With industry expertise in the investment, real estate and fintech sectors, HD Legal‘s seven-strong capital markets practice covers a wide array of deals, including corporate and securitised bonds, along with commercial papers, fund units and general securities work. The wide-ranging experience of firm founder and managing partner Sebastián Delpiano encompasses debt and equity issuances, IPOs and securities brokerages; and director Carlos Frias is a banking, financial and securities market law expert. Also at director level, Nicolás Garcia assists with the issuance of debt securities that are publicly offered in Chile, and Carolina Philipps advises on matters concerning investments by Chilean pension funds. Other key names in the associate team are Ignacio Ruiz-Tagle, who assists with securities market-related mandates; and Gabriela Rojas (currently studying for an LLM at the London School of Economics). In October 2024, corporate real estate and capital markets lawyer Valentina Palma joined the firm from Albagli Zaliasnik.
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Profile
Work Department
Capital Markets, Asset Management, M & A, Corporate, Venture Capital.
Position
Partner
Career
Sebastián has a great deal of experience advising clients on corporate and financial matters, M&A and especially capital markets and managing financial assets and instruments. He has provided ongoing counsel to a significant group of securities brokers and fund managers in Chile and abroad.
He previously worked as a senior associate at Aninat Schwencke y Cía. (2012- 2014) and, before that, at Guerrero Olivos (2009-2012).
Between 2004 and 2009, he worked as an attorney and then Chief Counsel at Banchile Corredores de Bolsa S.A. and Banchile Administradora General de Fondos S.A.
Languages
Spanish and English.
Memberships
He is a member of the Legal Committee of the Chilean Investment Fund Management Association and is a member of the Legal Committee of the Chilean Fintech Association.
Education
Attorney, Universidad de los Andes (2004).
Master’s degree in Tax Management and Consultancy, Universidad Adolfo Ibáñez (2008).
Accredited by the Committee for Accreditation of Securities Market Knowledge (CAMV Chile).
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Testimonials
Collated independently by Legal 500 research team.
- ‘HD Legal has a great professional and human team that is deeply committed to its clients.’ ‘Within the firm, they have various practice areas, which distinguish them by providing a more comprehensive service to their clients.’ ‘With in-depth knowledge of the industry and their clients, they manage to generate interactions with clients that improve the final outcome of their work.’ ‘The team has a very good mix of professionals. The firm is not only made up of lawyers, but also other types of professionals, who support the work done by the lawyers.’ ‘Great experience in the sector.’ ‘A firm that understands clients’ business.’ Has the legal knowledge necessary to give good recommendations.’ ‘Sebastián Delpiano's knowledge and closeness to his clients are noteworthy.’
Key clients
- Servicios Financieros Altis Altis Financial Services Ameris Capital Administradora General de Fondos Quest Administradora General de Fondos FYNSA Administradora General de Fondos Vantrust Capital Administradora General de Fondos HMC Administradora General de Fondos NVS Administradora General de Fondos Santander Asset Management Administradora General de Fondos Vantrust Capital Corredores de Bolsa Nevasa Corredores de Bolsa UBS Agencia de Valores Chile Sigma Administradora General de Fondos Falcom Administradora General de Fondos SoyFocus Administradora General de Fondos Insignia Asset Management KMA Administradora de Fondos Privados Zurich Chile Asset Management Administradora General de Fondos Xcala Finasset Administradora General de Fondos
Work highlights
Advised Altis on the sale of Altis Administradora General de Fondos, which also included the transfer of all the funds (public and private) managed by Altis to another fund manager.