management team

Ramiro Lauzan

Ramiro Lauzan

Mr. Lauzan has more than 20 years of experience working in acquisitions and transformations of corporations in Latin America, Asia and the US.

At Humus Capital Partners, Mr. Lauzan leads the Investment Committee and is responsible for the Firm's fundraising activities. He is also a member of the Board at all of Humus Capital's portfolio companies.

Prior to establishing Humus Capital Partners, Mr. Lauzan was an Associate Partner at McKinsey & Co., where he worked for over 8 years based in Argentina, Brazil and Australia. At McKinsey & Co., Mr. Lauzan served clients across geographies and industry sectors, on a wide range of strategic, operational and financial topics.

Before joining McKinsey & Co., Mr. Lauzan co-founded L.I.D. Group, a small investment firm focused on early-stage technology companies in South America. Notable investments by L.I.D. Group include Check-Forte (transaction-processing company, Brazil, 34% IRR) and Credit One (collections company, Brazil, 60% IRR)

Mr. Lauzan's also worked as an Associate at Lehman Brothers' Investment Banking Division in New York, where he advised on a variety of M&A transactions.

Mr. Lauzan is currently a member of the Board at Aaktei Energia SpA, a renewable energy company in Chile.

Mr. Lauzan holds a Business Economics degree from Universidad Torcuato Di Tella in Argentina and an MBA from Columbia Business School (Yosaji Morita scholar, Beta Gamma Sigma Honor Society, Dean's List) in New York, USA.

Founder & Partner
Martin Otero Monsegur

Martin Otero Monsegur

Martin Otero Monsegur has over 15 years of experience as a corporate executive and investor.

Prior to founding Humus Capital Partners, Mr. Otero Monsegur was a Principal in a family-owned investment vehicle (FOIV) focused on Agribusiness. In this capacity, Mr. Otero Monsegur has served as a member of the Executive Committee of San Miguel S.A. [BCBA: SAMI.BA], a leading global exporter of fresh citrus and industrial by-products, and a portfolio company. Mr. Otero Monsegur led the negotiation and acquisition process; he then became actively involved in the strategy formulation, and since then he has been working closely with the company’s management to implement selected strategic initiatives. The results of such strategic plan have been impressive as the company increased revenues and EBITDA by 3x.

During his tenure at FOIV, Mr. Otero Monsegur also served as a member of the Executive Committee in Ganagrin S.A. (an Argentine agriculture and livestock producer). Ganagrin is a FOIV portfolio company too.

From 2003 to 2007, Mr. Otero Monsegur worked with McKinsey & Co. as a consultant in Latin America and Europe. In this capacity, he participated in strategic and operational projects for leading firms operating in industries such as retail, financial services and telecom.

Prior to McKinsey, Mr. Otero Monsegur worked with Shell Oil as Operations Manager, responsible for sales and distribution of Fuels & Lubricants in the Northern Area of Argentina, as well as other line positions with full P&L accountability.

Mr. Otero Monsegur holds a Business Administration degree from Universidad Católica Argentina (UCA) and an MBA from Tuck School of Business at Dartmouth. He is currently member of the Advisory Board at the Christian Entrepreneurs Association (ACDE) and member of the Board of Directors of CEAL Argentina (Consejo de Empresarios de America Latina).

Founder & Partner

Dolores Ortiz Machain

Dolores Ortiz Machain

Dolores Ortiz Machain has over 7 years of experience in top tier global companies covering a wide range of financial topics both in Argentina and abroad.

At Humus Capital Partners Mrs. Ortiz Machain is involved in the supervision of the portfolio companies and is responsible for the corporate information reporting process.

Prior to joining Humus Capital Partners in 2011, Dolores served as a Financial Supervisor for Procter & Gamble in Panama, the company’s LA headquarters. Being the LA responsible for internal controls as well as the key steward for the marketing budget within the fabric care business.

Previously, Dolores worked for McDonald’s holding responsibility for the entire LA balance sheet and reporting processes within the corporate group. Dolores was able to broaden her accountancy background by thoroughly coping with full P/L statements and cash flow projections.

Mrs. Ortiz Machain’s experience also includes working as a Senior Auditor for Ernst & Young where she quickly moved across the organization with roles of increasing responsibility.

Mrs. Ortiz Machain holds an Accountancy degree from Universidad Católica in Argentina (2005) and she has participated in several leadership and financial seminars.


Ernesto de Bary

Ernesto de Bary

Ernesto de Bary has over 8 years of experience in Investment Banking, Equity Research and the Food & Beverages and Agribusiness sectors.

At Humus Capital Partners, Mr. de Bary is involved in the fundraising process, the analysis of investment opportunities and deal origination.

Prior to joining Humus Capital Partners, Mr. de Bary was an Associate at Lazard with a special focus in Food & Beverage and Agribusiness. Mr. de Bary joined the Lazard Buenos Aires office as an Analyst in 2010, and has participated in several M&A transactions, Project Finance deals, Restructuring mandates and other advisory assignments across Latin America (including: Brazil, Argentina, Chile, Colombia, Peru, Panama, Uruguay, Guatemala, Venezuela, Dominican Republic and Barbados).

Mr. de Bary has advised clients in a broad range of industries and geographies including Ecopetrol, Ambev, Sanofi, Danone, Agrium, Cargill, Unilever, PDVSA, Riopaila Castilla, Capital International Private Equity Fund, Hicks, Muse, Tate & Furst, Atanor, Cepas Argentinas, Altima Partners, EPM, Solvay, Ashmore Group, Calesa, Eastern Caribbean Gas Pipeline Company (ECGPC), Los Werthein, Los Grobo, Extracon, Medanito, Moneda Asset Management, among others.

Prior to joining Lazard, Mr. de Bary worked as an offshore associate of a senior Equity Research analyst for a prestigious European investment bank in NY, and in the accounting sector for two Argentinean Agribusiness firms: Bemberg Group’s Agribusiness unit in Argentina, and San Fili S.A (potatoes supplier to Farm Frites Argentina).

Mr. de Bary holds a Business Administration degree and a CPA degree from San Andrés University (UdeSA), and a Master Degree in Finance from Torcuato Di Tella University (UTDT). Mr de Bary approved the level 1 of the CFA Program, and participated in the Lazard 2014 Associates Training Program in NY.

Investment Associate