About us

At Calwaro Capital we have an entrepreneurial mindset with a long-term investment horizon. We invest globally in different asset classes on behalf of Gerardo and Gregorio Werthein and our strategic partners.
Our goal is to generate long-term returns as well as a positive impact on the world. To achieve these goals, we are surrounded by great people with the highest standards of excellence, innovation and flexibility.


Who we are?

Gerardo Werthein.

Founder, Calwaro Capital

Before founding Calwaro Capital, Mr. Gerardo Werthein was a principal of the Werthein Group since 1990 and for over three decades, where he had played an instrumental role, executing numerous M&A and corporate finance transactions. Mr. Gerardo Werthein has held a variety of leadership positions, including Vice Chairman of the board of directors of Telecom Argentina from 2003 to 2017, where he negotiated and completed a $3.3 billion debt refinancing, one of the largest private debt restructurings in Argentina’s history. He also acted as Chairman of Banco Caja de Ahorro, as well as CEO of Holding Caja de Ahorro y Seguro from...See more

Gregorio Werthein.

CEO & Chairman, Calwaro Capital

Previous to becoming chairman of Calwaro Capital, Mr. Gregorio Werthein was an Executive Managing Director of the Werthein Group for almost ten years. Gregorio served as the chair of the M&A and investment committee, and was board member of several companies, including Transportadora de Gas del Sur S.A (“TGS”). After co-founding Replay, Mr. Gregorio Werthein was its Co-Chief Executive Officer. Mr. Werthein holds a degree in economics from Universidad de Buenos Aires, a masters’ degree in business administration from Columbia University, and completed the Leadership Development Program from Harvard Business School.

Pablo Tarantino.

Chief Legal Officer, Calwaro Capital

Pablo is a lawyer specialized in corporate law, mergers and acquisitions, corporate reorganizations, family office and both transactional and day-to-day advice for national and multinational companies and family offices, areas in which he has 17 years of experience.
He began his career as a private practitioner and has assisted in general corporate law, mergers and acquisitions, as well as the design of complex corporate structures for national and international transactions...See more

Martin Abramovich.

CFO, Calwaro Capital

Martin has been involved on the private equity business for the last 15 years, participating in USD +1Bn M&A transactions across a wide range of industries including telecommunications, media, banking, insurance, energy, agribusiness, and real estate.
Martin is also specialized in portfolio/risk management, specifically on derivatives and options strategies. Before joining Calwaro Capital, he advised and managed the Werthein Group investment portfolio and other Argentinian family offices with USD +400mm in assets under management....See more



Our mission is to deliver superior returns to the market over a long-term horizon and, at the same time, generate a positive impact on the world. By doing this, we partner with world-class investors who adhere to our same values.



Invest globally in different asset classes with an entrepreneurial but opportunistic approach. Long-term and flexible capital is what sets us apart.



Excellence, transparency, hard work, passion for performance and a team mindset are at the heart of the company culture.




Email: info@calwaro.com