Mr. Almeida is Managing Partner of Portland Private Equity (PPE), a successful and respected institutional private equity fund manager that is focused on investments in the Caribbean, Central America and Andes regions and an investor in Clarien Group Limited.
As Senior Vice President and Portfolio Manager with Portland Investment Counsel, Mr. Almeida has been a co-manager with PPE Chairman Michael Lee-Chin on the AIC and now Portland Advantage Fund. In the 1990s as Vice President Development & Re-engineering at Loblaw Companies, he led a strategic transformation process that saw profits triple. He went on to lead the startup of President’s Choice Financial and served as its first President.
He joined the Portland Group in 2002 and was part of the team that turned around National Commercial Bank of Jamaica, Jamaica’s largest bank, and co-founded Columbus International Inc., a leading telecommunications provider in Latin America and the Caribbean.
Along with Mr. Lee-Chin, Mr. Almeida was a founding partner of Portland Private Equity, which has become the leading private equity manager in the Caribbean.