Ms Macarena Laso > Morales & Besa > Santiago, Chile > Lawyer Profile

Morales & Besa
7550106 LAS CONDES

Work Department

Real Estate & Construction


Partner at Morales & Besa and head of Real Estate and Construction.



Ms. Laso has focused her practice on corporate matters, mergers and acquisitions, investment funds, public concessions, real estate and construction works and infrastructure projects. Her most recent advices include the creation of investment funds of private equity, both regulated and private, and their corresponding investment; the negotiation of construction agreements in representation of construction companies; and advising on the bidding of public infrastructure projects, such as the drafting of guarantees and construction agreements. She also advises on mergers of publicly listed companies and in the process of buying and seling companies, advising both the sellers and buyers to such companies. She is an arbitrator of the Arbitration and Mediation Center of the Santiago Chamber of Commerce (CAM).

Awards and recognitions:
Recognized in Corporate and M&A and Real Estate by Legal 500.
Recognized in Corporate Governance and Corporate and M&A and Real Estate and Tourism by Latin Lawyer 250.
Recognized in Projects by Chambers and Partners (2017). 


Spanish and English.


Chilean Bar Association.
Arbitrator of the Abitration and Mediation Center of the Santiago Chamber of Commerce.

She is a member of the directory boards of Innergy Holdings, Innegy Transporte and Innergy Soluciones Energéticas. She is also a director of Gas Pacífico and Gas Pacífico Argentina, a member of Enap’s subsidiary companies’ boards, as well as an advisor to the board directory of Ingevec S.A. for over 7 years.


Pontificia Universidad Católica de Chile, Law School, Law degree (1995).

Lawyer Rankings

Chile > Corporate and M&A

Morales & Besa‘s ‘very strong corporate and M&A practice fields 26 lawyers, who advise a range of international bidders, private equity firms and local and international sellers on complex acquisition processes in Chile. The group is particularly noted for its privatisation expertise, and includes advisers with considerable sector knowledge in areas including infrastructure, energy, technology, mining and construction The practice boasts several experienced partners, including name partners Guillermo Morales (corporate finance, restructuring, M&A and capital markets) and Eugenio Besa (M&A, foreign investment, capital markets and project finance). Formerly GC at Corp Group, Álvaro Barriga brings profound in-house insight to a practice focused upon transactional matters. Other key practitioners include Edmundo Varas (commercial, financial and corporate advisory, restructuring, bond placements and derivatives), Macarena Laso (primarily M&A, capital markets and PPPs) and Michel Diban (corporate M&A, foreign investment and restructurings). Former partner Matías Langevin left for Honorato | Delaveau in July 2019; the team also lost senior associate María Teresa Manubens who moved in-house at Agrosuper in May 2019. However, a timely boost saw corporate and commercial associate Guillermo Pizarro return from a year as international associate at Milbank‘s New York office in August 2019.

Chile > Projects and infrastructure

(Next Generation Partners)

Macarena LasoMorales & Besa

The 12-strong group at Morales & Besa is consistently involved in complex projects, predominantly in the infrastructure and energy sectors. Its transactional experience is characterised by work for investors, developers and lenders on the structuring, developing, purchase, sale and financing of high-end projects. The firm also has a robust regulatory practice, which advises on due diligence, bidding processes, negotiations with the authorities, and litigation, including in relation to tenders for public works concessions. Carlos Silva is an infrastructure and energy specialist; José Miguel Carvajal focuses on commercial, corporate and financial aspects; Myriam Barahona is a banking, finance and project finance expert; and Macarena Laso heads the real estate and construction practice. Support at senior associate level is provided by Javier BalbontínJames Channing and Katannya Jablonski. Former senior associate Sebastián Leyton left to become head of legal at regulatory entity Superintendencia de Electricidad y Combustibles, in January 2020.

Chile > Real estate

Morales & Besa‘s six-member real estate and infrastructure team is focused on both transactional and regulatory matters, and frequently works alongside the firm’s banking and finance, tax, and energy practices. The department is led by experienced partner Macarena Laso, whose broad experience covers public concessions, real estate and construction works, along with infrastructure projects. The practice is strongly supported by senior associate James Channing, who brings approximately 10 years’ experience in construction, real estate, project finance and infrastructure to the practice.