
HD Legal, known as Honorato | Delaveau until its 2023 rebrand, fields a six-member capital markets team that advises on a broad range of transactions. The group’s expertise covers corporate bonds, commercial papers, fund units, securitised bonds and securities. The firm is also home to investment, real estate and fintech sector specialists. Recent highlights include advising Ameris Administradora General de Fondos on its private debt funds’ investments. The team is led by managing partner and founder Sebastián Delpiano, who acts for companies, fintechs and venture capital entities on large transactions. Delpiano’s expertise encompasses financial products, derivatives, IPOs, securities brokerage issues, and debt and equity issuances. The practice also showcases securities law director Carlos Frias, an expert in banking, financial and securities market law, who assists with public and private offerings of securities. Frias’ career further includes working as in-house counsel at banking and multilateral financial institutions in Chile and the US. Highlighted from the firm’s associate team: senior Nicolás Garcia advises stockbrokers and securities agents on their daily operations, while Ignacio Ruiz-Tagle specialises in corporate and securities market-related work. At the more junior end, Gabriela Rojas rounds out the firm’s capital markets offering. Former senior associate Andrea Alarcón departed the firm in October 2023.
Legal 500 redaktioneller Kommentar
- Profil
Referenzen
Unabhängig vom Legal 500-Forschungsteam zusammengestellt.
- 'Knowledge of the subject, not only legal but also business and political situation.'
- 'Technical knowledge of the financial market, proximity and direct dealings with partners.'
- 'Sebastián Delpiano stands out for his technical knowledge, closeness and availability.'
Kernmandanten
- Ameris Capital
- Banchile Inversiones
- BancoEstado AGF
- Blackstone
- BNP Paribas
- Candriam
- Capital Advisors
- Chilena Consolidada
- Columbia Threadneedle Investment
- Credicorp
Highlight-Mandate
- Assisting Altis with the drafting and negotiation of an agreement to distribute the quotas of funds managed by managers in Chile, Colombia, Peru and Mexico to pension funds and other institutional and high-net-worth investors.
- Assisting Fynsa with the structuring and incorporation of several investment funds.
- Assisting Xcala with the incorporation of a Chilean subsidiary, which will act as a registered asset manager.
Anwält*innen
Führende Partner*innen
Die stärksten Partner*innen ihres Praxisbereichs, die eine führende Rolle in signifikanten Mandaten einnehmen und weitreichende Anerkennung unter Wettbewerbern und Mandanten genießen.

Führende Associates
Führende Associates sind regelmäßig an zentralen Mandaten des Teams beteiligt und erhalten positives Feedback von Wettbewerbern oder Mandanten.
Praxisleitung
Sebastián Delpiano