Davis Polk partner and Latin America practice head Manuel Garciadiaz discussed deal activity in Latin America and the market outlook for next year with Law.com International.

“There’s guarded optimism as to next year in Latin America,” Manuel noted, adding that he is hopeful that capital markets activity will increase in 2026. He highlighted that the firm has remained busy with M&A, litigation, and project finance work.

When asked about the geopolitical climate between Venezuela and the United States, Manuel said he expects it to have a muted impact on business activity in the region. “What’s going on now between the U.S. and Venezuela, 25 years ago that would have had a tremendous effect on work across the region as a whole because people tended to view Latin America as a block. Now, it barely has any impact because investors look at each jurisdiction on a standalone basis,” he explained.

“Year-Ahead Outlook for Latin America Work is Bright,” Law.com International (December 22, 2025) (subscription required)

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