Rubicon Capital Advisors, a leading investment banking firm focused solely on the infrastructure, energy and utilities sectors, has opened a new office in Mexico City.
The new office will be led by Santiago Ortiz Monasterio, who has joined the firm as a senior director.
The Mexico City office joins Rubicon’s established Bogotá office in offering core investment banking advisory services throughout Latin America to clients in the infrastructure, energy and utilities sectors.
“The opening of our Mexico City office is an integral part of Rubicon’s strategy to further strengthen its presence in both Mexico and the broader Latin American market,” said Conor Kelly, Rubicon CEO. “This expansion furthers our strategy to invest in growth markets and support our regional and global clients in their broadening investment appetite and strategies.”
Monasterio joins Rubicon from GBM Infraestructura, a leading Mexican energy and infrastructure fund, where he has worked for the past seven years, serving the last four as the fund’s managing director.
At GBM, Monasterio was responsible for overall investment strategy involving assets in the energy, transportation, environmental and social sectors. He structured more than 800 megawatts of installed capacity for renewable and thermal projects, as well as several toll roads and integrated water systems throughout Mexico.
Rubicon’s expansion in the region follows a recent transaction closing announced last week around an equity interest sale of a Mexican toll road and its associate operating company. In addition, the firm oversaw an acquisition of a Mexican toll road asset in May 2018.
Rubicon’s Bogotá office opened in late October 2018 in tandem with the establishment of a broader Latin American team and key hires of managing director Andrés O’Byrne and senior director Juan José Montoya.
Since inception in 2011, Rubicon has sold, acquired or refinanced of more than 100 essential infrastructure, energy and utilities assets located across Europe, North America, Latin America and Asia with a combined enterprise value in excess of $50 billion.
The firm has been active in Latin America since 2011.
