Leadership

Victor R. Mendiola, Jr.

Promesa Investments is headed by Victor R. Mendiola, Jr., who founded the company as a means to pursue select investment opportunities in commercial real estate. Victor’s career spans over 15 years primarily on the private equity side of transactions and prior to forming Promesa he was responsible for sourcing and executing value-add and opportunistic investment strategies for respected firms such as PaineWebber/UBS (New York City), USAA Real Estate Company (San Antonio, Texas) and Behringer Investments (Dallas, Texas). He has completed more than $1.1B of deals including the acquisition, development and financing of various property types.

Victor earned his Bachelor’s degree from UCLA, his Master’s degree from Harvard University, and for the past 25 years, he has been actively involved in initiatives seeking to positively impact under served communities. He is an ex-member of the Board of Directors and current volunteer for KIPP DFW, a public charter school organization, and dedicates his time to developing sustainable real estate solutions that will allow these schools to grow and serve deserving youth in future years.

Gus Ochotorena III

Gus Ochotorena III is a principal in Promesa Investments and serves as CFO/COO, overseeing all finance and operations functions. He spent a majority of his professional career at USAA, where he formulated and executed investment strategies for various investment portfolios, including the $2.5B pension plan and the $2.0B 401(k) plan, and reported directly to the CFO of the $122B financial services company. Gus brings a wealth of institutional-level experience in processes, procedures, compliance, and accounting, and joined Promesa to utilize those skills in a more entrepreneurial setting. He received his Bachelor’s degree in accounting from Texas Tech University and earned the CFA Charterholder designation in 2000.