Image of Alberto Luzárraga

Alberto Luzárraga

Partner, New York and São Paulo

“I have 30 years’ experience of advising on major cross-border corporate and finance transactions, with longstanding knowledge of deals throughout Latin America. I take a commercial approach and aim to achieve consensus between all parties to accomplish sustainable business deals.”

Overview

Professional experience

Education and qualifications

Overview

Alberto is the co-head of the firm’s Latin American practice and widely acknowledged for his far-reaching knowledge of both international and domestic markets and business environments. He has extensive experience in advising a global client base of leading corporations and financial institutions on complex, cross-border transactions, including public and private M&A transactions and international joint ventures, privatizations and financing transactions, as well as advising on U.S. domestic transactions.

Alberto was co-head of the firm’s São Paulo office for four years until 2016. He is a member of the firm’s Partnership Board, the governance body for the firm responsible for strategic and other major decisions.

Work highlights

Alberto has led on many market-leading deals in the U.S. and Latin America. Recent transactions of significance where substantial involvement can be disclosed include advising:

  • Pampa Energía S.A. in the acquisition from Petróleo Brasileiro-Petrobras for its controlling stake in Petrobras Argentina S.A. for US$892m - as well as the Pérez Companc family in the sale of the same asset to Petrobras 15 years earlier 
  • DONG Energy Wind Power U.S. Inc. on its entry into a 50/50 joint venture with Eversource Energy to develop, construct and operate a utility-scale wind project off the coast of Massachusetts with the potential to generate over 2,000 megawatts of electricity
  • HSBC Latin America Holdings (UK) on the sale of its entire business in Brazil to Banco Bradesco
  • China Construction Bank on the R$1.62bn (US$716m) acquisition of a 72% stake in Brazilian bank, Banco Industrial e Comercial
  • Celfin Capital, the leading Chilean investment bank, and Bolsa y Renta, a Colombian broker-dealer asset and investment manager in their respective mergers into BTG Pactual
  • Amil Participações and its controlling shareholders on the US$4.9bn sale of a majority stake in the largest Brazilian healthcare provider to UnitedHealthcare Group
  • a consortium of investors, including Government of Singapore Investment Corporation (now GIC), China Investment Corporation, Ontario Teachers’ Pension Plan Board, Abu Dhabi Investment Council, J.C. Flowers & Co., RIT Capital Partners and Lord Rothschild’s family interests, the Santo Domingo Group, EXOR and Inversiones Bahia, on their US$1.8bn investment in Banco BTG Pactual, a leading investment bank in Brazil
  • Citibank and its affiliates on the R$2.767bn (US$1.38bn) sale of Banco Citicard and Citifinancial Promotora de Negócios e Cobrança to Itaú Unibanco Holding
  • Citibank in its prior restructuring of the joint venture in Credicard (the largest credit card company in Brazil), acquisition of Grupo Financiero Uno, and purchase of Intra S.A. Corretora de Câmbio e Valores (a Brazilian broker and trading platform)
  • SF on its US$5.6bn hostile acquisition of Engelhard

Professional experience

Alberto assisted, on a pro bono basis, in the creation of a not-for-profit entity that enabled the Franciscan Friars of the Renewal to acquire a monastery in Newark, New Jersey, and continues to be a member of the board of the trust. 

Among his publications, Alberto co-wrote “Brazil deal activity to peak this year”, International Financial Law Review, March 2013.

Education and qualifications

Alberto studied Economics and Spanish Literature at Williams College, and holds a Juris Doctor from Harvard Law School.

He speaks English, Portuguese and Spanish.