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Pablo Iacobelli

Work +56 2 2928 2215

Work Department

Corporate / Mergers & Acquisitions Group.


Partner, Carey.

His practice is focused on the areas of corporate law, mergers and acquisitions, joint ventures, securities, foreign investment and insurance.


Recognized as Leading Individual in Corporate, M&A and Insurance, Chambers Latin America.
Recognized in Corporate, M&A, Legal 500.
Recognized in Corporate, M&A, Latin Lawyer 250.
Recognized as Lawyer of the Year in Insurance, Best Lawyers.
Recognized as Leading Private Practitioner in Corporate/M&A, LACCA.
Recognized in Banking and Finance / Corporate and M&A / Insurance / Investment / Project Finance and Development, Best Lawyers.
Recognized in Corporate / M&A, Who’s Who Legal.

Author of numerous legal publications, including the Chilean chapter of Getting the Deal Through – Mergers & Acquisitions (2009-2013).

Frequent lecturer in legal seminars, meetings and conferences both in Chile and abroad.

Director of World Services Group.
Past Chair of the Latin America Regional Forum, IBA.
Officer of the Corporate/M&A Committee, IBA.
Foreign Associate, Simpson Thacher & Bartlett LLP (New York, 1998).


Spanish and English.


Member of the Chilean Bar Association.
Member of the International Bar Association (IBA).


Law, Universidad Católica de Chile.
LL.M., Duke University (1994).


Corporate and M&A (including compliance)

Within: Leading lawyers

Pablo Iacobelli - Carey

Within: Corporate and M&A (including compliance)

‘Absolutely a top-tier law firm for M&A’, Carey is widely respected for its experience in structuring M&A deals. The practice advises multinationals, funds and foreign companies investing in the country, along with local companies expanding their businesses in Chile and the region, on the full range of transactional matters and company law. It can assemble multidisciplinary teams so as to manage issues such as tax structuring, financing and corporate governance issues, as well as handling the establishment of partnerships, joint ventures and strategic alliances. The firm also fields lawyers with sector expertise in mining, infrastructure, energy, and finance, as well as construction, healthcare, telecoms and aquaculture. Headline work saw managing partner Jaime Carey team up with Cristián Eyzaguirre and Francisco Guzmán to advise UnitedHealth Group on its $2.7bn acquisition of Chilean healthcare company, Banmédica, which has a presence in Chile, Colombia and Peru. ‘Well known in the market’, Salvador Valdés assisted Brookfield Asset Management with the $1.3bn sale of its 27.8% stake in Transelec to China Southern Power Grid International, a state-owned company. Other key matters include advising Scotiabank on its $2.2bn acquisition of a majority stake of BBVA Chile, which saw Scotiabank become the third largest private-sector bank in Chile. Claudio Lizana, Pablo Iacobelli and Guillermo Acuña are also highly rated, along with Marcos Ríos, the ‘inestimable’ Jorge Carey, Francisco Ugarte, Jorge Ugarte, and Cristián Figueroa, who is ‘a very capable lawyer’. Patricia Silberman is a key counsel.

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Within: Insurance

Carey’s practice covers regulatory advice (including the incorporation and registration of insurance, reinsurance and broker companies), complex dispute resolution and loss adjustment procedures. In addition, the team assists regulated entities with their relations with the insurance regulator; advises on corporate governance and significant bet-the-company litigation; and acts for lenders and borrowers in the structuring of their project finance insurance and reinsurance packages. Recent highlights include advising Parque Arauco on the insurance programme review of its assets in Chile, Peru and Colombia; and assisting Scotiabank with the insurance aspects of its formal offer to acquire Spanish bank BBVA, along with its related local life insurance company and insurance brokerage entity. The team also advised Integro Insurance Brokers on the renewal of its professional indemnity policy; and assisted Starbucks Coffee Chile with the loss-adjustment process surrounding a major damages and business interruption claim caused by flooding in Santiago. Marcos Ríos, Pablo Iacobelli and Matías Vergara are the key advisers.

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