Before the founding of Linzor, most of the partners worked together at J.P. Morgan, in some cases, since the late 1980s. Two of the founding partners, Tim Purcell and Alfredo Irigoin, were responsible since 1996 for the proprietary direct investments made by J.P. Morgan Capital Corporation in Latin America, and in 2000, they founded J.P. Morgan Partners Latin America, one of the leading private equity funds in the region. Through this experience, the partners developed a strong foundation in disciplined investing and a valuable network of professional relationships throughout the region.
Between 2006 and 2007, Tim Purcell, Alfredo Irigoin and Carlos Ingham left J.P. Morgan and co-founded Linzor, with locations in Chile and Argentina. In 2007, Linzor closed on its first fund with $181.5 million of capital commitments and made its first investment (Hoyts, a regional cinema operator). In 2010, Linzor added offices in Mexico and Colombia, and a year later, completed the final closing of its second fund with $465.4 million of capital commitments. In 2015, Linzor raised its third fund, which garnered $621.2 million in capital commitments.