Hencorp Becstone

Name

Hencorp Becstone

Legal name

Henriquez Corporation

Website

https://hencorp.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Investment Banking and Capital Markets

NAICS

Other Financial Vehicles (52599), Portfolio Management and Investment Advice (52394), Management of Companies and Enterprises (55111)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Asset-Backed Securities (6189)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

akta.pro secondary industry

IPO & New Issue Issuer Services (Listing/ISIN setup) (FSACAKAH)

Keywords

• Corporate lending services
• Capital markets advisory
• Securitization fund management
• Wealth management services
• Investment fund management

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Loan Interest Income: Short-term revolving credit facilities generating interest income. HCG manages a loan portfolio of approximately US$1 billion with borrowers in twelve countries.
2. Securitization and Fund Management Fees: Manages 31 Securitization Funds (SPVs) that have issued securities for more than US$1,500 million, with US$415 million in 3 investment funds under management.
3. Brokerage and Custody Services: Hencorp Casa de Corredores de Bolsa provides custody services for assets with market value exceeding US$300 million, for up to 200 clients.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Hencorp Becstone is a privately held financial services firm operating through its Hencorp Capital Group (HCG) division, providing non-bank lending (short-term revolving credit facilities) to leading Latin American corporations and operating a vertically integrated Capital Markets Division (HCMD) that delivers debt origination, structuring, financing, securitization, brokerage, custody, and investment fund management services across Latin America and the Caribbean.

Product overview

Hencorp Becstone operates as a financial services conglomerate offering a comprehensive suite of products through its Hencorp Capital Group (HCG) division. The portfolio includes core financial services such as Financial Solutions, Investment Strategy, Asset Management, Wealth Management, Investment Solutions, Financial Services, Financial Planning, Financial Advisory, and Retirement Planning. The company operates a significant Capital Markets division (HCMD) that includes Hencorp Valores (securitization), Hencorp Casa de Corredores de Bolsa (brokerage), and Hencorp Gestora (fund management) managing three investment funds. Additionally, Hencorp operates a Non-Bank Lending unit providing credit solutions including working capital loans, bridge-loans, and import/export financing. The ecosystem extends regionally through securitization entities in Colombia (Titularice) and the Dominican Republic (TICA).

Differentiator

Problem solved

Functional benefit

Brands

• Hencorp Capital Markets Division (HCMD): Capital markets division serving clients in partnership with non-bank lending operation, providing services from origination and structuring to financing and asset management for corporate, institutional and government clients in Latin America and Caribbean.
• Hencorp Valores
• Hencorp Casa de Corredores de Bolsa
• Hencorp Gestora
• Hencorp Opportunity Fund
• Hencorp Fixed Income Fund
• Hencorp Growth Fund

Products and services

• Non-Bank Lending Products

Quantifiable outcome

• Hencorp Opportunity Fund: 5.25% average historical annual return
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• TitularicecoreStrategic or Co-development PartnerRecently founded securitization company operating in Colombia. Co-founder and strategic partner of Hencorp's Capital Markets Division, consolidating regional operations and seeking cross-border opportunities and synergies in Latin America.
• TICAcoreStrategic or Co-development PartnerRecently founded securitization company operating in the Dominican Republic. Co-founder and strategic partner of Hencorp's Capital Markets Division, actively seeking cross-border opportunities and synergies.
• Issuers (Corporations, Banks, Government Institutions)coreOthersThe origination team works directly with issuers including corporations, banks, and government-related institutions seeking funding. HCMD advises clients on debt financing strategies, from simple bond issuance to sophisticated structured finance products.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• LarrainVial: Chilean family-owned, vertically integrated investment bank with asset management, brokerage, and corporate advisory. Highly comparable as another multi-generational LATAM financial group operating an integrated capital markets platform.
• BTG Pactual: Largest LATAM-focused investment bank with vertically integrated investment banking, asset management, and brokerage operations across the region. Directly comparable to Hencorp's HCMD model, though at materially greater scale and with institutional capital.
• GBM (Grupo Bursátil Mexicano): Mexican integrated brokerage and asset manager offering equities, fixed income, mutual funds, and wealth management. Comparable structure to Hencorp Valores / Casa de Corredores / Gestora combination in El Salvador.
• Bladex (Banco Latinoamericano de Comercio Exterior): Pan-LATAM corporate bank focused on trade finance and cross-border lending to LATAM corporations, similar to Hencorp Capital Group's US$1B non-bank loan portfolio across twelve countries. Closely comparable business model and target customer base.
• Italburs: Peruvian brokerage and investment management firm offering securities intermediation, asset management, and corporate advisory. Comparable integrated broker-dealer model serving LATAM corporate and retail clients.
• Acciones y Valores: Colombian brokerage and asset manager offering equities, fixed income, and investment funds. Relevant peer given Hencorp's Titularice expansion into Colombia and shared securitization and fund management focus.
• CIBanco: Mexican multiple-purpose bank with investment banking, brokerage, and asset management businesses. Comparable vertically integrated LATAM financial services franchise serving corporate and institutional clients.

Regional players

• Bancoagrícola: Largest bank in El Salvador with deep retail and corporate banking presence. Direct domestic competitor in the Salvadoran market where Hencorp holds 85% capital markets share; comparable in customer base though business model is commercial banking rather than capital markets.
• Banco de América Central (BAC): Central American banking group with operations across Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama. Comparable geographic footprint to Hencorp's 12-country LATAM reach, though focused on commercial banking rather than capital markets.

Broad incumbents

• CAF (Banco de Desarrollo de América Latina): Pan-LATAM development bank financing infrastructure and corporate projects across the region. Comparable in cross-border LATAM corporate financing footprint, though operating as a multilateral rather than private family-owned institution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hencorp Becstone