"A very impressive attorney. He is a trusted adviser of several important clients, and his client service is excellent."
Chambers Latin America 2025
"A great leader with insight and strategy. He understands the needs of the client and is able to turn around difficult situations."
Chambers Latin America 2025
"An extraordinary partner, who transmits calm, is very rational and focused on results, and a great negotiator. He knows what the points to deliver are, and which issues are critical."
The Legal 500 Latin America 2024
Private Practice Powerlist: Latin America M&A
The Legal 500 2024
"Great skill and astuteness as a negotiator, avoiding unnecessary clashes and tailoring the direction of the negotiation to meet the client’s interests, without creating unnecessary tension."
The Legal 500 Latin America 2024
Band 1 – Corporate/M&A: International Counsel
Chambers Latin America 2025
"Antonio Del Pino is one of the top M&A practitioners in Latin America. He is an impressive and a very fierce negotiator, yet he is also very practical and aware of his clients’ needs."
Chambers Latin America 2024
"It's easy to work with him as he is very responsive, understands client needs rapidly, and goes straight into finding solutions."
Chambers Latin America 2024
"Antonio Del Pino is one of the strongest names around for cross-border work in the region."
Chambers Latin America 2023
"He has a pro-deal mentality and a great ability to build consensus."
Chambers Latin America 2023
Profile
Antonio Del Pino, Global Chair of Latham & Watkins’ Latin America Practice, advises companies, private equity firms, and financial institutions on cross-border acquisitions, divestitures, financings, and restructurings involving Latin America and the United States.
Antonio brings almost three decades of experience navigating complex transactions on behalf of sophisticated clients doing business in Latin America. His practice focuses on M&A and private equity transactions in the region, leading Latham to the top of the market in the space. The firm regularly tops the regional league tables for M&A and private equity transactions in the region.
He combines keen market insights with bilingual language skills to handle matters across industries, with a particular focus on the infrastructure, energy, and financial services sectors. In recognition of his commercial work and industry leadership, Antonio was an appointed member of the United States State Department’s Advisory Committee on International Economic Policy. He also serves on the Board of Directors of the Council of the Americas.
Antonio regularly advises on pro bono matters involving Latin America, Africa, and Asia. His work includes representing Acción International in connection with investments in microfinance institutions around the world. He is also a former member of the firm’s Pro Bono Committee.
Experience
Antonio regularly represents clients on strategic transactions in Latin America and has represented buyers and sellers on some of the most significant M&A transactions in the region over the last several years. Some examples of his work include:
GIP in connection with multiple transactions, including:
The joint venture with Grupo Romero to acquire a 50% stake in Trabajos Maritimos (Tramarsa), a Peru-based port infrastructure platform
The acquisition and corresponding acquisition financing of Atlas Renewable Energy, a clean energy company that develops, builds, and operates solar and wind projects in Latin America, from private equity firm Actis
The sale of certain reais denominated solar projects in Brazil to Engie Brazil
The acquisition of Saavi Energia, the fourth largest independent power producer and the largest privately held stand-alone power generator in Mexico, from Actis
A significant minority investment in Chile Renovables SpA, renewable energy affiliate of AES Andes SA, from AES, which garnered multiple deal of the year awards including 2022 Renewable Energy Financing of the Year by LatinFinance Project & Infrastructure Finance Awards
Telefónica in connection with several transactions in Latin America including:
A cutting-edge, deal of the year award-winning transaction with KKR to form a joint venture to develop Chile’s fiber optic to residence sector and related financing arrangements which was awarded 2022 Digital Infrastructure/Telecoms Financing of the Year LatinFinance Project & Infrastructure Finance
Agreement with KKR to establish Colombia’s first nationwide open access fiber optic network and related financing arrangements which was awarded 2022 Americas Digital Infrastructure Acquisition of the Year by IJInvestor
The sale of its subsidiaries in Guatemala to America Movil
The sale of its subsidiaries in Nicaragua and Panama, to Millicom International
The sale of its subsidiary in El Salvador to Jaguar Capital
The sale of its subsidiary in Costa Rica to Liberty Latin America
Banco Galicia in its groundbreaking acquisition of HSBC Argentina
Patria in its joint venture with Bancolombia to provide asset management services in Colombia
American Airlines on its US$200 million investment agreement with GOL Linhas Aéreas Inteligentes S.A., Brazil’s largest airline, and exclusive commercial partnership to create the broadest network in the Americas
Tresalia Capital in the sale of Kio Networks, a prominent Mexican data infrastructure company to Isquared
Softys, a Chilean company, in:
The acquisition of Ontex Group NV's Mexican-based business, its plant in Puebla, and the trademarks used in that country
The acquisition of the Brazilian business activities of Ontex Group, a Belgium-based developer and producer of personal care products
HIF, a Chilean group, in a cutting-edge investment from EIG, Porsche, and Baker Hughes to develop a global platform of e-fuels and green hydrogen projects
Grupo Aval in several acquisitions of banks and other financial services business including its acquisitions of Banco Bilbao Vizcaya Argentaria Panama and BBVA Horizonte in Colombia
Grupo Aval and its subsidiaries in connection with the Avianca’s chapter 11 restructuring and a structured financing related to ticket sales which was awarded 2022 Corporate Restructuring of the Year by LatinFinance
IFM Global Infrastructure on four related complex investments in infrastructure assets in Chile, Colombia, Mexico, Peru, and Spain valued at over US$5 billion, including its acquisition of OHL Concesiones for €2.7 billion, which was awarded Latin American Private Equity Deal of the Year in 2018 by LatinFinance
CDPQ in connection with its acquisition of a 80% stake in Enel Green Power’s renewable power portfolio in Mexico for US$1.4 billion, which involved an innovative build, transfer, and operate model; this deal was been shortlisted as 2018 infrastructure Deal of the Year by Infrastructure Investor
Linzor Capital in several acquisitions and divestitures in Argentina, Brazil, Chile, Colombia, Mexico, and Peru, including its US$1.1 billion acquisition of GE Capital’s equipment lending and leasing platform in Mexico, as well as its acquisition of Wi-Net Telecom, a Peru-based telecom provider in residential fixed services that operates through the “WIN” brand
Blackstone Tactical Opportunities Fund in connection with several investments and bids in Argentina, Chile, Colombia, and Mexico
Telecom Italia on several transactions in Argentina, Brazil and Venezuela
Webhelp in connection with the acquisition of OneLink, an innovator in digitally-enabled CX, BPO and technology services supporting tier one brands throughout the United States, Europe, and Latin America
Duke Energy in connection with several investments in power projects in Argentina, Bolivia, Brazil, Chile, and Peru
Repsol in several transactions in Argentina, Ecuador and Venezuela
Grupo Rios (a Colombian group) in several strategic transactions in the transport sectors in Chile and Colombia
Foster Wheeler in connection with acquisitions in Brazil and Mexico
Cencosud on several transactions in the region including an acquisition in Brazil and joint venture arrangements in Argentina
Oaktree in connection with investments in the cold storage business in Brazil and Chile
Kio Networks in connection with several transactions involving data infrastructure and communication assets in Mexico, Spain, and Central America including its auction sale of its Mexican communications infrastructure business to American Tower for approximately US$500 million
Cartesian Capital in connection with investments in Brazil and Mexico including Circle K Mexico and Metronet
Indigo Partners in connection with several investments in the Latin American airline industry including its acquisition of a significant interest in Volaris of Mexico and its investment in Jet Smart in Chile and Argentina
GE Capital in several significant acquisitions and divestitures including its sale of Compañia Samalayuca in Mexico, and the purchase and subsequent sale of BAC-Credomatic, a financial institution operating in 10 countries in the region to Grupo Aval, for US$1.9 billion and Banco Colpatria of Colombia to the Grupo Pacheco of Colombia
Andes Mining and Energy (a Chilean power and gas infrastructure company) on several transactions in the Chilean power infrastructure market including its joint ventures with EDF to acquire four power plants from AES and related financing, to develop a solar power project in Santiago, and its investment from EIG Partners
Digital Realty in its US$1.8 billion acquisition of Ascenty, a Brazilian data center company with operations in Brazil and Chile
Sempra on its agreement to acquire a minority interest in Transportadora de Gas del Peru and sale of its Argentine assets
Quiñenco, the holding company controlled by the Luksic family, in its agreement to acquire all of Terpel’s operations in Chile
BlackRock on several investments in Brazil and Mexico including its investment to upgrade Pemex’s Madero refinery
Carlyle Group on several acquisitions and divestitures including sale of Arabela, HTC, and ULA in Mexico
Hortifrut (a leading Chilean berries producer) in its Joint Venture with Munger Group
Proinversion in connection with the concession of a wastewater treatment system for Lake Titicaca
Metronet (a Mexican telecom infrastructure company) in its leveraged acquisition of Diveo Mexico and eventual sale to Kio Networks
Ospraie Partners in connection with its investment and sale of its interest in Fermaca, a leading owner and developer of midstream assets in Mexico for approximately US$750 million
Eton Park in connection with investments in Mexican financial sector
Ashmore Colombia in connection with investments in Andean and Central American energy, telecom, and other infrastructure sectors
Procaps, a leading Latin American pharmaceutical manufacturing company based in Colombia, in connection with a minority investment from the IFC
Saturn Shareholder representative in connection with Albertson’s sale of a significant minority interest in Casa Ley in Mexico
Orbiain in connection with its acquisition of Sylvin Technologies
JH Partners in acquisition of Neutral, an operator of duty free shops in Uruguay
Qualifications
Bar Qualification
New York
Education
JD, New York University School of Law, 1994
BA, Fordham University, 1991 cum laude, in cursu honorum
Firm honored by Law360 for advising startups, financial institutions, VCs, digital asset and Web3 participants, and corporations on their most innovative and complex transactions, investigations, litigation, and regulatory matters.
Members of the firm’s Latin America Practice represented one of the largest providers of telecommunications services in Latin America in the transaction.
Members of the firm’s Latin America Practice advise Davivienda in its integration of Scotiabank’s operation in Colombia, Panama, and Costa Rica, creating a global banking Multilatina in the largest M&A transaction in the Colombian banking industry in recent years.
Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.