Riverstone Holdings LLC, an asset management firm that invests in the private markets, primarily within energy, power, decarbonization and infrastructure, has appointed Francisco Salas to managing director.

Salas has over 25 years of experience in the financial industry and was a part of corporate and investment banking firms in New York and Latin America. He will focus on managing existing investments and identifying opportunities within decarbonization and other core sectors, as well as capital raising throughout Latin America. During the last several years he served as partner, portfolio manager and head of business development for Altum Capital in Mexico. Salas will be based in Mexico City and looks to drive Riverstone’s presence in the region.

“Riverstone understands that unprecedented disruption is expected in Latin America on account of sociopolitical factors, along with the desire for rapid adoption of clean energy sources,” states Salas. “I look forward to bringing my experience to Riverstone as the Firm continues to expand its presence in the region and play a key role in innovating and establishing industry-leading, purpose-driven, scaled companies.”