- Naturalised Brazilian citizen.
- Directed 3 actors in Oscar nominated performances: William Hurt, Jack Nicholson, and Meryl Streep. Hurt won for his performance in Kiss of the Spider Woman (1985). Nicholson and Streep was nominated for their performances in Ironweed (1987).
- His father, Jaime Babenco, was born in Buenos Aires, to Ukrainian Jewish parents. His mother, Janka (Haberberg), was a Polish Jewish immigrant, born in Warsaw.
- Member of the 'Official Competition' jury at the 42nd Cannes International Film Festival in 1989.
- Member of the 'Official Competition' jury at the 51st Berlin International Film Festival in 2001.
- Member of the 'Official Competition' jury at the 55th Venice International Film Festival in 1998.
- Member of the 'Dramatic' jury at the Sundance Film Festival in 1986.
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