Adam Capital Founding Partner Salgado Leaves Firm After 10 Years

André Salgado, a founding partner at Brazilian hedge fund Adam Capital, has left the firm after 10 years, according to a statement to clients.

Salgado, who helped found the Rio de Janeiro-based firm in 2016 alongside Márcio Appel, is leaving the firm to pursue other professional endeavors, Adam said in the statement. The change comes after a “planned transition period,” with Sabrina Bueno taking over the commercial area.