José Stella

Chairman

José R. Stella is currently Co-CEO and Co-Founder of QMC Telecom International Holdings LLC, a multinational provider of wireless infrastructure. Prior to that, he was the CEO and Co-founder of VIU Media until the sale of the company to Lamar Advertising (NASDAQ:LAMR) in 2006. At the time of the sale, VIU Media was Puerto Rico's largest locally owned outdoor advertising company.

Prior to becoming President of VIU Media, he was the Co-Founder and President of Quest Management Corporation, a private equity group formed to identify, acquire, and operate a company in Puerto Rico.

Previously, Mr. Stella worked at KPMG Peat Marwick in the middle-market M&A Advisory Group. He also worked for UBS in Zurich and Chase Manhattan Bank where he worked in Corporate Finance. José received, along with his business partner, the 2004 Ernst &Young Entrepreneur of the Year Award for Puerto Rico.

Throughout the years he has served on several boards of directors. Mr. Stella graduated high honors with a B.A. in Economics, Finance and Investments, from Babson College and graduated cum laude with an MBA from University of Michigan.

Jason Borschow

Jason Borschow is the founder and CEO of Abarca, a San Juan based pharmacy benefit management (PBM) company that partners with health Insurance plans, government programs, self-funded employer groups and other PBMs to better manage drug costs and improve the healthcare experience for patients, payers and providers. Through Its proprietary end-to-end tech platform, Darwin, the company manages over 100 million prescriptions annually for nearly 4 million patients across the United States.

In 2018, EY named him Entrepreneur of the Year for financial and insurance services segment In the Florida region. In 2019, he was selected as Puerto Rico's first Endeavor Entrepreneur. He remains committed to the success of various non-profit organizations including Endeavor, ConPRmetidos, and Foundation for Puerto Rico and is a member of the Young President's Organization.

Ignacio Álvarez

Ignacio Alvarez has been President and Chief Executive Officer of Popular, Inc. since July 1st, 2017. Prior to his appointment as President and CEO he served as President and Chief Operating Officer.

Previously, he was one of the six founding partners of the law firm Pietrantoni Méndez & Álvarez LLP.

Recognized by Chambers Global as “one of the best lawyers in Puerto Rico,” Álvarez was an integral part of the firm’s success for 18 years. Among his main practice areas are: banking, corporate and commercial law; corporate and public finance law; securities and capital markets.

Álvarez was born in Havana, Cuba in 1958; graduated from Georgetown University, Magna Cum Laude, 1980; Harvard Law School J.D., Cum Laude, 1983; and admitted to the Bar in Florida and Puerto Rico in 1983.

He was an Adjunct Professor and Lecturer, University of Puerto Rico Law School, from 1988 to 1992. He has been a member of the Board of Regents of Georgetown University since October 2008.

Juan Sabater

Juan has over 20 years of private equity investing and investment banking experience. Before joining Valor, Juan was a Managing Director with Goldman, Sachs & Co. in the firm’s Investment Banking Division. As a part of the investment banking team, he held several positions, including membership in the private equity coverage group, the division’s senior management team, and as a coverage and execution banker for clients in Latin America. Following Goldman Sachs, Juan partnered with a law school friend to grow and scale Augeo Affinity Marketing, Inc. Together with his business partner, Juan grew Augeo into a leading private company in the affinity and loyalty industry. Juan currently is Co-Chairman of the Board of Augeo and leads the company’s efforts in identifying and developing new strategic initiatives.

In addition to his Valor responsibilities, Juan serves on the Board of Directors of several charitable organizations in New York City, including The Frick Collection and Lenox Hill Neighborhood House. He also is the President of the Board of The Hewitt School. He sits on the Advisory Board of Columbia University’s School of International and Public Affairs and served on the Board of Visitors of Stanford Law School. He was appointed by President George Bush to the President’s Advisory Council on the Arts for the John F. Kennedy Performing Arts Center. Juan also serves on the Board of Directors of My Brother's Keeper Alliance. Juan is Co-Chair of the Board of the New America Alliance, a non-profit organization dedicated to advancing the economic development of the American Latino community.

Juan holds an A.B. in History from Princeton University. He studied history at the University of Oxford, Mansfield College and holds a J.D. from Stanford Law School. He is formerly an officer in the United States Army Reserve.

Jose Fernandez

Mr. Fernandez is the Co-COO of StepStone Group, a global private markets investment firm focused on providing customized investment solutions and advisory and data services to some of the most sophisticated investors in the world. With more than US$333 billion of private markets allocations, including over US$80 billion of assets under management as of December 31, 2020, StepStone covers the spectrum of opportunities in private markets across the globe.

Mr. Fernandez is a member of the private equity team where he focuses on US-based small market managers and Latin American investments. He is also involved in the Firm’s ESG and diversity initiatives.

Prior to co-founding StepStone, Mr. Fernandez was a managing director of Pacific Corporate Group, a private equity investment firm for institutional investors. Mr. Fernandez previously worked with Latham and Watkins LLP’s private equity/investment fund group.

Mr. Fernandez received his BA from the University of Michigan, Ann Arbor and JD from Stanford Law School.