News & Highlights

  • JANUARY 2021

Virtual Discussion: Power, Democracy, and Social Change

At our first online event in 2021, we had an engaging conversation on Power, Democracy and Social Change with HBS Professor Julie Battilana and HKS Professor Marshall Ganz, moderated by Professor Steven Levistsky, Director of the David Rockefeller Center for Latin American Studies at Harvard University. The discussion focused on power and leadership in the context of mutual respect: learning how to disagree, being heard and seen, and having an impact when trying to change the system for a more democratic world. Over 180 people attended the event including alumni, HBS Latin America Advisory Board members and business leaders.
  • NOVEMBER 2020

Virtual Event: Innovation during COVID-19 at Grupo Falabella

In November, LARC partnered with Harvard Business Publishing for an event on Innovation during COVID-19. Gastón Bottazzini, MBA´97, CEO of Grupo Falabella, was interviewed by Amy Bernstein, Harvard Business Review Editor, to explore how Falabella has continued to thrive amidst the COVID-19 pandemic. Gastón explained that the pandemic led the company to rethink the way it operated and described the digital transformation that Falabella underwent. He also spoke about scalability solutions and the Falabella Academy. More than 150 attendees from Latin America including business leaders, alumni, and HBS board members joined the webinar.
  • October 2020

24 Hours of Harvard

Worldwide Week at Harvard showcases the breadth of Harvard’s global engagement through academic and cultural events with global or international themes. On October 7th-8th, 2020, Harvard broadcasted 24 Hours of Harvard, which featured 24 consecutive hours of around-the-clock and around-the-world events and activities. LARC contributed by creating a one-hour video that showcased the center’s work, from representing the University and the School in the region, to contributing to the research work and the development of case materials across Latin America.
  • October 2020

Thomaz Galvao

MBA Perspectives is a collection of HBS student profiles that highlight student experiences across different geographies and industries. These profiles provide prospective students with insight into life at HBS. In this article, Brazilian student Thomaz Galvao discusses what brought him to HBS and the new venture that he and four other HBS RC students are incubating in the i-lab.

New Research on the Region

  • March 2021
  • Case

Scale and Scope at Drake Real Estate Partners

By: Christina R. Wing and David Lane

Realizing in early 2021 that their pending real estate investment fund would likely be oversubscribed, Drake Real Estate Partners co-founders Nicolás Ibáñez and David Cotterman were considering how best to continue to diversify their investor base and how to optimize operational efficiency as they deployed increasing amounts of capital. Although his family office had funded the company’s first fund, Ibáñez added Latin American family investors and some institutions to subsequent funds while Cotterman focused on delivering 20+% returns. As they looked ahead to their fourth fund and beyond, the partners needed to decide how best to develop their firm and their offerings as they worked to attract capital without alienating either their smart-money family investors or their nascent institutional clientele.

  • March 2021
  • Case

Proteak: Valuing Forestry Assets

By: Gerardo Pérez Cavazos and Carla Larangeira

In early 2020, 414 Capital was hired by Proteak, Mexico´s largest forestry platform, to perform a valuation of its teak business, a high-grade hardwood commonly used to build boat decks, outdoor walls, furniture, doors and small objects. Teak plantations typically became commercially viable upon reaching 20 to 30 years of maturity and Proteak was two years away from reaching its final harvest period for several teak plantations in Mexico. Teak productivity could vary significantly across plantations. Ariel Fischman, founder and CEO of 414 Capital, a leading independent corporate financial services firm, recognized valuing land in Mexico was also a tricky business, and although they had previously performed a valuation of Proteak in 2014, the market dynamics had changed in the last six years, and so had the company’s position in the market.

  • January 2021
  • Case


By: Joshua D. Margolis and Fernanda Miguel

Two weeks after Cinepolis released a documentary film about corruption, a judge ordered its provisional suspension, claiming it had to be edited before it continued to be shown, against Mexican cinematography laws. Cinépolis, Latin America’s largest movie theater chain and the fourth largest in the world, welcoming 134 million moviegoers in 2011, had never distributed a film in its 40-plus years of existence, nor had there ever been an instance of pro-bono distribution in Mexico. Presumed Guilty, the country's highest grossing documentary, not only achieved commercial success but also fueled a revolution in Mexico’s judicial system. Alejandro (as he was called by everyone who worked with him) knew he faced a difficult decision. What risks would Cinépolis run if he chose to fight for freedom of speech? How far was he willing to take such a fight?

See more research

Buenos Aires Staff

Fernanda Miguel
Christopher P. Torto Executive Director
Mariana Cal
Assistant Director, Research
Jenyfeer Martínez Buitrago
Research Associate
Maria Martha Ruiz Melo
Office Manager

São Paulo Staff

Ruth Costas
Senior Researcher
Patricia Thome
Brazil Office & Regional Program Manager
Pedro Levindo
Senior Researcher

Mexico City Staff

Carla Larangeira
Senior Researcher