▁participated ▁in ▁the ▁construction ▁of ▁projects ▁like ▁the ▁Club ▁Play a ▁Az ul ▁and ▁the ▁Lag art ijo ▁Dam . ▁ ▁He ▁founded ▁the ▁Agu as al ▁Enter pr ises ▁Group ▁in ▁ 1 9 7 6 ▁together ▁with ▁his ▁el dest ▁brother ▁Gu ill ermo ▁José ▁Vel ut ini ▁U rb ina ▁and ▁motiv ated ▁the ▁development ▁of ▁the ▁Hotel ▁F i esta ▁Inn ▁Agu as al ▁and ▁Club ▁Agu as al . ▁ ▁During ▁the ▁ 9 0 s , ▁he ▁founded ▁F ondo ▁de ▁Val ores ▁In m ob ili arios ▁along ▁with ▁Luis ▁García ▁Mon to ya , ▁Nelson ▁Ort iz , ▁Luis ▁Carlos ▁Ser ra ▁Car m ona ▁and ▁various ▁local ▁banks . ▁ ▁In ▁the ▁year ▁ 1 9 9 4 , ▁he ▁founded ▁the ▁consult ing ▁company ▁Vel ut ini ▁& ▁A soci ados ▁As es oria ▁Fin anci era ▁along ▁with ▁his ▁cousin ▁H ora cio ▁Vel ut ini ▁S osa . ▁In ▁ 1 9 9 5 ▁Vel ut ini ▁& ▁A soci ados ▁acqu ires ▁control ▁of ▁the ▁company ▁F ondo ▁de ▁Val ores ▁In m ob ili arios , ▁with ▁the ▁appro val ▁of ▁the ▁National ▁Stock ▁Exchange ▁Commission ▁and ▁its ▁registration ▁in ▁the ▁Car ac as ▁Stock ▁Exchange . ▁ ▁In ▁ 1 9 9 6 , ▁he ▁ach ieves ▁the ▁association ▁of ▁the ▁Argent ine an ▁real ▁estate ▁group ▁IR SA ▁and ▁the ▁known ▁invest or ▁George ▁Sor os ▁with ▁the ▁F ondo ▁de ▁Val ores ▁In m ob ili