Advisory Board

 
The Velocis Advisory Board provides advice and counsel when requested by the General Partner. Members of the Advisory Board are as follows:
 

JoseĢ E. Esteve
(Mexico City, Mexico)

José Esteve serves as President of the Board of ECOM Agroindustrial Corp. Ltd., a highly respected worldwide leader in the soft commodities industry. José is also the CEO of Comercial del Bosque, S.A. de C.V., a company focused on real estate investments in Mexico, primarily in industrial parks and residential developments.

From 1993 to 2005, Mr. Esteve collaborated with HSBC Mexico (previously Grupo Financiero Bital). As Head of Distribution, Mr. Esteve was responsible for the bank’s retail network of 1,400 branches and the distribution of Personal Financial Services. Mr. Esteve had previously been in charge of Property and headed the bank’s aggressive branch office expansion project, opening 1,300 new branches in a three-year period.

Mr. Esteve also serves as a director of the boards of Bankaool, a small Mexican Bank, Mabe, a leading international manufacturer of home appliances, and Centro Comunitario Santa Fe, a not-for-profit organization dedicated to grass roots community development in Mexico City. Mr. Esteve is a member of the Consejo Empresarial de América Latina (CEAL), a network formed by businessmen and women from Latin America to foster the engagement of its members in the cooperation and exchange among Latin American countries.

Mr. Esteve graduated from Mexico’s IPADE’s Advanced Management Program, received a MBA from Southern Methodist University in Dallas, Texas and a Bachelor of Architecture from the University of Notre Dame.

Mr. Esteve was born in Mexico City where he currently resides with his wife and four children.


Verna Kuo
(Hillsborough, California)

Verna Kuo was with The William and Flora Hewlett Foundation as the Director of Real Assets from 2006 to 2014. At Hewlett, Ms. Kuo was responsible for investing and managing the Foundation’s $1.5 billion global real estate and natural resources portfolio, including REITs, private funds and co-investments. Ms. Kuo served on 26 Advisory Boards while at the Foundation.

Prior to Hewlett, Ms. Kuo was the Director of Real Estate and Natural Resources at Stanford Management Company from 1999 to 2005. At Stanford, Ms. Kuo co-managed and built the endowment’s $3 billion global real estate and natural resources portfolios. Ms. Kuo served on the internal Portfolio Management Committee overseeing all Endowment assets. Ms. Kuo also served on 15 Advisory Boards and acted as the 2002 PREA Conference Co-Chair.

Before Stanford Management Company, Ms. Kuo held positions at Hines, National Democratic Institute for International Affairs and the Corporation for National Service.

Ms. Kuo currently serves as a Senior Advisor to Citrine Energy Capital and is an Executive Committee member of the Nueva School Parent Association and a Board member of the National Teacher Salary Project. Ms. Kuo is also a former member of the Stanford Alumni Association Board.

Ms. Kuo earned her BA degree from Stanford University where she was selected as one of three graduating seniors for the John Gardner Fellowship. Ms. Kuo received her MBA from the Stanford Graduate School of Business.

Ms. Kuo is an expert in fund administration, compliance and governance and has an extensive background in the fund industry. Ms. Kuo’s market knowledge and keen sense of implementing specific strategies within various cycles is invaluable. Ms. Kuo is highly-regarded amongst her peers, and her relationships throughout the fund industry are impressive.


William H. Vanderstraaten
(Dallas, Texas)

Bill Vanderstraaten founded Chief Partners, LP in the summer of 2007 in partnership with Trevor Rees-Jones. Chief Partners is a commercial real estate investment company that searches for “best of class” operating partners and teams with their partners to invest in value-add or development opportunities in retail, industrial, multi-family, medical office and office investments. Chief Partners’ target equity investment size is $2.0 to $8.0 million on a per deal basis. Chief Partners has invested over $350 million of equity over the last several years and currently has an enterprise value of over $1.5 billion.

Prior to founding Chief Partners, Mr. Vanderstraaten was one of the original partners of Thackeray Partners, a real estate private equity firm founded in 2005. Thackeray has placed over $500 million of equity across three funds and is currently investing its third fund. Thackeray is a fully discretionary fund and invests both directly and through operator relationships.

Prior to Thackeray, Mr. Vanderstraaten opened the Dallas Market office for CarrAmerica in 1997. CarrAmerica was a $2.0 billion dollar national office REIT which was subsequently purchased in 2005 by Blackstone. Carr completed over 12 build to suit office development projects totaling over 2 million feet for various national and international clients. In addition, during Mr. Vanderstraaten’s tenure, CarrAmerica completed over $300 million in office building acquisitions in the Dallas area.

Mr. Vanderstraaten graduated in 1982 with a BBA from Southern Methodist University. Mr. Vanderstraaten is involved with the Dallas Chapter of NAIOP (previous Dallas Chapter President) and is a board member of The Real Estate Council. Mr. Vanderstraaten recently completed his term on the SMU Board of Trustees and was recently the Chair of the SMU Alumni Association. Mr. Vanderstraaten is active in Goodwill Industries of Dallas, UT Southwestern Medical Center and the UT McCombs Parents Council.