Independent investment advisory for families

Mr. Rojas is a founding partner of 3R Inversiones, based in Asunción, where he leads portfolio management and investment strategy. Prior to founding 3R, he was Assistant Portfolio Manager at North Rock LLC in London, where he co-managed a global volatility strategy that delivered positive, sustained returns across the strategy's 37 active months. Previously he was an Analyst and Assistant Portfolio Manager at ExodusPoint Capital, also in London, co-managing a global long volatility strategy with double-digit annual returns on capital employed and positive PnL in 25 of 28 months.

Before joining ExodusPoint, he spent nine years at Citi in London as an Equity Options Trader, managing risk and execution in equity derivatives for the bank and its clients across multiple sectors, as well as large risk-arbitrage positions in multi-currency transactions. He was consistently his team's top producer.

He graduated with honours in Economics from Grinnell College and read the General Course in Economics at the London School of Economics. He speaks Spanish and English, with intermediate Portuguese and basic French.

Mr. Ravazzani is a founding shareholder of 3R Inversiones and a founding partner of Aventino, based in Asunción. Prior to founding Aventino, he was Head of Investment Banking for Argentina, Paraguay and Uruguay at Itaú, based in Asunción, and previously Head of Investment Banking for Chile at Itaú, based in Santiago. Before that he was Regional Managing Director at L Catterton, a New York-based private equity fund, Managing Director of Hydrochile, and responsible for Latin American private investments at Eton Park Capital Management in New York.

Before joining Eton Park, he spent 13 years in investment banking, principally in Latin American M&A out of New York: he was Managing Director and Global Head of Financial Sponsors at Santander, Head of Southern Cone Investment Banking at Morgan Stanley, and an M&A banker at Merrill Lynch and JP Morgan. He serves on the Investment Committee of FIS II, a venture capital fund based in Santiago, Chile.

He graduated magna cum laude from Tufts University in Economics and International Relations, and holds a master's degree from the University of Essex and an MBA from the University of Chicago. He speaks Spanish, English and Italian.

Mr. Rodríguez Alcalá is a founding shareholder of 3R Inversiones and a founding partner of Aventino, based in Asunción. Prior to founding Aventino, he was part of the Itaú BBA Investment Banking team for Argentina, Paraguay and Uruguay, based in Asunción.

Before joining Itaú, he spent nine years in investment banking and financial advisory in Paraguay: he was Senior Manager and country head of Deloitte Financial Advisory in Paraguay and, previously, worked at Alpax, a regional M&A advisory firm based in Miami.

He graduated in Business Administration and Economics from Skidmore College in Saratoga Springs, New York. He speaks Spanish and English.