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Southern Cross Group
Southern Cross Group is a private equity based in Santiago, founded 1998; the Altss profile covers its classification, headquarters, registration, AUM band,...
Southern Cross Group
Southern Cross Group is an SEC-registered investment adviser based in Santiago, Chile, established in 2023.
General information
Firm type
Private Equity
Year founded
1998
AUM
Undisclosed
Location
Region
Latin America
Country
Chile
City
Santiago
Corporate office
Santiago, Chile
Additional offices
Buenos Aires, Argentina · Rio de Janeiro, Brazil · Bogotá, Colombia · Mexico City, Mexico
Principals
Norberto Morita
Founding Partner, IC Member, EC Member
Ricardo Rodriguez
Founding Partner, IC Member, EC Member
Raul Sotomayor
Partner, IC Member, EC Member
Sebastian Villa
Partner, IC Member, EC Member
Diego Acevedo
Partner, IC Member, EC Member
Gonzalo Alende Serra
Partner & Chief Administrative Officer
Marcos Mulcahy
Partner
Jaime Besa
Partner
Agustín Sanchez Alcázar
Partner
Sector focus
Frequently asked questions
Who runs investment decisions at Southern Cross Group?
All investment decisions flow through the firm’s Investment Committee and Executive Committee, both composed entirely of the senior partners. Founding partners Norberto Morita and Ricardo Rodriguez sit on both committees, alongside partners Raul Sotomayor, Sebastian Villa, and Diego Acevedo. The overlapping committee membership ensures that underwriting, portfolio management, and regional allocation decisions reflect collective partner judgment rather than a single-decider model.
How does Southern Cross Group source proprietary deal flow?
Southern Cross sources opportunities through the regional networks of its local partners, who operate from offices in Buenos Aires, Rio de Janeiro, Santiago, Bogotá, and Mexico City. The firm deliberately avoided opening a New York or London fundraising office, which concentrates its relationship capital in the same markets where it transacts. This on-the-ground model generates deal flow from family-held businesses, corporate divestitures, and distressed situations that rarely appear in broad auction processes.
Does Southern Cross participate in fund commitments or only direct deals?
Southern Cross invests directly into operating companies and does not market itself as a fund-of-funds or LP capital allocator. The firm's strategy centers on acquiring control or significant minority positions in companies where it can install operational improvements. It has not disclosed making commitments to external private equity funds.
What investment stages does Southern Cross typically target?
The firm targets mature businesses requiring operational transformation, spanning buyouts, corporate carve-outs, restructurings, and growth-equity platforms. Southern Cross does not invest in early-stage startups. Its deal profile favors companies with existing revenue streams and market positions where management changes, cost restructuring, or strategic repositioning can materially improve performance.
Does Southern Cross Group maintain a philanthropic foundation, and how is it separated from the investment activities?
Southern Cross has not disclosed any philanthropic foundation or structured charitable vehicle. The firm's public presence focuses entirely on its private equity investment activities.
What is Southern Cross Group's known posture on co-investments alongside external GPs?
The firm has not publicly articulated a co-investment program for external limited partners. Its partnership structure and operating-intensive approach suggest that Southern Cross prefers full deal control where it can directly implement its operational playbook, rather than participating as a passive minority co-investor alongside other general partners.
Why does Southern Cross operate offices only in Latin America?
Southern Cross was founded on the conviction that successful Latin American private equity requires hands-on operating and strategic management, not remote oversight. By keeping all partner-level resources in the five cities where it sources and manages deals, the firm aims to shorten decision cycles and deepen local operating relationships — a structural contrast to peers who run regional investments from Miami or New York.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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