About Team Services Reach Contact
OCTOGONE
Independent Wealth Advisory
Investment advisory for high-net-worth
families and institutions.
Santiago, Chile  ·  Since 2012  ·  CMF Registered
Scroll
About

An independent firm.

Every client is different — with objectives, concerns and circumstances that cannot be resolved with a standard profile. Octogone exists to advise based on each client's specific situation.

We are an independent investment advisory firm for high-net-worth families and institutions, founded in 2012. No proprietary custody, no proprietary products — we work with the institution the client prefers.

With independence, rigor and a long-term perspective, we have spent over 14 years dedicated to the analysis and recommendation of investments aligned with each client's objectives.

Registered Investment Advisor with the CMF · Law N° 21.521

Partners

A team with over
30 years of average experience.

Every client works directly with the firm's partners. The relationship is direct, close and built on judgment, context and continuity.

2012
Year of inception
14+
Years in the market
30+
Average years of experience per partner

In investment advisory, the service is inseparable from the people who deliver it. Octogone's principal asset is its partners — and what defines each one is their track record, their judgment and their willingness to state clearly what the situation demands.

We know that trust is not an outcome: it is a process. It is built on consistency, on the clarity of each recommendation, and on each client making every decision with their own conviction.

Why Octogone

What defines us.

01
Independence

When we recommend a manager or an asset, we do so because we believe it is the best alternative for the client — not because of any commercial incentive. No proprietary custody. No proprietary products. Our only loyalty is to the client.

02
Conviction

Every recommendation is the result of a rigorous analytical process, applied to each client's specific situation. We evaluate in depth, analyze risks and explain with clarity the rationale behind each recommendation.

03
Global outlook

Our relationships with world-class managers and global institutions allow us to access opportunities normally beyond the reach of local banking — private equity, private credit, real estate — always subject to the due diligence each alternative demands.

04
Boutique

Every client works directly with the firm's partners. A focused and selective structure allows us to dedicate time, analysis and direct involvement to each client's wealth situation.

Our values
Transparency

Clear communication on rationale, risks, costs and potential conflicts.

Commitment

Long-term relationships, built on consistency, judgment and trust.

Rigor

We evaluate fundamentals, risks and context before every recommendation.

Judgment

We advise with independence, context and our own considered judgment.

Team

The people behind
every decision.

Joakim Lehmkuhl
Joakim Lehmkuhl
Founding Partner
— Background
Joakim Lehmkuhl
Founding Partner
Economist, University of Colorado. Brown Brothers Harriman, New York. Founder and former partner of Octogone Group (Geneva, 1995). Over 30 years building access to world-class asset managers and financial institutions globally.
← close
Manuel Bengolea
Manuel Bengolea Chadwick
Founding Partner · Managing Partner
— Background
Manuel Bengolea Chadwick
Founding Partner · Managing Partner
Statistics, UC · MBA Columbia Business School. Economic Advisor, Central Bank of Chile (9 years). Former Grupo Santander. Founder of FIT Research and WAC Research. Columnist in leading Chilean publications; Global Economics panelist at Radio El Conquistador. Visiting professor, University of Notre Dame 1996–2024. Octogone since 2012.
← close
Alain Rochette
Alain Rochette García
Partner · Executive Director
— Background
Alain Rochette García
Partner · Executive Director
Industrial Civil Engineer, U. de Chile. Financial Management Program, Stanford. Citibank/Citicorp 30 years (Chile, Japan, USA) — Regional Head of Markets for Latin America and member of the Regional Executive Committee. Former Head of Corporate and Investment Banking, Banco de Chile. Octogone since 2016.
← close
Patricio León
Patricio León Délano
Partner · Executive Director
— Background
Patricio León Délano
Partner · Executive Director
Civil Engineer, UC. Active in the financial sector since 1988 (AFP Provida, Citibank, Quiñenco BBVA). Managing Director Deutsche Bank Chile (2004–2016). Bank Julius Baer (2017–2018). Octogone since 2019.
← close
Pedro Aguila
Pedro Aguila Délano
Founding Partner · Finance & Management Control
— Background
Pedro Aguila Délano
Founding Partner · Finance & Management Control
Commercial Engineer, UC · Master in Finance, UAI. Seven years in international fixed income. Former Munita, Cruzat & Claro. Former Head of International Fixed Income Trading, Banco Penta. Octogone since 2012.
← close
Matías Yousef
Matías Yousef Izurieta
Partner · Director
— Background
Matías Yousef Izurieta
Partner · Director
Commercial Engineer and Master in Finance, UAI. Six years in Wealth Management at LarrainVial. Advanced Finance Program, The Wharton School (2019). Octogone since 2016.
← close
Milenko Mitrovic
Milenko Mitrovic
Investment Manager
— Background
Milenko Mitrovic
Investment Manager
Commercial Engineer, UC · Master in Finance, UAI · MBA UC. Former Celfin Capital. Senior Research Analyst, Penta Vida Insurance. Octogone since 2012.
← close
Karin Hernandez
Karin Hernandez
Operations Manager
— Background
Karin Hernandez
Operations Manager
Commercial Engineer, U. Finis Terrae. Eight years at LarrainVial, Commercial Assistant in the Wealth Management division. Octogone since 2015.
← close
Services

How we work

01
Investment Advisory

We study each situation in depth before proposing a strategy. Together with the client we define asset allocation, evaluate managers and adjust recommendations when context, objectives or market conditions warrant it.

We work with the institution the client prefers, with no institutional incentives or preferences on our part.

Independent analysis
Every recommendation reflects each client's specific objectives, circumstances and needs.
Ongoing monitoring
We track market developments and assess their implications for each client, their objectives and the current recommendation.
INVESTMENT PROFILE INVESTMENT STRATEGY GLOBAL OUTLOOK IMPLEMENTATION MONITORING & EVALUATION
02
Alternative Assets

Private equity, venture capital, private credit, real estate — asset classes historically reserved for larger institutional investors.

We have over a decade of track record evaluating alternative assets for high-net-worth portfolios. We analyze managers, review program terms and advise clients throughout the entire investment cycle.

Tools we use
Preqin Preqin — global alternative assets database
Analysis and due diligence
We evaluate each alternative before recommending, with independent analysis of the manager, strategy, risks and program terms.
Ongoing support
We accompany the client throughout the investment's life, reviewing relevant information and changes that may affect the original recommendation.
Private investments
Through our international relationships and active alliances, we access private investment opportunities for our clients.
Alternatives Program Asset Allocation Needs alignment: appreciation, capital preservation or income generation Evaluation Analysis: private equity, venture capital, real estate, private debt, infrastructure Reinvestment Analysis Review and adaptation: direct communication with managers Due Diligence Track record, team, controls and program terms Monitoring Continuous monitoring. Periodic reporting by manager and Octogone Implementation Execution and review of documentation and legal considerations
03
Wealth Consolidation

When wealth is distributed across multiple banks, custodians and asset classes, maintaining a comprehensive view becomes essential.

Through Masttro, we consolidate the client's financial and non-financial assets, with daily-updated information.

Unified view
Banks, custodians, alternative assets and real assets consolidated in one place.
Foundation for better decisions
A comprehensive view of wealth allows every recommendation to be assessed with better context.
Masttro — global consolidation platform
+500
connected institutions
+10,000
clients globally
28 countries
global presence
Reconocida por Private Asset Management Awards · Wealthbriefing European Awards · Family Wealth Report Awards
Masttro — Consolidación de Patrimonio
Reach

Global reach.
Local judgment.

Our relationships with world-class managers and globally-reaching institutions allow us to access opportunities unavailable through local banking. Our market knowledge allows us to evaluate each one with the appropriate context.

Managers
Institutional global access
World-class managers and institutions selected by track record and rigor, without geographic restriction.
Alternatives
Global private markets
Private equity, venture capital, private credit and real estate. Rigorous due diligence on every opportunity before recommending.
Consolidation
Masttro
Unified view of financial and non-financial assets. Daily-updated information, present in 28 countries.

A client who works with Octogone does not access a fund catalogue. They access a selective network, filtered with independent judgment and applied to their specific situation — with the same independence that defines everything we do.

Contact