Ricardo Morales

Ricardo Morales co-founded HMC Capital in 2009 and currently serves as Executive Chairman. He oversees the firm’s advisory business and third-party products platform, supporting HMC Capital’s growth across Private Equity, Venture/Growth, Credit, and Real Estate strategies.

He has more than 25 years of experience in investments and financial markets. Before founding HMC Capital, he was Partner, Managing Director, and Head of Latin America Institutional Sales at LarrainVial, where he led the firm’s international expansion and helped develop its asset management division. He also participated in the development and distribution of some of the first regional Private Equity and Real Estate funds in Latin America and helped establish exclusive partnerships with international firms such as Blackstone and Och-Ziff. Earlier, he worked as a portfolio manager at CNA Insurance Company and began his career in 1997 as an equity research analyst.

Ricardo holds a master’s degree in Macroeconomics and Financial Economics from Pontificia Universidad Católica de Chile and completed the Executive Private Equity Diploma at Harvard University and London Business School.