Finance

Five Industries, One Investor: The Range of Alejandro Betancourt López’s Portfolio

Energy, eyewear, ride-hailing, West African banking, and artificial intelligence rarely share a sentence, let alone a single investor’s portfolio. Alejandro Betancourt López has put money into all five, and the spread is no accident.

That range is the clearest evidence of what O’Hara Administration’s structure actually lets him do. Each holding reflects a cycle thesis applied to a different sector at a different moment.

Oil, Then Sunglasses

O’Hara became the largest shareholder of Pacific Exploration & Production Corporation in May 2015, with 19.95 percent of the shares and a board seat. Pacific explores and produces crude oil and natural gas across Latin American markets, a bet placed at a specific point in the commodity cycle. Taking a board seat gave O’Hara a direct hand in the company rather than a passive stake watched from the sidelines.

Then came consumer brands. O’Hara led a €50 million financing round for Hawkers sunglasses in late 2016, and the brand has since grown into one of the largest in its category, with a presence in more than 20 countries and over 60 physical stores.

Rides and a Bank in Dakar

In mobility, O’Hara held a notable stake in Auro New Transport, the Spanish private-hire company that stockpiled VTC licenses before Uber arrived. Uber and Cabify each placed competitive bids of around €200 million to acquire Auro in November 2022.

In banking, O’Hara holds a reference stake in BDK Financial Group, which opened Banque de Dakar in Senegal in June 2015 with plans to reach Ivory Coast, Guinea Conakry and Mali. Former Santander chief Alfredo Sáenz Abad became the bank’s president in March 2016. The venture was built to bring banking services to customers across several French-speaking African nations, a market larger institutions had largely passed over.

And Then AI

The fifth category is artificial intelligence. A large AI position made roughly five years earlier had returned about 20 times its value by early 2025, the newest entry in a portfolio built on early moves.

Seen together, the holdings share no operational overlap yet follow one consistent logic. Each was built when the relevant market was either underpricing the asset or had not yet recognized the coming shift, which is why the list looks scattered until the pattern underneath comes into view. Each was positioned before consensus and held through the uncertain stretch that precedes validation, the thread tying oil, eyewear, rides, banking and AI together.