BBVA CIB expands hedge fund business with key hire in New York

BBVA Corporate & Investment Banking (CIB) continues its strategic expansion in the U.S. with the appointment of Vaughn Campos as Managing Director, based in New York, to lead Hedge Fund coverage in the U.S. within the Wealth & Asset Managers team.

This appointment further strengthens BBVA’s presence in Alternative Investments and complements the hiring of Svetlana Nagirner in 2024 as Managing Director, responsible for Structured Solutions Sales US. Together, these additions reflect BBVA’s commitment to building specialized teams in New York that deliver highly customized solutions to institutional investors.

The move comes as the U.S. hedge fund market, with assets under management estimated at over USD 2.7 trillion in 2024 and projected annual growth of 4 to 6% annually in the coming years, continues to be a strategic segment for global banks seeking to provide sophisticated financing and investment tools to institutional clients.

With nearly 20 years of experience in the hedge fund industry, most recently at HSBC as Director of Hedge Fund Coverage, Vaughn will help drive BBVA’s ambition to expand its business with hedge funds in the U.S., one of the largest and most dynamic markets for alternative investments worldwide.

“We are thrilled to have Vaughn on board as we expand our product offering and client base in the U.S.,” said Regina Gil Hernández, Head of BBVA CIB USA. “His extensive experience in hedge funds will be crucial as we continue to enhance our dialogue with institutional investors, offering them more tools for balance sheet optimization, risk management and portfolio management. This appointment, alongside the creation of our specialized team for Structured Solutions, our U.S. Repo team and others, reflects BBVA’s commitment to anticipating client needs and deepening relationships.”

Luis Enrique Rodriguez, Global Sector Head of Wealth & Asset Managers within BBVA CIB’s Global Institutional Business, added: “By building a specialized team in New York, we are reinforcing our ability to understand and anticipate the evolving needs of hedge funds, with the aim of implementing a truly Radical Client Perspective. Vaughn’s leadership and deep knowledge of the U.S. market will be instrumental in strengthening our coverage model and delivering sophisticated and highly customized solutions to an increasingly important client segment in today’s investment landscape.”

This hiring reflects BBVA CIB’s broader ambition of becoming a trusted reference for institutional clients by expanding both its client base and product offering. In the U.S., the bank has recently reinforced its securitization and warehouse lending hub and strengthened its offering in structured credit, securitized products, securities finance and balance sheet solutions, with New York emerging as a hub of specialized expertise dedicated to serving institutional investors across a range of alternative and credit strategies.