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MORENO CAPITAL
Moreno Capital was established following the 2019 sale of the Moreno family's stake in Grupo Supervielle, the holding company that controlled Banco...
MORENO CAPITAL
Moreno Capital was established following the 2019 sale of the Moreno family's stake in Grupo Supervielle, the holding company that controlled Banco Supervielle, to Banco Patagonia (per La Nación, 2019). The transaction marked the exit of the founding family from a banking franchise built over decades in Argentina. Eduardo Moreno, the principal, reconstituted the proceeds into a single-family office vehicle that invests privately across asset classes, with a geographic concentration in Argentina and Uruguay. The firm deploys capital across direct real estate acquisitions and early-stage venture investments, particularly in agriculture technology and financial infrastructure. Moreno Capital has participated in seed rounds for regional fintech platforms and holds a portfolio of commercial real estate assets in Buenos Aires and Montevideo. The firm does not raise external capital and does not operate as a fund manager. Its investment approach combines direct balance-sheet commitments with occasional co-investments alongside established Argentine family groups. The office operates from Buenos Aires with a lean team structure typical of post-liquidity family offices in Latin America. Since formation, Moreno Capital has focused on capital preservation and opportunistic deployment rather than building a broad institutional platform. Adjacent family interests include agricultural landholdings in central Argentina, managed separately from the investment entity. Moreno Capital's structure as a post-exit liquidity vehicle separates it from multi-generational holding companies that remain common in Argentine family investing. Rather than managing an operating business, the office was purpose-built to redeploy proceeds from a single liquidity event — a configuration that favors concentrated, thesis-driven bets over diversified fund-of-funds allocation.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Latin America
Country
Argentina
City
—
Corporate office
—
Principals
Eduardo Moreno
Founder & Principal
Sector focus
Frequently asked questions
How did Moreno Capital originate?
Moreno Capital was formed after Eduardo Moreno sold the family's majority interest in Grupo Supervielle to Banco Patagonia in 2019 (per La Nación, 2019). The transaction provided liquidity that was redirected into a dedicated family office structure, moving the family from operating a regulated financial institution to managing a private investment portfolio.
Does Moreno Capital invest exclusively in Argentina?
The firm concentrates its investments in Argentina and Uruguay, reflecting both the family's operational familiarity with the Southern Cone and the regional nature of its historical banking activities. The office has not publicly disclosed commitments outside these two markets.
Is Moreno Capital a multi-family office or does it accept outside capital?
Moreno Capital operates as a single-family office and does not accept third-party capital. It was established exclusively to manage the proceeds from the Moreno family's exit from Banco Supervielle, and there is no public indication that it has opened its platform to other families.
Does the office maintain any connection to the Supervielle banking group?
Following the 2019 sale of the family's controlling stake to Banco Patagonia, the Moreno family no longer holds a governance role in Grupo Supervielle or Banco Supervielle. The family office operates independently of the banking group.
How does Moreno Capital approach venture investments?
The office participates in early-stage venture rounds, primarily in sectors that align with its regional expertise, including agriculture technology and financial infrastructure. Its venture activity is concentrated in Argentina and Uruguay and is executed through direct investments rather than through a dedicated venture fund structure.
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