"If you want to go fast, go alone. If you want to go far, go together."

African Proverb

Drake Grous History
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    Michelle L. Wolfe
    DPTC Board Chairman
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    Michelle is the Chairman of Drake Private Trust Company Limited.

    She is also Managing Director of Meritus Trust Company Limited in Bermuda. Prior to joining Meritus Trust Company Limited, she was Managing Director at Rothschild Trust (Bermuda) Limited, Coutts Bermuda Limited and Butterfield Trust (Bermuda) Limited. Michelle has been selected as one of the International Financial Center Power Women Top 100 List since 2014.

    Michelle, a Chartered Accountant, holds a Master´s degree in Business and in Human Resources. She is past President of the Bermuda Association of Licensed Trustees (“BALT”), a Director on the Barrister and Accountants AML/ATF Board, a member of Bermuda Business Development Association (BBDA Trust Focus Group), the Canadian Institute of Chartered Accountants, the Bermuda Institute of Chartered Accountants and the Society of Trust and Estate Practitioners (“STEP”) Bermuda.

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    Alberto Eguiguren
    DPTC Board Member / DEAG Board Member / ExCom Member
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    Alberto is Director of Drake Enterprises AG and Director of Drake Private Trust Company Limited.

    Between 1986 and 1999 he worked at and became partner of Carey & Co, one the most prestigious law firms in Chile. Since 2001 he has been a partner at Russi & Eguiguren Ltda.

    Alberto is a board member of various companies in the United States, Europe and Latin America, in the consumer service, healthcare and finance & banking sectors. In the past, he served on the board of Laboratorio Chile, Walmart Chile and CFR Pharmaceuticals.  He currently serves on the boards of Manuka, Aviasur and chairs PJ Chile and PJ Iberia.

    Alberto holds a law degree from Pontificia Universidad Catolica de Chile and a Master’s of Law degree (LLM) from Duke University, North Carolina, USA.

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    Derek Stapley
    DPTC Board Member
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    Derek is a Chartered Accountant with thirty years’ experience in the Financial Services Industry. Derek currently serves as an independent director on the boards of several private or listed investment funds, insurance companies and private client structures. He chairs the Audit and Risk Committee for several of these companies.

    Derek is a former partner in Ernst & Young’s Financial Services Office. He spent 20 years with Ernst & Young, Bermuda holding a number of positions including several years as the leader of the Investment Funds Practice. In 2006 he joined Ernst & Young’s Global Asset Management Group where he specialized in the Alternative Investment Industry before leaving the Firm in 2009.

    Derek, who is Scottish and Bermudian, holds a Bachelor of Arts degree in Accounting from the Caledonian University in Glasgow and is a member of the Institute of Chartered Accountants of Scotland, the Chartered Professional Accountants in Bermuda and the Canadian Institute of Chartered Accountants.

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    Manuel Vogel
    DEAG Board Chairman
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    Manuel is the Chairman of Drake Enterprises AG.

    He is also founding partner and Chairman of ACCTA Accounting & Tax AG in Baar, Switzerland, and Board member of several companies in Switzerland.

    Prior to forming ACCTA, he was CFO of DDM Group AG and partner/head of the legal and tax department at a fiduciary company, having worked for KPMG, Ernst & Young and Credit Suisse.

    Manuel holds a Business in Economics degree, as well as a PhD in taxes, cross border transactions and VAT Law from University of Gallen, Switzerland. He is a certified tax expert by the Swiss Tax Academy.

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    Nicolas Ibañez Scott
    DEAG Board Member / ExCom Member
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    Nicolas is a Director of Drake Enterprises AG.

    He led the development of the main supermarket in Chile, which became a public corporation quoted on the NYSE and which was sold to Walmart. As Chairman of The Drake Foundation he leads various philanthropic activities in the fields of education, promotion of ideas underlying a free and responsible society, culture, sports, care of the elderly and sustainability.

    He was educated at The Grange School in Santiago, Chile and Repton School in England, and later graduated with honors from the Adolfo Ibañez Business School. He is alumnus of Harvard Business School. Grocer, dairy farmer and investor, he is father of three children and a lover of the outdoors. He practices mountaineering, skiing, sailing, cycling and horseback riding.

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    Nicolas Ibañez Varela
    DEAG Board Member / ExCom Member / President DREP
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    Nicolas (Ibañez V) is a Director of Drake Enterprises AG.

    He is President and Co-Founder of Drake Real Estate Partners, a real estate investment firm based in New York which currently manages more than $200 million in assets. Previously, he formed and headed the real assets strategy at Drake Capital, managing over $150 million of invested equity in real estate, energy, and infrastructure assets in Chile.

    Nicolas graduated summa cum laude with a BS in Economics and Business Administration and a Master in Finance from Universidad Adolfo Ibañez of Chile, where he is also a member of the Visiting Committee. Nicolas also holds an MBA from Harvard Business School. Nicolas is a board member of Harvard Club.

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    Armando Holzapfel
    Managing Director Drake Foundation / CEO FPP
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    Armando is General Manager of Fundacion para el Progreso (FPP), a classical liberal think tank in Chile, and executive director of Drake Foundation, the philanthropic platform of the Drake Group.

    Armando is a board member of several Chilean charities in the arts & culture and elderly care areas. He is also responsible for the development and execution of “Sociedad en acción” project, a partnership initiative with the Public Policies Center of Universidad Catolica de Chile.

    From 2009 to 2012, Armando led the Corporación de Adelanto Amigos de Panguipulli in the south of Chile.

    Armando graduated in Economics and Business Administration from Pontificia Universidad Catolica de Chile and holds a Certificate in Non-Profit Management from Universidad Andrés Bello.

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    Jaime de la Barra
    Endowment IC Chairman
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    Jaime is the Chairman of the Drake Endowment’s Investment Committee.

    He is a founding partner and Chairman of Compass Group Chile and Executive Director of Compass Group Holdings. Between 1985 and 1996, he worked for Citicorp investment banking and created Santander Group’s investment research unit in Chile. Jaime is a member of the Advisory Council for Capital Markets of the Minister of Finance of the Republic of Chile and Founding Partner and Director of Inbest, a non-profit organization that encourages the internationalization of the Chilean capital markets. He is a member of the Board of Icare and chairman of its Finance and Business Chapter.

    Jaime holds a Business Administration degree from Pontificia Universidad Catolica de Chile as well as an MBA (Palmer Scholar) from The Wharton School of the University of Pennsylvania.

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    Antonio Larrain
    Endowment IC Member
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    Antonio is an Investment Committee member of the Drake Endowment.

    He worked at Drake Group as Managing Director and Chief Investment Officer of Drake Capital between 2009 and 2015. His main role was to design and execute the investment strategy after the sale of D&S. Antonio participated in the sale process of the second tranche of WalMart Chile in 2014 and implemented the first consolidated IFRS accounting statements for the group.

    Antonio is currently a Partner at Econsult, a leading Chilean asset management and advisory firm, managing or advising family-related financial assets over USD 4 bn.

    Antonio graduated from IESE Business School (MBA, 2005), and holds an Industrial Engineering degree from Pontificia Universidad Catolica de Chile (B.Sc., 2000).

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    Edmundo Gonzalez
    Treasurer / Endowment CIO and IC Member
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    Edmundo is Treasurer of the Drake Group and member of the Drake Endowment’s Investment Committee.

    He joined Drake Capital in 2013 and served until May 2015 as Treasurer and the Fixed Income and Hedge Fund Portfolio Manager. Between 2004 and 2007, Edmundo worked at J.P. Morgan Chile and J.P. Morgan NY as FX, Fixed Income & Derivatives trader for the Colombian and Peruvian books. From 2007 to 2013, he worked at Celfin Capital on the Fixed Income and Currencies desk, mainly as a proprietary trader and market maker. After the Celfin Capital – BTG Pactual merger, he worked as Fixed Income and Derivatives trader for the Chile operation, as well as overseeing BTG’s local balance sheet.

    Edmundo graduated with a degree in Business Administration (2002) and a Master’s in Finance (2004) from Universidad Adolfo Ibañez, Chile.

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    Catalina Silva
    Managing Director of Direct Investments / Company Secretary
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    Catalina is the Managing Director of Drake’s Direct Investment Strategy and the Group’s Company Secretary.  Additionally, she serves on the board of PJ Chile, Aviasur, Agronegocios and chairs the board of Colgram.

    Previously, she was Chief Financial Officer (CFO) of Drake Capital and Company Secretary & Comptroller of Drake Enterprises AG. Prior to joining Drake Capital, she was a Managing Director at Ecus Private Equity, where she worked on the structuring and implementation of a private debt fund. Additionally, Catalina has investment banking experience at the Vice President and Associate levels of J.P. Morgan, Banchile Citi Global Markets and BNP Paribas, both in New York City and Santiago.

    Catalina graduated from the Tuck School of Business at Dartmouth College, New Hampshire, USA (MBA 2003), and holds a Business Administration degree from Pontificia Universidad Catolica de Chile.

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    Eric de Armas

    Eric is the Chief Financial Officer of the Drake Group.

    Prior to joining Drake, he was the Director of Fund Operations at Dimension Capital Management (DCM), a multi-family office in Miami, FL.  At DCM, Eric was a member of the firm’s Operations and Compliance Committee and responsible for all fund operations, accounting and audit activities. His responsibilities also included all systems development, implementation and reporting functions for the firm. Prior to joining DCM, he was Manager in the Hedge Fund Group at Kaufman Rossin Fund Services (KRFS), a leading hedge fund administrator. During his tenure at KRFS, he was responsible for the on-boarding of new clients, employee productivity, and systems troubleshooting. Prior to KFRS, Eric worked as an auditor for Kaufman Rossin & Co, working on hedge fund and broker dealer clients.

    Eric received a B.S. in Economics from University of Virginia.

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    Susana Valenzuela
    Tax & Compliance Officer
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    Susana is the Tax & Compliance Officer of the Drake Group.

    Susana has worked with the group for over 25 years as a specialist in accounting, tax planning and compliance. She started working as an accountant in the Real Estate division of D&S, and latter worked at FINSA as Head of Accounting.

    Before joining the group, Susana worked as Head of Accounting in Chilgrapes S.A., a Chilean grape export company. She has worked as teacher assistant in different accounting courses at Universidad de Santiago and Universidad Gabriela Mistral.

    Susana hold a Master degree in Tax Planning (Dirección y Gestión Tributaria) from Universidad Adolfo Ibáñez and an Auditor and Accountant degree form Universidad Tecnológica Metropolitana (UTEM).

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    Roberto Nazario
    Fund Accountant
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    Roberto is a fund analyst for the Drake Group.

    Prior to joining Drake, he was a financial reporting analyst at H.I.G. Capital Partners, global private equity investment firm based in Miami, FL. During his time at H.I.G., he formed part of the WhiteHorse Finance and Bayside Capital teams. His responsibilities included financial analysis, financial modeling, financial reporting, as well as providing support to fundraising efforts. Before that, Mr. Nazario, worked at Dimension Capital Management (DCM), a multi-family office in Miami, FL, where he was an analyst on the fund operations and accounting team. While at DCM, he was responsible for accounting and operations of DCM’s flagship fund.

    Roberto received a B.S. in Business Administration from Villanova University and is currently a CFA Exam Level II candidate.

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    Simon Esparza
    Accountant & Treasury Analyst
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    Simon provides accounting and treasury related support to the Drake Group.

    Mr. Esparza joined the Drake Group in 2014 and has overseen the preparation of the financial and accounting statements of the different entities. He also helps on treasury management and regulatory compliance of the entities with Chilean jurisdiction.

    Prior to working at Drake Group, Simon worked as an operations analyst at Corpbanca where he was responsible for the risk & regulatory compliance, and participated in automating several bank processes.  Previously, Simon also worked at AFP Habitat where he was responsible for accounting and treasury functions.

    Simon graduated with an Auditor and Accountant degree from University Diego Portales in Chile.

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    Jorge Mendoza
    Accountant & Treasury Analyst
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    Jorge provides accounting and treasury related support to the Drake Group.

    Jorge joined Drake Capital in 2012 and served as one of DEAG’s accountants until December of 2015. Jorge oversaw the company’s accounting and financial statement in all jurisdictions. He also performed budget control analysis as well as treasury management.

    Prior to working at Drake Capital, Jorge worked as an accounting analyst at an industrial design company and worked as head of accounting in a smaller firm in the media and decoration industries.

    Jorge is an Auditor and Accountant from Universidad Diego Portales, Chile.