Julio A. Cabral-Corrada

Julio A. Cabral Corrada is a Puerto Rican investment banker, social advocate and policy analyst. He focuses on Latin America and Puerto Rico's fiscal, economic, and political affairs.[1][2]

Julio Alberto Cabral Corrada
Born
San Juan, Puerto Rico
Alma materCornell University School of Industrial and Labor Relations and University of Pennsylvania's Wharton School
OccupationFinancial Analyst

Early Life and Education

Cabral-Corrada was born and raised in San Juan, Puerto Rico. He graduated with honors in 2009 from Colegio San Ignacio de Loyola High School. Cabral-Corrada graduated in 2013 with Dean's List recognition from the Cornell University School of Industrial and Labor Relations (ILR), concentrating in business and government studies.[2] He was also a member of the Alpha Kappa Psi business society and the Sigma Alpha Epsilon social fraternity.[3]

In 2012, he spent a semester studying economics and politics as a Hansard Scholar at the London School of Economics, where he completed his academic thesis on the European sovereign fiscal situation.[2][4]

In 2020 Cabral-Corrada obtained an MBA as a Howard E. Mitchell Fellow in the Wharton School of the University of Pennsylvania in Philadelphia[5].[6]

While there, he organized along with Mauro Guillén the first ever Ivy League conference to take place in Puerto Rico.[7] The conclave brought together global leaders like Ambassador Joseph Westphal, Dean Geoffrey Garrett, Deputy Secretary Elizabeth Sherwood-Randall and the principal leaders of Puerto Rico. The central topics of discussion were best practice policy solutions to help with the reconstruction after Hurricane Maria and the fiscal crisis.

Also, he was a weekly contributor in the Sirius XM Wharton Channel discussing socioeconomic and policy events in the U.S. and Latin America along with prominent figures like Chef José Andrés, Congressman José Serrano and Leopoldo Martinez Nucete.[8]

Career

Cabral-Corrada worked as an Investment Vice President at Stone Lion Capital, a multi-billion dollar investment fund.[9] He performed financial analysis on credit and equity investments across Latin America and emerging markets. Cabral-Corrada has also served as an intermediary between the Puerto Rico government and investors in the high-profile $70 billion debt restructuring.[10][2] Prior to that, he served as an Institutional Analyst in Morgan Stanley's Institutional Equity Trading Group.[11][2][12]

In 2018, Harvard Business School wrote a case study[13] on Puerto Rico. Mr. Cabral was one of the few individuals quoted in the case study, along with then House Natural Resources Committee Chairman Rob Bishop, former IMF First Deputy Managing Director Anne Krueger and U.S. District Judge Laura Taylor Swain.

During the ongoing debt crisis, Cabral-Corrada has appeared in panel discussions to discuss the islands' fiscal and economic situation, calling for a good-faith renegotiation of the debt, economic development, public–private partnerships, improvement in collection of existing taxes,[1][14] and fiscal reforms. At the federal level, he has advocated for parity in Medicaid & Medicare federal funding, access to Chapter 9 bankruptcy protection currently available to U.S. states, and exemption from the maritime cabotage legislation known as the Jones Act.[15]

Cabral-Corrada has attended conferences on the islands and emerging Latin American markets,[16] including forums organized by the Puerto Rico Chamber of Commerce,[17] the University of Puerto Rico at Río Piedras College of Business Administration,[18] and WUNO Broadcasting Group.[19]

Philanthropy and Activism

Community and Social Involvement

In the aftermath of Hurricane Irma and María, Cabral-Corrada co-founded Puerto Rico Rising.[20][21] The non-profit effort raised over 5 million pounds of food and supplies among 20 U.S. mainland cities and distributed it, in coordination with other organizations, to feed and supply over 200,000 affected residents of Puerto Rico.[20][21]

Cabral-Corrada sits on the board of directors of the YoNoMeQuito Social Foundation.[2] As reported by NBC News in May 2016, "the goal of the movement is to spread positive energy and motivate 'borícuas', as Puerto Ricans are known, to keep moving forward despite the islands' recent challenges".[22][23]

Cabral-Corrada is the youngest member of the annual stewardship board of the Museo de Arte de Ponce in Ponce, Puerto Rico.[24][25]

Political Involvement

Cabral-Corrada has been an advocate of statehood for Puerto Rico.[26][27] In 2013, after serving as executive director of the Puerto Rico Statehood Students Association, Cabral-Corrada was appointed to the organization's board of advisors.[28]

In 2012, he served as the co-director of former Governor Luis Fortuño's absentee ballot campaign.[29]

Personal Life

Cabral-Corrada is the eldest son of Julio Cabral and Mercedes Corrada, who are in business and philanthropy.[30][31] He has one younger brother and two younger sisters.

He is a grand-nephew of the late Baltasar Corrada del Rio, who was Mayor of San Juan, Resident Commissioner, Secretary of State, Lieutenant Governor of Puerto Rico and Associate Justice of the Supreme Court of Puerto Rico.[29]

gollark: Er... oops, dropped an o.
gollark: Just send Haskell programs to <@509849474647064576>.
gollark: See how useful THIS is?
gollark: ++search bing
gollark: Your implementation be bad.

References
  1. "Local Experts Propose Strategies to Boost Puerto Rico's Economy". 19 February 2016.
  2. "Analista evalúa inversión de $300 millones del gobierno". 11 January 2017.
  3. "Cornell AKPsi". Cornell AKPsi.
  4. Scholars, Hansard Society. "Hansard Society Scholars - About". www.hansardscholars.uk.
  5. Antonio Otero, Carlos. "Una mirada a la mayor quiebra municipal". El Vocero de Puerto Rico (in Spanish).
  6. Schmitt, Jeff (September 19, 2018). "Poets&Quants | Meet Wharton's MBA Class Of 2020". Poets&Quants.
  7. "Wharton School celebrará conferencia en Puerto Rico sobre la reconstrucción de la isla". El Nuevo Dia. March 28, 2019.
  8. "Responding to Natural Disasters: Is There a Better Way?". Knowledge@Wharton.
  9. "Gregory Augustine Hanley: Executive Profile & Biography - Bloomberg". www.bloomberg.com.
  10. "Bonistas dispuestos a negociar". 9 April 2016.
  11. "BrokerCheck - Find a broker, investment or financial advisor". brokercheck.finra.org.
  12. "Bio" (PDF). camarapr.org.
  13. Alfaro, Laura; Sawyer, Laura Phillips; Sheldahl-Thomason, Haviland (November 12, 2018). "Rebuilding Puerto Rico" – via www.hbs.edu. Cite journal requires |journal= (help)
  14. "Edición 18 de Febrero 2016".
  15. ""La estrategia en Washington debe cambiar"". Sin Comillas. 2016-01-21. Retrieved 2019-07-18.
  16. "REDD Latin America High Yield & Distressed Winter Summit". www.reddintelligence.com. Retrieved 21 August 2018.
  17. "Economistas apuntan hacia la inversión" (PDF). camarapr.org. El Vocero.
  18. "El futuro de la deuda". 21 January 2016.
  20. VOCERO, Carlos Antonio Otero, EL. "Gestión privada y empresarial que trasciende".
  21. "Salen en misión humanitaria hacia Jayuya, Utuado y Cidra". 14 October 2017.
  22. "#YoNoMeQuito Movement Aims To Inspire, Uplift Puerto Ricans".
  23. "SOMOS isla". www.museoarteponce.org.
  24. "Dicen "PResente"". www.magacin.com.
  25. ""PResente" la gala del Museo de Arte de Ponce". 15 November 2017.
  26. ""Do You Believe in Democracy and Equality?" - Puerto Rico Report". 21 May 2013.
  27. estadistaunidos (29 October 2011). "Estadistas Unidos" – via YouTube.
  28. "Puerto Rico Statehood Students Association - Proyecto Estrella". proyectoestrella.wordpress.com.
  29. "Hijo de Fortuño asesorará estudiantes estadistas". Metro.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.