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Single Family OfficePuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 2 SOURCES

Inversiones Liguria

Santiago family office of the Cúneo family (Falabella shareholders), led by Paola Cúneo Queirolo; holds Falabella, IAM and Simonetti stakes plus a mostly foreign financial portfolio.

USEFUL FOR Co-investors

Family & background

FAMILY
Cúneo
WEALTH ORIGIN
Falabella (retail) shareholding
HEADQUARTERS
Santiago, Chile
FOUNDED
1994

Investment approach

SECTORS
Consumer & E-commerceReal Estate & PropTech
GEOGRAPHY
ChileGlobal
ROUTES
Companies (own capital)
STRATEGIES
Public equitiesDirect investmentsReal estate
LATEST DEAL
Falabella (Purchase of 7.2 million listed shares (about US$53M) via Inversiones y Rentas Liguria SpA) · Jan 2026

Overview

Liguria is the family office of the Cúneo family, linked to former Falabella chairman and general manager Juan Cúneo Solari and led by his eldest daughter Paola Cúneo Queirolo. In 2019 La Tercera reported that most of its assets were long-term stakes in Falabella, Inversiones Aguas Metropolitanas (7.47%) and the property firm Simonetti, with 25–35% in financial instruments held mainly abroad; sources quoted put its financial assets at about US$600 million. In January 2026 the family vehicle Inversiones y Rentas Liguria SpA bought 7.2 million Falabella shares for about US$53 million.

Holdings & investments (3)

  • FalabellaNOTABLE
    Consumer & E-commerce · 8.94% (2019, family)
  • Inversiones Aguas Metropolitanas (IAM)
    Industrial & Manufacturing · 7.47% stake (2019)
  • Simonetti
    Real Estate & PropTech

People

  • María José Uauy Cúneo
    Investment analyst · source
  • Paola Cúneo Queirolo
    Head of the family office · source
  • Juan Cúneo Solari
    Founder (family patriarch) · source
  • Ignacio Swett
    Head of the professional team · source
  • René Peragallo
    Head of equities (from 2019) · source

Frequently asked questions

Inversiones Liguria is a single family office based in Santiago, Chile, founded in 1994.

Inversiones Liguria invests on behalf of the Cúneo family (Falabella (retail) shareholding).

Inversiones Liguria invests its own capital into companies. Its stated asset mix includes public equities, direct investments and real estate.

Inversiones Liguria invests in Consumer & E-commerce and Real Estate & PropTech.

Key people at Inversiones Liguria include Paola Cúneo Queirolo (Head of the family office), Juan Cúneo Solari (Founder (family patriarch)), Ignacio Swett (Head of the professional team) and René Peragallo (Head of equities (from 2019)).

Inversiones Liguria's holdings and investments include Falabella, Inversiones Aguas Metropolitanas (IAM) and Simonetti.

The most recent publicly reported investment by Inversiones Liguria is Falabella (Purchase of 7.2 million listed shares (about US$53M) via Inversiones y Rentas Liguria SpA), announced in Jan 2026.