Fondo Alerce Venture Capital

Pablo Fernández Gumucio serves as General Partner and Manager, making him the primary investment decision-maker. He is supported by General Partners Cristián Hernández and Pablo Valenzuela, per public record. The team operates as part of Endurance Investments, a multi-family office structure.

The fund is managed by Endurance Investments, a multi-family office vehicle. This structure pools capital from multiple families rather than a single source. The fund also has strategic partnerships with Pontificia Universidad Católica de Chile and the Chilean economic development agency CORFO.

The fund focuses on early-stage and seed-stage investments, according to its public filings. It backs startups in their initial rounds, often with ties to the university ecosystem of Pontificia Universidad Católica de Chile.

Fondo Alerce is physically located at the university's Centro de Innovación UC and counts the university as a strategic partner providing technological expertise and network access. The deal flow likely includes startups founded by students, alumni, or researchers from the university.

The fund's partnership with CORFO, a government development agency, suggests it operates with co-financing or matching-fund structures. Early-stage venture funds in Chile often use CORFO's co-investment programs to leverage private capital with public support.