We build lasting partnerships

About

GRAM

Anchored by Grupo Romero, GRAM seeks to create lasting partnerships to deliver asymmetrical returns across asset classes.

Our Approach

Heritage

Heritage of entrepreneurship, business building, and operations, coupled with an investment mindset and disciplined diligence.

Access

Access to the global investment ecosystem with a broad network of GPs, LPs, family offices, and senior capital markets participants.

Team

Experienced team with investing, value creation, capital partnering, and talent management experience.

Investment

Strategies

Across strategies, GRAM aims to build lasting partnerships that will deliver superior returns, pursuing the highest integrity standards.

Fund Investments

Invest in experienced GPs with distinctive strategies that have outperformed the benchmark across economic cycles.

Co-Investments

Build a diversified portfolio of co-investments and direct deals across the capital structure with leading GPs.

Special Situations

Invest in high conviction, resilient businesses across the capital structure, exerting influence on value creation plans through engaged ownership.

Private Equity

Partner with talented management teams in building compelling businesses.

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Our
experienced

Team

Investing and Business Development

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Marco Peschiera

CEO & CIO

Marco Peschiera

Marco Peschiera has over 26 years of experience in the financial industry. He is currently the CEO of Grupo Romero Investment Office (GRIO) and serves as CEO and CIO of Grupo Romero Asset Management (GRAM). Additionally, he is a board member at companies such as Alicorp, Ocensa, Primax, Infracorp, Mobiliare, Grupo Palmas, Energuate and Grupo Centenario, among others.

Prior to joining Grupo Romero in 2017, Mr. Peschiera worked as Fund Head and Managing Director at Carlyle Peru Fund and acted as a board member across the fund’s portfolio companies.

Before joining Carlyle, Mr. Peschiera worked as a Managing Director for the LatAm Group at Citi, leading the Industrials practice, and as Vice President of M&A at Salomon Smith Barney. He received his MBA from The Wharton School at the University of Pennsylvania, and a BA degree in Industrial Engineering from Universidad de Lima.

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Eduardo Ramos

Managing Partner

Eduardo Ramos

Eduardo Ramos joined GRAM in 2023, bringing 24 years of investing and operating experience, including 15 years in private equity. Before joining GRAM, Mr. Ramos spent 11 years at Carlyle as Managing Director and head of the Carlyle Peru Fund, where he was part of the Americas Team responsible for investing in Hispanic Americas. During his tenure, he led numerous transactions across a variety of industries and served on multiple portfolio company boards, several of which he remains actively involved with.

Earlier in his career, Mr. Ramos worked as a Principal at Aureos Capital, a private equity firm focused on emerging markets, and as Senior Manager of Strategy & Business Development at Kraft Foods. He holds an MBA from London Business School and a BA in Economics from Universidad del Pacífico.

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Alex Bayly

Managing Director

Alex Bayly

Alex Bayly joined GRAM in 2023 and has 14 years of investing and operating experience, including 9 years in private equity/asset allocation and currently Board Member at three Grupo Romero companies.

Prior to joining GRAM, Mr. Bayly worked for 6 years at Grupo Romero, both at the Investment Office leading M&A transactions and value creation and at Primax, a Grupo Romero portfolio company, leading the Strategy/M&A division.

Before joining Grupo Romero, Mr. Bayly worked as Associate Director with The Abraaj Group, a private equity generalist firm focused on emerging markets and at McKinsey & Company’s Latam Office. He received his MBA from Harvard Business School and a BA in Business from Universidad del Pacifico.

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Gerardo Bacigalupo

Principal

Gerardo Bacigalupo

Gerardo Bacigalupo joined GRAM in 2023, bringing over 14 years of investment experience, including 10 years in private equity. Before joining GRAM, Mr. Bacigalupo worked for six years at Carlyle. There, he managed the Carlyle Peru Fund’s portfolio in Latin America and was part of the Americas Team responsible for investments in Hispanic Americas. He served on several portfolio company boards, maintaining active involvement with some of them.

Before Carlyle, Mr. Bacigalupo led M&A transactions and value creation at the Strategy/M&A division of Grupo Falabella Financiero, where he evaluated growth initiatives in Latin America. Earlier, he worked for four years at Enfoca, overseeing investments in sectors such as retail, education, and media, and prior to that, at PwC in advisory roles for transfer pricing. Mr. Bacigalupo earned an MBA from The Wharton School and a BA in Economics from Universidad del Pacífico.

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Ian Bayly

Principal

Ian Bayly

Ian Bayly joined GRAM in 2023, after six years at Carlyle as Vice President, where he was part of the Investment Team managing the Carlyle Peru Fund and the Americas Team responsible for investments in Hispanic Americas. He actively participated on several portfolio company boards.

Previously, Mr. Bayly worked at Morgan Stanley’s Investment Banking Division in Mexico City and New York, where he contributed to M&A, equity, and debt transactions totaling over $7.5 billion across various industries, including consumer and retail, hospitality, and financial services. He also worked at Access SEAF, a small-cap private equity firm in Peru. Mr. Bayly earned an MBA from London Business School and a BA in Business and Finance from Universidad Peruana de Ciencias Aplicadas.

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Gloria Risso

Director

Gloria Risso

Gloria is Director – Head of Investments at Grupo Romero Asset Management based in Miami, leading the investment team and portfolio allocation for private market funds and co-investments. She started her career in Lima, Peru at Altra Investments, private equity firm focused on the Andean region. After business school, she spent a year in NY working for Casa Dragones, portfolio company of BDT Capital Partners, and then returned to Lima to work for McKinsey, focusing on due diligences, digital transformations, and digital business building in Peru, Chile, and Argentina. She joined Grupo Romero Investment Office in 2021.

Ms. Risso has bachelor’s degree in Economics with concentration in Finance from Universidad del Pacifico (Peru) and a master’s degree in Business Administration from Stanford Graduate School of Business (USA).

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Nicholas Telge

Vice President

Nicholas Telge

Nicholas Telge joined GRAM in 2023, bringing experience in investment banking and private equity. Before joining GRAM, Mr. Telge worked for six years at Credit Suisse’s Investment Banking Division in Lima and New York, gaining expertise across multiple sectors, including Consumer & Retail, Power & Utilities, Media & Telecom, and Financial Services. He also spent two years at Enfoca, a private equity firm focused on middle-market investments in Peru.

Mr. Telge is responsible for making passive and active investments at GRAM, with a particular focus on passive co-investments. As a Vice President of investments, he helps in key decision making related to due diligence, asset allocation, risk management, and portfolio optimization across various investment vehicles.

Mr. Telge holds a Bachelor’s degree in Business Administration and Management from Universidad del Pacífico, where he was a member of the Beta Gamma Sigma Honor Society.

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Rafael Carranza

Vice President

Rafael Carranza

Rafael Carranza joined GRAM’s Americas Buyout Fund (“ABF”) team in 2023, where he focuses on identifying investment opportunities in Hispanic Americas and managing ABF’s portfolio companies. He also serves as an Investment Professional for the Carlyle Peru Fund (as a subadvisor) managing Carlyle’s portfolio for the region. Before joining GRAM, Mr. Carranza worked for over four years at Bank of America, where he served as an Investment Banking professional for the Latin America Group. His experience includes executing transactions exceeding $5 billion across sectors such as consumer, retail, infrastructure and technology.

Earlier in his career, Mr. Carranza worked at Credicorp Capital, where he held several positions in the Investment Banking Division. He earned an MBA from The Wharton School and a BA in Economics from Universidad del Pacífico.

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Francisco Velaochaga

Senior Associate

Francisco Velaochaga

Francisco Velaochaga joined GRAM in 2023. Prior to joining GRAM, Mr. Velaochaga worked for 1 year at Grupo Romero’s Investment Office, evaluating M&A transactions and value creation initiatives across the portfolio.  Before joining Grupo Romero, Mr. Velaochaga worked for 4 years at Enfoca, a leading generalist middle-market Private Equity manager investing across Mexico, Colombia and Peru with AuM of +$1.5bn, where he gained experience in multiple sectors including Healthcare and Insurance, Education, Media, Infrastructure, Retail, among others. Mr. Velaochaga received a BA in Industrial Engineering from Universidad de Lima in Peru.

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Fatima Rohde

Associate

Fatima Rohde

Fátima Rohde joined GRAM in 2024 and currently serves as an Investments Associate, focusing on the Fund Investments vertical and contributing to the firm’s broader investment strategy. She is responsible for analyzing and evaluating investment opportunities, as well as monitoring current investments to ensure alignment with GRAM’s strategic and financial objectives.

Prior to GRAM, she worked for over two years at GRIO (Grupo Romero Investment Office) as an Investments Analyst and Intern, specializing in M&A transaction evaluation and portfolio value creation. Earlier in her career, Ms. Rohde gained experience in private equity at AC Capitales, working in infrastructure-focused funds, and held roles in investment banking and corporate finance at Credicorp Capital and SURA Asset Management.

Ms. Rohde holds a Bachelor’s degree in Economics from Universidad del Pacífico. Her background showcases a strong foundation in investment analysis in alternative asset classes and strategic portfolio development.

Firm and Fund Operations

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Diego Perez

COO & Head of Capital Partnering

Diego Perez

Diego Perez joined GRAM in 2023 and has 30 years of experience. Prior to joining GRAM, Mr. Perez worked for Grupo Romero and GRIO for nearly ten years, most recently serving as Director and Head of Talent and Organization. Previously, he was Managing Partner at Odgers Berndtson for the Andean Region and Principal at Heidrick & Struggles, working in the Financial Services and Private Equity Practices in Madrid and London.

He holds a BA in Economics and Business Administration from CUNEF Universidad and has completed executive programs offered by IESE Business School, Harvard Business School, and Escuela de Dirección de la Universidad de Piura.

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Rafael Villaran

Legal Counsel

Rafael Villaran

Rafael Villaran acts as internal legal counsel for the GRAM platform and has over 12 years of experience dealing with sophisticated M&A, banking and finance, and commercial transactions.  He is dual-qualified to practice law in Peru and New York.

In addition to the above, Mr. Villaran serves as GRIO S.A.’s Legal Director for M&A, Asset Management, and Investments since May 2022. Prior to joining GRIO, Mr. Villaran was Legal Chief of M&A at Alicorp S.A.A., Peru’s largest consumer goods company, where he was responsible for all legal aspects of M&A and other high-complexity commercial matters.  Prior to joining Alicorp, Mr. Villaran worked as an International Lawyer at Cleary, Gottlieb, Steen & Hamilton’s New York Office and as an Associate at Estudio Rodrigo, Elias & Medrano and Estudio Echecopar, member firm of Baker & McKenzie.

Mr. Villaran received his LL.M. from Harvard Law School, where he was awarded the Dean’s Award for Community Leadership, and graduated Summa Cum Laude from Universidad de Lima, in Peru with a law degree.

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Heidy Estrada

Miami Office Manager

Heidy Estrada

Heidy Estrada joined GRAM in 2023 as Business Office Manager, where she oversees daily operations, including payroll processing, benefits administration, onboarding, vendor management, budget management, compliance management, and project coordination. She previously worked at Aterian Investment Partners as Office Manager and Executive Assistant, managing executive calendars, organizing events, and supervising office build-outs. Before that, she held roles at Stryker, First National Bank of South Miami, and Del Monte Fresh Produce, gaining significant experience in office administration, HR processes, and executive support.

Ms. Estrada earned her degree in Business from the University of Phoenix. Her career showcases her ability to manage complex office environments and foster efficient organizational processes.

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Thulin Elguera

Peru Office Manager

Thulin Elguera

Thulin Elguera joined GRAM in 2023 and has 18 years of experience. Mrs. Thulin worked for 10 years at Carlyle, where she was the Office Manager of the Carlyle Peru Fund.

Before joining Carlyle, Mrs. Thulin worked for 5 years at Seguros Sura and Invita Seguros, where she was Executive Assistant for the Chairman and the CEO, and as Executive Assistant at Ernst & Young.

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