Federico Vazquez, Managing Partner, Hefesto AsesoresFederico Vazquez, Managing Partner
Hefesto Asesores, is a national and international legal and financial advisory firm, specializing in private equity, venture capital, banking and finance, and capital markets. The Firm has experience in the financial and stock market sectors, advising investors and target companies in various sectors like fintech, proptech, crypto, real estate, SAS, and hospitality. In complex sectors such as legal and financial, Hefesto manages to unite both to provide a comprehensive service to its clients.

Initially conceived as a law firm, it embarked on a transformative journey with strategic hires of financial experts to forge novel legal structures that align with new financial solutions.

The Firm aims to implement structures that draw inspiration from the well-established and harmonized legal and financial frameworks employed in the U.S. to fit the specific context of Mexico’s venture capital and private equity sectors.

“Our service portfolio extends beyond structuring the investment round to daily affairs like corporate governance and legal guidance a startup or a well-established company would require in the private equity space,” mentions Federico Vazquez, managing partner of Hefesto Asesores. “If they want to lease an office, explore new business models, or acquire another company, we assist them with that as well. Since our services complement each other, clients can avoid having to hire separate firms for everything.”

Whether it is advice on various sectors of corporate governance matters, including convening, planning, and preparing minutes for shareholder meetings and board of directors’ meetings, or negotiating shareholder agreements, Hefesto its committed to generating value for its clients.

The firm also values transparency in all its interactions with clients. Hefesto believes in establishing a deeper connection with potential clients by meeting them in person instead of communicating virtually.

During these meetings, Hefesto tries to understand the client’s current activities and their investment and growth goals for the short-term, mid-term, and long-term. Based on this understanding, the firm provides tailor made solutions to meet their specific requirements. Hefesto values its clients and strives to build long-term relationships with them.

The primary factor that sets Hefesto apart is its unwavering commitment to expedited problem-solving while maintaining the highest standards of quality and client care. The dual emphasis on efficiency and exceptional client experience forms the cornerstone of their distinctive approach, ensuring that clients not only receive top-tier results but also enjoy a seamless and respectful partnership throughout the process.

In one instance, Hefesto assisted an early startup client facing numerous legal and financial compliance matters. The client had managed to secure their main investor but had to resolve these issues before the investor backed out. Their existing lawyer had mishandled some regulatory documents. To make this investment happen, the client reached out to Hefesto with only a tight window of 48 hours to solve the problem.

Our service portfolio extends beyond structuring the investment round to daily affairs like corporate governance and legal guidance a startup or well-established company would require in the private equity space

Over the 48 hours, the team worked tirelessly to prepare detailed legal documents and gather information for the client to successfully secure the investment. The story doesn’t end here. The firm also played a pivotal role in securing additional funding from another investor and restructured the client’s investment as well. Today, the startup stands among the top 15 startups in Mexico, a testament to Hefesto’s remarkable achievement.

Over the years, the firm has changed the status quo of the alternative investments sector in Mexico, advising entrepreneurs and asset managers on investment vehicle structuring, investment rounds, capital raising, and startup establishment.

With the recent surge in interest rates, Hefesto has recognized the difficulty of attracting local investors in the U.S. and Mexico, where investor support has been shrinking. In response, the company has pivoted towards broadening its reach and engagement with Latin American and European markets by actively seeking out and securing new investors from these regions. Through this, Hefesto has ensured a diversified investor base and mitigated the impact of rising interest rates for a robust and sustainable approach to financial advisory services in the face of changing economic landscapes.

For the road ahead, Hefesto strives to expand its services across Mexico, the U.S., Colombia, Argentina, and Chile. Its primary mission, however, remains simple: to facilitate clients’ investment journey and provide a seamless landing for the organic growth of their businesses.