Key Takeaways
- • David López, a 10+ year financial industry veteran, assumes role as Head of LatAm for Thoma Bravo, one of the world's largest software-focused investment firms with $181 billion in assets under management.
- • López departed BlackRock after five years, most recently serving as Co-Head of Alternatives for Latin America and US Offshore markets, to lead capital formation and investor coverage across Latin America for Thoma Bravo.
- • The appointment underscores Thoma Bravo's strategic expansion into Latin American markets; the firm has deployed across 555 technology companies globally with both private equity and credit strategies.
- • López's background spans major Latin American financial hubs including Bogotá, Miami, Mexico City, and positions at SURA Asset Management, BTG Pactual, and BlackRock's alternatives division, positioning him to navigate regional investor relationships and deal sourcing.
Summary
López brings substantial institutional experience to the role. He spent five years at BlackRock, departing this month from his position as Co-Head of Alternatives for Latin America and the US Offshore market. During his tenure at BlackRock, he also served as Vice President of Alternatives covering Colombia, Peru, Chile, and Central America, managing relationships across multiple jurisdictions while relocating between Bogotá and Miami. His career spans more than ten years in financial markets and private capital.
Prior to BlackRock, López held roles at SURA Asset Management and SURA México as Alternatives Senior Manager and Alternative Investment Manager, and served as a fund analyst at BTG Pactual's Colombian branch. This background positions him to operate effectively across Latin American financial capitals and navigate private market deal structures, investor preferences, and regulatory environments across the region.
Thoma Bravo's recruitment of López reflects the firm's emphasis on scaling its presence in Latin America, a region where institutional capital allocation to alternative assets continues to accelerate. The firm has established a track record of identifying software-centric investment opportunities, having invested in approximately 555 technology companies globally across private equity and credit strategies. López's mandate will focus on expanding fundraising capacity and deepening institutional investor relationships throughout the Latin American market.
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