Latin America - Latin America: International firms

PAG Law

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PAG Law has 13 partners, most of whom are based in Miami and are bilingual (English and either Spanish or Portuguese). The firm has a primary focus on venture capital, start-ups and emerging companies in Latin America; it has a particular history in representing start-up company founders, although it continues to build its investor relationships. The venture-backed community suffered a drop in valuations during 2022, but the firm remained active in early-stage company investments and M&A transactions. It has a fine recent record in fintech and AI-related businesses, particularly in Brazil and Mexico. Colombia, Chile and Argentina are also key markets for the team, which includes a number of dual-licensed practitioners – such as Ricardo Beller (Argentina/New York), Esteban J Elias (Chile/New York/DC/ California/Florida) and Bernardo Tamez (Mexico/California). The Miami office further built-out its digital assets and crypto expertise in 2022 with the hire of Kendrick Nguyen as a special adviser; he is the co-founder and chief executive of equity crowdfunding platform, Republic. Juan Pablo Cappello is a hugely experienced venture capital and emerging company specialist with an extensive record in Latin America. Lizbeth Flores is another outstanding Latin America corporate and venture capital lawyer. Since publication the team has been further strengthened with the hire of experienced PE and VC practitioner Alejandro Fiuza, formerly of Brown Rudnick LLP, in November 2023.

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