Zoilo Méndez — Co-Founder & Managing Director

Zoilo started his venture capital investment career in 1992 when he joined the Venture Capital Division of the Economic Development Bank for Puerto Rico ("EDB"). In 1995, after helping modernize EDB's venture capital investment activities and increase its portfolio, he joined Venture Management, Inc., the fund manager of Venture Capital Fund, Inc., Puerto Rico's first private venture capital fund. In 1997, while at Venture Management, Zoilo co-founded Advent-Morro Equity Partners, Inc., a joint venture with Boston based Advent International Corporation, and participated in raising Guayacán Private Equity Fund, L.P., Puerto Rico's largest private equity fund with $41.95 million in committed capital. At Advent-Morro, he held the positions of Vice President, Investment Officer and Chief Financial Officer.

Zoilo has served as a member of the Board of Directors of a number of portfolio companies including Medical Card System, Inc., one of Puerto Rico's largest insurance companies. He also has five years of management consulting experience in the areas of financial and operations management with KPMG's San Juan office. Zoilo has B.S. and M.S. degrees in Industrial and Management Engineering from Rensselaer Polytechnic Institute in New York.

Zoilo is a former member of the Board of Directors of Puerto Rico Venture Forum, a nonprofit organization dedicated to the development of entrepreneurship and venture capital in Puerto Rico.