Alcalá Inversiones

Alcalá Inversiones

Alcalá Inversiones launched in 2007, founded by Juan Rius, who remains President. In 2019, LarraínVial — the brokerage and asset management group established in 1934 by brothers Fernando and Leonidas Larraín Vial — acquired 100% of Alcalá. The acquisition gave Alcalá's multi-family office clients a direct line into one of Chile's oldest financial institutions, while LarraínVial gained a dedicated wealth-advisory front end for Chilean families and entrepreneurs. Alcalá constructs portfolios across private equity, private credit, real estate, secondaries & special situations, and alternative venture models. The firm makes both direct investments and fund-of-funds commitments, targeting growth-stage opportunities in FinTech and EdTech principally across South America, North America, and Europe. Real estate exposure runs through Spanish holding entities — Nueva Alcalá Inversiones SL in Seville and Alcalá Inversiones Europeas SL in Madrid — that buy, sell, and develop property. Parent company LarraínVial operates regulated broker-dealers and asset managers in Chile, Peru, Colombia, and the United States, giving Alcalá's clients execution and custody infrastructure alongside deal flow. Gonzalo Silva was appointed CEO in June 2024, stepping up from a director role he had held since the 2019 acquisition. Silva spent more than two decades inside the LarraínVial group before the promotion. In April 2025, José Miguel Alcalde joined as Gerente de Multi Family Office from BICE Inversiones. The team operates from Santiago, with Spanish real-estate activities serviced through the Seville and Madrid offices. LarraínVial's wealth unit, including Alcalá, won “Best Chilean high net worth advisory firm” in 2024 across the Global Finance, PWM/The Banker, Euromoney, and Citywire private banking awards. The architecture matters. Alcalá is not an independent partnership — it is the multi-family office layer of a publicly visible financial group with regulated entities across four countries. Clients get a dedicated family-office relationship team and investment-committee discipline without bearing the cost or complexity of a standalone SFO. Succession risk is mitigated by the group's institutional permanence; investment implementation runs through LarraínVial's broker-dealer and asset management regulated subsidiaries rather than a separate set of books.