The rest of the 100 (in alphabetical order): Daniel Malandrin, vice-president of Bradesco Private Equity and head of Bradesco InovaBra Ventures
It can seem an abrupt shifting of gears to go from working on more than $7bn of mergers and acquisitions and capital markets deals as an investment banker to deciding on which startups will receive $300,000 to $1.5m in return for a minority equity stake in their seed or series A rounds.
But it is one Daniel Malandrin, vice-president of Bradesco Private Equity and head of the R100m ($30m) Bradesco InovaBra Ventures, has carried out with aplomb managing all aspects related to funds of proprietary committed capital, including decisions related to some of the invested companies
Malandrin, who received his MBA from University of California Berkeley after a degree in business administration from Universidade de Sao Paulo, said: “Prior to my current position, I was a vice-president at the investment banking arm of Bradesco, Bradesco BBI, where I originated and executed transactions totaling $7bn-plus both in capital markets and M&A.
“Two years ago, Bradesco Innovation Team invited me to participate in the InovaBra Program. This ultimately led to my participation in the development of InovaBra Ventures, our CVC initiative. I highly value the opportunity to work with the innovation team in such an exciting project.
“Financial institutions are facing more challenges nowadays, with the increasing number of financial technology startups launching competitive products and services for the local and global markets. Therefore, it is a great time to work in CVC, particularly in fintech.
“I also highly value the opportunity to meet and work with bright entrepreneurs and to assess disruptive and new technologies and business models that will potentially generate great returns on the investments and provide strategic benefits to Bradesco.
“I believe that my background in technology and consulting, my experience living and working in San Francisco Bay Area, along with my 10 years working in investment banking and private equity at Bradesco, including at internal projects, will contribute to the success of the project. Moreover, I am happy to be part of and contribute to the evolution of the CVC and VC industry in Brazil.”
Previously, Malandrin worked in management consulting and technology at EY and Multirede.