Investment Staff

Nexos has assembled a core senior management team with complementary backgrounds and experience (click on name for bio):

· Justo Frías
· Mark Colbo
· Joseph J. Vadapalas
· Ana Arriaga
· Allie Corless
· Walid Morad
· Andrew A. Nat, Jr.
· Valentin Miranda Quan
· Yi Tsai
· Joyce Mayo
· Eduardo Bohórquez 

Justo Frías Founder, Principal and Member

Justo-FMr. Frías was until recently President and CEO of Gigante USA, a wholly owned subsidiary of the Mexican retailer Grupo Gigante S.A. de C.V. He initiated and led the expansion of Gigante retail grocery operations in the Los Angeles area. Until 1998, Mr. Frías was Vice President of Grupo Gigante S.A. de C.V. where he was responsible for managing all aspects of Gigante’s 220 retail store operations, including corporate functions such as real estate and human resources.

Prior to Gigante, Mr. Frías started his own retail chain in Washington and Oregon, which he subsequently sold. He began his career at Safeway, where he rose to the level of Country President of Saudi Arabia and Jordan. His responsibilities included initiating operations in those countries and developing relationships with local owners and suppliers.

He attended the University of Maryland, where he concentrated in Aerospace Engineering. Mr Frias will be based in Nexos’ Los Angeles office.

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Mark ColboPrincipal and Member

Mark-CMr. Colbo has developed a career in the supermarket and retail industries during the past 20 years. Until recently, Mr. Colbo was the regional Director in California for Dollar General, a discount retailer with over $13 billion in annual sales. During his tenure, Mr. Colbo led an aggressive expansion strategy and increased the store count from 10 to 65 stores in California.

Prior to Dollar General, Mr. Colbo was the regional Director for Supervalu’s ($34.5 billion in annual sales) Save-A-Lot Food Stores in California, Washington, Oregon, and Texas. At this role, he led the successful turnaround of this underperforming division and launched Hispanic concept stores in Houston for the company.

Mr. Colbo holds a Bachelor of Arts degree in Business Administration and Accounting from The University of Puget Sound and a Certificate in Food Marketing Management from the University of Southern California. Mr. Colbo is also a Certified Public Accountant.

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Joseph J. VadapalasFounder, Principal and Member

Joseph-VMr. Vadapalas was responsible for structuring, analyzing, financing, closing and monitoring financial performance of the Nexos’ investments. In this role, Mr. Vadapalas also sits on the Boards of Nexos’ portfolio companies. He is also currently a Senior Advisor with C-Quest Capital LLC, a Washington, DC based global energy efficiency and programmatic carbon credit developer. Mr. Vadapalas was previously Chief Investment Officer of WestSphere Capital LLC, a middle- market private equity firm focusing on investment in U.S. and Latin American middle market companies. Mr. Vadapalas also developed WestSphere’s investment management team that successfully carried out WestSphere’s U.S. middle market consolidation strategy. Mr. Vadapalas sat on the board of directors of all WestSphere’s U.S. portfolio companies, including Medical Laboratory Network, Southern California Food Services Corp and Automated Detection Systems Inc.

Mr. Vadapalas previously worked at The Chase Manhattan Bank on a variety of North American, Caribbean and Latin American transactions, from acquisitions and energy project financings to Latin American debt restructurings and offshore bank formation for Chase’s pharmaceutical clients. He was a Director in Chase Manhattan Capital Markets and a Vice President of The Chase Manhattan, N.A. Immediately prior to Chase, Mr. Vadapalas briefly served as an Energy Analyst in the Science & Technology Division of the Executive Office of the President where he focused on the shale fuel industry.

Mr. Vadapalas began his career as a Development Engineer in AtlanticRichfield’s (ARCO and currently BP p.l.c.) Research & Development division where he worked with refinery/petrochemical plant managers and engineering & construction companies in the start-up of new technologies and the optimization of existing operating facilites in Texas and California.

Mr. Vadapalas holds a Bachelor of Science in Chemical Engineering and a Bachelor of Arts in Chemistry from the University of Pennsylvania. He also holds a Master in Public and Private Management from Yale University.

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Ana ArriagaManaging Director at Nexos Capital, LLC and Principal of ATLx Americas

Ana Arriaga is a Managing Director at Nexos Capital Partners LLC, a private equity fund manager with offices in New York City and Los Angeles and with investments in the media, energy, real estate, and retail/food sectors. She is primarily responsible for sourcing, analyzing, closing and monitoring investments in the media and energy sectors. Ms. Arriaga is also responsible for the activities of the group in Latin America.

Prior to Nexos, served as Director of the Fund of Funds Investments Division of the Consensus Business Group, a family office based in London. At Consensus she was responsible for sourcing, analyzing, closing and monitoring fund investments with special emphasis on technology funds in the renewable and efficient energy, biotech, security, digital media and real estate. The fund investments were based in countries as diverse as Israel, US/Canada, India, South Africa, the UK and various European countries. During her years at Consensus, the company’s portfolio of fund investments grew from 23 million pounds to over 300 million pounds. She established the fund investment procedures and built a team that completed close to 40 investments. The team also worked on the establishment of first time funds in Israel, UAE, South Africa and France. She sat on the investor advisory committees of several funds.

Prior to Consensus, Ms Arriaga was a Senior Advisor of the WestSphere Group in New York. With two fully invested funds in Latin America, she successfully sought exit strategies for investments in the countries hit by the economic crisis in the region during the 2000-2004 period.

From 1994 to 1999, with a group of US investors, she co-founded the First Argentine Mortgage Corporation, a mortgage conduit which issued the first mortgage backed securities under the new fiduciary laws of the Menem Administration. In her capacity as COO, she developed a proprietary system of origination that was adopted by three local banks with a total of over 600 branches. The company had achieved funding commitments from the IFC, UBS and hedge funds for over 500 million dollars prior to the 1997 market crisis, which had an immediate impact on funding commitments in the region.

Prior to this position, she was a real estate investment banker at Sonnenblick-Goldman Corp. in NYC were she was one of a three professionals team responsible for advising Latin American economic groups developing multi-million dollar real estate projects. Other clients included government entities in Argentina such as the Fondo Nacional de la Vivienda (FONAVI) and various provincial banks including La Pampa, Entre Rios, Cordoba and Mendoza seeking financing for their mortgage portfolios and housing projects. These assignments led to the formation of the mortgage conduit.

Ms. Arriaga has maintained a consulting activity throughout her career. Recently was an advisor to a family office based in Abu Dhabi and a consultant to a Washington based firm focused on carbon offsets. She also remained a Consultant to Consensus on select fund investments.

A native of Argentina, she has lived mainly in the United States since the 1980s. She attended the Business Administration program at University of Miami, and graduated from Sarah Lawrence College with a Bachelor of Arts in Economics and Political Science.

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Allie CorlessPrincipal, Nexos Resource Partners, LLC

Allie-CAllie Corless is primarily responsible for sourcing investment opportunities in the Northeast and Atlantic regions from Nexos’ New York office. She will also be primarily responsible for identifying and developing sources of institutional capital.

Ms. Corless developed an institutional-scale energy efficiency project finance strategy in her previous role with Sustainable Development Capital (SDCL). Her focus at SDCL was on both energy efficiency investments and capital raising for sustainable investment funds. She has developed and maintains relationships with a diverse range of US institutional investors.

Prior to joining SDCL, Ms. Corless was Vice President of Marketing & Channel Partnerships for Rentricity, a New York-based start-up company that generates renewable electricity from the excess pressure in municipal water pipes.

Previously, Ms. Corless worked for Tetra Tech and CDM to provide environmental engineering consulting services to a wide variety of clients in the commercial, industrial, and government sectors.

Ms. Corless holds a Bachelor of Science degree in Civil Engineering, with an Environmental Geology minor, from Northeastern University. She also holds a Master of Business Administration from the Harvard Business School.

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Walid MoradConsultant, Nexos Resource Partners, LLC
Walid-MWalid Morad is a marketing consultant to Nexos with over fifteen years of real estate experience in sales, marketing, valuation, real estate development and assemblage as well as extensive contract negotiation involving commercial and residential real estate with a parallel focus on the acquisitions and dispositions of performing, non-performing, and sub-performing mortgage notes.

Mr. Morad was a Managing Director at George A. Bowman, Inc. where he was responsible for the Investment Sales division at the firm. Prior to his time at Bowman, Mr. Morad was a Principal at Omega Capital, a conduit for real estate purchase, debt restructuring and development. While at Omega, he spearheaded the private placement division; originated and marketed private placement financing; restructured, structured, negotiated, and executed jumbo residential and commercial loans.

During his time at Omega, Mr. Morad was a Partner and Managing Director at Prime Property Development, LLC, a real estate fund specializing in multi-family to single-family townhouse conversion in Manhattan. He was responsible for sourcing, monitoring, financing, closing investments, overseeing the due diligence, and underwriting process on potential new investments. Mr. Morad was also on the board at Mango Tree Financial Group, where he was responsible for business development and the management of complex financial relationships with high net worth clients.

Mr. Morad is a licensed real estate professional, effecting transactions through his relationship with Coldwell Banker. He graduated from Mercy College with a degree in Business Administration and holds a Master in Business Administration from New York University’s Leonard N. Stern School of Business with concentrations in Strategy, Management and Global Business.

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Andrew A. Nat, Jr.Principal, Nexos Resource Partners, LLC

Andrew-NAndrew Nat is primarily responsible for sourcing, structuring and negotiating investment opportunities; sourcing capital on a global basis; and strategic planning. Mr. Nat has participated in over $5 billion in transactions, with over $4.5 billion in the energy vertical. He has expertise in power, alternative energy as well as traditional energy sources.

At the Texas Life Science Center, Mr. Nat advised the $200 million Texas Emerging Technology Fund on its early stage investments, which invested $63 million in early stage companies. He was also Executive Director of the Commercialization Review Committee for the Cancer Prevention and Research Institute of Texas, a $3 billion state initiative.

As a VP of Business Development at BP Global Power Corporation, Mr. Nat originated, evaluated, structured, and negotiated independent energy investments, including a $400 million integrated power and gas project in the United Kingdom.

At Edison Mission Energy (a subsidiary of SCE Corp.), Mr. Nat managed the financial structuring and identified diverse funding sources for power generation projects, including a $1.8 billion Mexican project.

As Vice President of FPL Investments, an investment subsidiary of NextEraEnergy Resources, Mr. Nat increased assets under management from $70 million to over $500 million.

Also at NextEra, Mr. Nat managed a $950 million portfolio of alternative energy and non-energy investments, executed over $750 million in capital market transactions for a funding subsidiary, and executed over $450 million of public debt and equity financing for the public utility subsidiary.

Mr. Nat holds a Bachelor of Arts degree from Columbia University and a Master of Business Administration from Yale University.

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Valentin Miranda QuanAnalyst

Valentin-QMr. Quan is responsible for screening potential investment opportunities, conducting due diligence, industry research, monitoring portfolio company investments, assisting in structuring and executing financings.

Mr. Quan holds a Bachelor of Arts degree in Economics and Political Science from Middlebury College.

 

 

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Yi TsaiConsultant

Yi-TMr. Tsai is currently the Chief Financial Officer of Peerless Systems Corp and serves as a consultant to Nexos. Previously, Mr. Tsai was an Executive Director of Nexos and is primarily responsible for analyzing, structuring, financing, closing and monitoring portfolio investments.

Prior to Nexos, he was an Executive Director of CIBC Capital Partners, responsible for overseeing sponsored private equity funds targeting Brazil, Eastern Europe and Australia. Prior to joining CIBC, Mr. Tsai was an executive of BRM Capital (a venture firm with $300M under management) and WestSphere Capital, where he worked closely with Nexos’ Principals.

Before WestSphere, Mr. Tsai held positions of increasing responsibility with various multinational organizations including a Big Four accounting firm.

Mr. Tsai is a CPA and holds a Bachelor of Science in Accounting from National Chung-Hsing University and a Master of Business Administration in Finance from Case Western Reserve University’s Weatherhead School of Management.

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Joyce MayoOffice Manager

Joyce-MMs. Mayo severs as office manager and is responsible for all of Nexos’ administrative matters. She has had significant management and support experience working for both large businesses and private family offices. Prior to administrative services, Ms. Mayo danced for the New York City Ballet.

Ms. Mayo holds a Bachelor of Arts from Hunter College.

 

 

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Eduardo BohórquezAdvisor and Founder

Eduardo-BMr. Bohórquez was previously CEO of WestSphere Capital LLC, private equity firm focusing on investment in U.S. and Latin American middle market companies.

In this position Mr. Bohórquez sourced, closed and monitored investments for WestSphere’s various funds. WestSphere completed a $50 million U.S. investment program. He sat on the board of directors of many of the U.S. funds’ portfolio companies, including Southern California Food Services Inc., Automated Detection Systems Inc, and Eki Discount in Argentina.

Prior to WestSphere, Mr. Bohórquez was a Managing Director of Chase Investment Bank and a Vice President and head of the Corporate Finance Group of Chase Manhattan Capital Markets of Puerto Rico. He created an international product development group at Chase for multinational clients and worked with the bank’s mergers and acquisitions area on transactions in both the U.S. and Latin America.

Mr. Bohórquez holds a Bachelor of Science degree from the University of Wisconsin, a Master of Science from the University of Minnesota and a Ph.D. in Finance and International Business from the University of Wisconsin.

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