Darby Overseas Investments Announces New Hire

Darby Overseas Investments, the private equity division of Franklin Templeton Investments, said Monday that it has named Roberto Velarde as managing director of Latin America private equity. Velarde, who will be based in the company's Washington, D.C. office, will report to Darby President and CEO Richard H. Frank. Prior to joining Darby, Velarde was managing director and chief investment officer at Grupo Inder.

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