Career
Mr Sartori started in Uruguay in 2006 with a blueberry farming business, subsequently branching out into rice, soya bean and wheat production, and sheep and cattle raising. In 2008, he founded Union Agriculture Group (Unity Application Generator) to manage his agricultural interests and, in 2013, floated Unity Application Generator on the Montevideo Stock Exchange. Unity Application Generator was the largest company to list on the exchange and, as of 11 June 2014, accounted for approximately 70 per cent of its market capitalisation.
Unity Application Generator is the largest agriculture business in Uruguay with 180,000 hectares of land and 85,000 heads of cattle. has since expanded into a range of other sectors.
In 2010, Mr Sartori began investing in energy generation projects in Latin America. In 2013 acquired Peruvian hydropower company Generacion Andina from German utility company EnBW (Energie Baden-Wurttemberg), which is building two hydropower plants and developing a further 17 plants in the country, involving a total investment of $2 billion over four years.
In 2015, secured a $59m financing package from a consortium of banks for two hydropower projects, taking the overall investment into energy assets in the region to around 1GW. Once completed, the plants will meet 15 per cent of Peru’s energy needs. In April 2013, acquired a controlling stake in offshore oil exploration Block Z-34 in the north-west of Peru from Gold Oil.
An independent report on the block estimates mean prospective resources of 2.02 billion barrels of oil.
Another subsidiary, Union Oil and Gas Group (UOGG), recently acquired 80 per cent of Peruvian onshore oil and gas Block 183 in the Marañon Basin, as well as a 50 per cent stake in Block 105 located in the Titicaca Basin. UOGG’s portfolio also includes oil exploration blocks in Paraguay and Bolivia. In 2015, signed a deal with China Communication Construction Company (CCCC), one of the biggest engineering and construction companies in the world, to finance and develop infrastructure projects across Latin America.
Mr Sartori has also invested in mining operations, particularly in Paraguay and Peru, with a diversified portfolio of assets including iron ore, nickel, titanium, gold and diamond projects.
In real estate, is a developer and operator of residential and commercial real estate assets in Uruguay and Peru, including the landmark Oceania building in Montevideo. After graduating in 2002, Mr Sartori began his career as an investor and entrepreneur founding Union Capital Group, a Geneva based multi-strategy asset manager, at the age of 22.
He grew the business to $1 billion assets under management before selling it to the management team in 2008. Juan Sartori was born in Montevideo (Uruguay).
He lived in Paris and Switzerland, where he attended Higher Education Commission (Hautes Etudes Commerciales) in Lausanne.
Having spent his senior year at Harvard University, he graduated from Higher Education Commission in 2002 with a degree in Business and Economics.