Ribeiro, who held the same position at ADIA, will be based in the Brazilian city of São Paolo, reporting to Andreas Römer, the head of emerging markets at DWS.
Ribeiro began his financial career in 1988, and joined ABN Amro in 1994 as an equity analyst, before becoming a portfolio manager for Latin American equities.
He moved to IFC-World Bank in 2003, and joined HSBC in 2005, where he ran an offshore Brazilian equity fund and other Latin America-focused portfolios. He joined ADIA in 2009.
Ribeiro is the second sovereign fund manager to join in recent months, DWS said, following its recruitment of Hian-Boon Tay from Government of Singapore Investment Corporation.
DWS Investments, the mutual fund arm of Deutsche Asset Management, claims to be the largest fund manager in Germany, and among the ten largest retail mutual fund companies globally.
