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Chairman, Southern Cross Group, Argentina
Norberto Morita, 61, is chairman and founding partner of the Southern Cross Group (SCG), one of the leading private equity groups focused on Latin America.
Mr. Morita founded SCG in 1998, when he and his partners launched the first Southern Cross Latin America Private Equity Fund (SCLAPEF I). Since then, CG has raised more than $1 billion through three funds and acquired and managed companies in fields as diverse as retail, distribution and logistics, branded consumer products, pharmaceuticals, telecommunications, security services, oil, gas, and power generation. Through its portfolio companies, SCG is present in almost every country in Latin America.
Previously, Mr. Morita was chief executive officer of the Bemberg Group (1984–97), one of the largest industrial groups in Latin America, active primarily in the food and beverage sector. The group’s flagship is Quinsa, the undisputed market leader in the beer business in the Southern Cone of Latin America.
Incorporated in Luxembourg, Quinsa has been listed on the Luxembourg Stock Exchange since 1991 and on the New York Stock Exchange since March 1996.
Before becoming chief executive officer of the Bemberg Group, Mr. Morita held a series of positions in the United States, United Kingdom and France with Corning Glass Works, culminating with his appointment as managing director of Corning France, Corning’s largest subsidiary outside the United States.
Mr. Morita serves on the boards of the International Council of INSEAD and the European Business School based in Fontainebleau, France, and is a member of the Argentine Business Association.
He also assists the advisory councils of several nonprofit organizations, such as Patagonia Land Trust, an organization devoted to the preservation of the Patagonia ecosystem, and CIPPEC, a foundation focused on increasing efficiency and transparency in public administration in Argentina.
Mr. Morita holds a chemical engineering degree from the University of Buenos Aires (1971) and an MBA from Columbia Business School (1975).
An avid fly fisherman, skier and golfer, Mr. Morita is married and has three daughters. The family lives in Buenos Aires.