Sutti is reviewing and expanding its best-friends network in the region. It already works with Argentinian firm Allende & Brea to advise Italian holders of Argentinian bonds in relation to the restructuring of Argentina’s private debt.
Spanish-qualified Veruska de Prado is coordinating the desk. Clients include software and e-commerce company ArtinSoft and electrical equipment manufacturer BTicino.
Managing partner Stefano Sutti said: “Italy remains, for historical, commercial and cultural reasons, a strategic partner for Latin America.”
In a separate move, Spanish firm Cuatrecasas has also launched a Latin American desk from Madrid.