development/Latin America to assist ORIX Deputy President Hideto Nishitani in expanding ORIX’s presence into Latin America. Jaramillo joined ORIX in 2004 and was most recently a Director in ORIX Corporate Capital’s Leveraged Finance Group. Jaramillo will lead ORIX’s entry into the Latin American market, initially targeting Brazil with a focus on strategic investments in well-run companies – primarily in investment banking, asset management, private equity and other related businesses in the financial services segment.
The ORIX business model internationally includes both minority and control investments in successful companies, as well as joint ventures with established local business partners to build a local presence for an ORIX business.
“ORIX has expanded the scope of its business in the US through a combination of acquisitions and local joint ventures. This is the model we will pursue in Brazil and throughout Latin America,” said Hideto Nishitani, Deputy President of ORIX USA Corporation. “Jorge’s background and relationships in the Latin American business community, coupled with his experience in ORIX USA’s domestic investment business will translate into an effective foundation for ORIX as we enter Latin America.”
(Jaramillo photo available)About ORIX USA ORIX USA is a Dallas, Texas-based financial services and investment firm with more than 1,400 employees and primary offices in Dallas, New York, Los Angeles, Columbus and Minneapolis. ORIX holds approximately $5.8 billion of assets and manages through various subsidiaries an additional $23 billion. ORIX USA Corporation ( www.orix.com) is a wholly owned subsidiary of ORIX Corporation, a Tokyo-based, publicly owned international financial services company with operations in 27 countries worldwide. ORIX Corporation is listed on the Tokyo (8591) and New York (IX) Stock Exchanges.
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