Single Family Office

Updated:

Bustamante Capital

Bustamante Capital, the San Juan-based single-family office led by Tony Bustamante, invests across private equity, venture capital, and real estate.

Bustamante Capital

Bustamante Capital L.L.C. operates as the single-family office of the Bustamante family, based in San Juan, Puerto Rico. The firm's structure and investment approach are private, with limited public disclosure typical of many family offices. Tony Bustamante serves as Managing Member, directing the office's activities. The office deploys capital across private equity, venture capital, and real estate, with a geographic emphasis on opportunities accessible from its Puerto Rico base. The firm's precise portfolio composition is not publicly disclosed. The multi-asset strategy suggests a focus on long-term capital appreciation and wealth preservation outside of public market volatility. Team size and total assets under management are not publicly known. The office likely operates with a lean internal team, leveraging external manager relationships and direct co-investment structures where appropriate. No adjacent philanthropic vehicles or operating businesses are publicly documented. Bustamante Capital's structural differentiator is its location. Operating from Puerto Rico under Act 60 (formerly Acts 20/22) provides a specific tax advantage for capital gains and passive income, a structure that has attracted numerous family offices and asset managers seeking a favorable US-jurisdiction domicile.

General information

Firm type

Single Family Office

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Juan

Corporate office

San Juan, Puerto Rico, United States

Principals

Tony Bustamante

Managing Member

Sector focus

Real EstatePrivate EquityVenture Capital

Frequently asked questions

Who runs investment decisions at Bustamante Capital?

Tony Bustamante, listed as Managing Member, directs the firm's investment strategy and decision-making. The office operates with typical single-family office governance, where the principal or a tight-knit advisory group retains final authority over allocations.

How does Bustamante Capital source its deals?

Sourcing likely relies on the Bustamante network and relationships within the Puerto Rico business community. As with many family offices, deal flow is relationship-driven rather than through broad auction processes.

Does Bustamante Capital take outside capital?

No, Bustamante Capital is structured as a single-family office, meaning it manages the proprietary capital of the Bustamante family exclusively and does not solicit or manage third-party funds.

What investment stages does Bustamante Capital target?

The office's venture capital allocation suggests it may participate in early- to growth-stage rounds, while private equity involvement indicates an appetite for later-stage buyouts or recapitalizations alongside direct real estate holdings.

What is the significance of Bustamante Capital being based in Puerto Rico?

Puerto Rico's Act 60 provides significant tax incentives for high-net-worth individuals and their investment entities, including 100% exemption from Puerto Rico income taxes on interest, dividends, and certain capital gains. This makes it a strategic jurisdiction for family offices focused on after-tax return maximization.

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