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The Team


Alfonso Naranjo

Alfonso directs Chagres Capital's real estate portfolio and leads the advisory division. 

Prior to founding Chagres Capital, Alfonso served as business development manager at Semah Investments a family office specialized in commercial and residential real estate.

Alfonso holds an MBA from IE Business School in Madrid, Spain, and a BA in Multinational Business from Florida State University.


Sergi Lucas

Sergi directs Chagres Capital's  investment and transactions committee and investor-client relations. 

Prior and parallel to founding Chagres Capital Sergi served as:

  • Board of directors of the Panamanian Banking Association. 2013-2014.

  • Managing Partner of Canal Securities brokerage house. 

Sergi holds an MBA from IE Business School in Madrid, Spain. 


Roberto Brenes

Roberto oversees the transactions of the advisory division.

He dedicated his career to the development of capital markets:

Board of directors of the Panama Stock Exchange  - Present
Manager of the Panamanian Stock Exchange. 2003-2015. 
Director of Canal Bank - Present

Roberto holds an MBA degree from Columbia University and a BA from Instituto Tecnologico de Monterrey. 

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