Bruchou & Funes de Rioja is sought out by banking giants such as HSBC Latin America, The Bank of China, and Morgan Stanley for financing services including debt and equity capital markets, structured and acquisition finance, securitisations, and many more. It displays particular strength in equity transactions – despite Argentina’s minimal IPO activity in recent history, the firm has advised on two major public offerings in the last six years. Firm chairman Hugo Bruzone heads the sizeable banking, finance, and capital markets practice; his wide-ranging expertise includes equity offerings, tender offers, and debt securities. Highly regarded firm founding partner Carlos Lombardi participates in crucial corporate financings tied to M&A transactions. Analía Battaglia and Alejandro Perelsztein stand out for their acquisition finance, debt restructuring, and project finance advice to companies in the oil and gas, agriculture, and infrastructure sectors. José María Bazán assists with tender offers and regulatory compliance, while the ‘dedicated’ Matías López Figueroa advises arrangers, banks, and export credit agencies on syndicated and asset-backed loans as well as acquisition finance. The practice is further strengthened by Leandro Belusci’s knowledge of structured financings, including export credit agency, trade, and project finance; he was elevated to the partnership in April 2025. ‘Exceptional’ senior associate Ramón Poliche specialises in complex financial instruments and capital markets transactions. Name partner Enrique Bruchou retired from the firm in June 2025.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Bruchou & Funes de Rioja team comprises outstanding professionals who are consistently available, delivering creative and efficient solutions with a remarkably swift response time. They have extensive experience and market knowledge, ensuring their advice is always highly specific and tailored.’
  • ‘The Banking & Capital Markets practice is differentiated by the quality and depth of its analysis, the 24/7 availability of its team members, and its interdisciplinary and collaborative approach with other areas of the firm.’
  • ‘A bonus is that the team understands the banking business and explains legal issues very clearly so that we as clients can evaluate the risks. In other words, they “speak the same language” as the banking industry.’
  • ‘Bruchou's Tax team is always attentive to developments in the fiscal regulatory framework. They give us advance notice of new regulations and all the possible contingencies this could bring.’
  • ‘Matías López Figueroa is a deeply professional and dedicated partner who has an exceptional ability to think outside the box and provide innovative solutions to complex cases.’
  • ‘Partners José Bazán and Alejandro Perelsztein stand out for their knowledge of the sector and their creativity in structuring international and domestic transactions, while Analía Battaglia is notable for her experience in bank financing.’
  • ‘Daniela Rey has an exceptional quality that distinguishes her from other professionals: she always has answers appropriate to our interests and combines this with an extremely kind personality that invites long and interesting conversations.’
  • ‘Ramón Poliche is distinguished not only by his profound knowledge of legal and regulatory aspects but also by his understanding of the financial dimensions of the transactions in which he participates. This is a significant differentiator, enabling him to provide efficient solutions for the business.’
  • ‘Quimey Waisten is an associate with excellent personal and professional qualities. She is recognised for her ability to consistently understand clients' needs and deliver timely, effective, innovative, and actionable responses.’
  • ‘The cohesion shown by the team is impressive; they work with a high degree of integration.’

Key clients

  • Morgan Stanley Senior Funding, TMF Group
  • Vista Energy Argentina
  • YPF
  • HSBC Latin America
  • BofA Securities, Citigroup Global Markets, J.P. Morgan Securities and Standard Chartered Bank
  • Inter-American Investment Corporation
  • Landmark Developments and TMF Trust Company
  • Aguas y Saneamientos Argentinos
  • Revolut
  • Pluspetrol
  • VMOS (JV for Vaca Muerta Sur Project)
  • Bizland
  • Goldwind Group and certain financial institutions in a group loan
  • International Finance Corporation and Rabobank
  • Banco Macro
  • ECOGAS Inversiones, Banco de Valores, Puente Hnos.  and Balanz Capital Valores
  • Grupo Werthein
  • Grupo Supervielle
  • Dock Sud
  • Estremar

Work highlights

Advised YPF in the issuance of $1.1bn senior notes due 2034 under the frequent issuer regime from the Argentine Securities Commission, as well as on multiple transactions in 2024 and 2025.
Advised five first-line international banks in passive pass-through transactions with the Central Bank of Argentina involving BOPREAL Series 1-D securities for a total amount of $1bn.
Acted as deal counsel on the IPO of ECOGAS Inversiones via a public offer for subscription of shares-in-kind and voluntary exchange addressed to (i) all Class “B” shareholders of Distribuidora de Gas del Centro and (ii) all shareholders of Class “B” and “C” common shares of Distribuidora de Gas Cuyana.

Lawyers

Hall of Fame

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Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

Hugo Bruzone

Other key lawyers

Carlos Lombardi; Analía Battaglia; Enrique Bruchou; José María Bazán; Matías López Figueroa; Leandro Belusci; Alejandro Perelsztein; Ramón Poliche; Quimey Waisten; Lucrecia von Petery; Manuel Etchevehere