Picton

Picton

Picton was established in 2012 by four partners who had built careers at Celfin Capital, Larraín Vial and Consorcio Nacional de Seguros. Their capital originated from the Celfin brokerage exit and prior wealth-management mandates. The firm serves over thirty entrepreneurial families across Latin America with multi-asset portfolios. Allocation spans private equity, private credit, real estate, infrastructure and natural resources. Picton structures commitments through fund-of-funds vehicles, direct co-investments and SPVs. Confirmed positions include feeder funds for KKR, EQT, Apollo, TPG, Ares and Hamilton Lane. Geographic reach covers South America as the core market plus confirmed exposure in North America, Europe and Asia. The firm also acts as placement agent for multiple ESG and impact funds. Assets under management stand at $2.33 billion. The Santiago headquarters is supported by newer offices opened in Mexico and Brazil in 2025. Picton maintains membership in ACAFI and USEC. It sponsors the annual Latam Summit and runs a philanthropic vehicle, Fundación Banco de Ropa, chaired by partner Augusto Undurraga. August 2025: opened offices in Mexico led by David López and in Brazil led by Marcos Yokota. Picton’s structure combines multi-family office mandates with an active placement-agent and feeder-fund platform. This hybrid allows it to source proprietary access to global managers while deploying capital directly into Chilean companies and Latin American credit. The model separates client advisory from the firm’s own co-investment activity through dedicated fund vehicles.