A Special Purpose Acquisition Company (SPAC) is a public acquisition vehicle formed by a management sponsor team to raise equity capital via an IPO with the intent to deploy that capital in a business combination within a finite period of time. DD3 Acquisition Corp. is a blank check Nasdaq listed company with the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities, which we refer to as a “target business.” Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region although we intend to focus our search for target businesses in Mexico, but not limited to other geographic areas.
Martin Werner is Co-Founding Partner at DD3 Capital Partners. Prior to founding DD3 Capital Partners, Mr. Werner worked at Goldman Sachs for 16 years (2000 – 2016) becoming a Managing Director in 2000 and a Partner in 2006. He was Co-Head of the Investment Banking Division for Latin America and the Country Head of the Mexico office. Prior to his time with Goldman Sachs, Mr. Werner served in the Mexican Treasury Department as the General Director of Public Credit from 1995 to 1997, and as Deputy Minister from 1997 to 1999. Among his numerous activities, he was in charge of restructuring Mexico´s public debt after the financial crisis of 1994 and 1995. Mr. Werner holds a bachelor’s degree in Economics from Instituto Tecnologico Autonomo de Mexico (ITAM) and a Ph.D. in Economics from Yale University.
Jorge Combe is Co-Founding Partner at DD3 Capital Partners and a former Managing Director in the Investment Banking Division of Goldman Sachs in Mexico City from 2010 to 2017. Prior to joining Goldman Sachs, Mr. Combe was a Vice President in the Investment Banking Division in Merrill Lynch from 2009 to 2010. He had also worked at GP Investimentos from 2008 to 2009, one of the leading Brazilian Private Equity Firms. Prior to GP Investimentos, Mr. Combe worked for Credit Suisse as an Associate in the Equity Capital Markets Group where he was involved in over 20 equity offerings for Latin American companies. Mr. Combe began his career at Banco Banorte as Floor Equity Trader, where he held various positions in Mexico and New York. Mr. Combe earned an MBA from the Wharton Business School at the University of Pennsylvania and a Bachelor of Science in Economics from Instituto Tecnologico Autonomo de Mexico (ITAM).
Dr. Ortiz is currently Chairman of BTG Pactual Latin America ex-Brazil. Prior of joining BTG from 2010 to 2015 he was Chairman of the Board of Grupo Financiero Banorte-Ixe. Dr. Ortiz also served as Governor of Mexico’s Central Bank from 1998 to 2009. From 1994 to 1997, Dr. Ortiz served as Secretary of Finance and Public Credit in the Mexican Federal Government. He served in the Board of Directors of the International Monetary Fund, the World Bank and the Interamerican Development Bank. Dr. Ortiz is Chairman of the Pe Jacobsson Foundation, a member of Group of Thirty, Board of Directors of the Center for Financial Stability, Board of Directors of the Globalization and Monetary Policy Institute, Board of Directors in the Federal Reserve Bank of Dallas and Board of Directors of the China’s International Finance Forum. Furthermore, he is an Officer of Zurich Insurance Group Ltd. and a Member of the Board of Directors of Wetherford International, as well as of several Mexican companies, including Aeropuertos del Sureste, Mexichem, and Vitro. Dr. Ortiz is also a member of the Quality of Life Advisory board of the Government of Mexico City. Dr. Ortiz holds a bachelor’s degree in economics from Universidad Nacional Autónoma de México (UNAM), a master’s degree and a Ph.D. in economics from Stanford University.
Daniel Salim is an Associate at DD3 Capital Partners. Prior to joining DD3 Capital Partners, from 2015 to 2017, Mr. Salim worked for Bank of Tokyo-Mitsubishi in their Latin America Corporate & Investment Banking Group. From 2013 to 2015, he served as an Analyst at HR Ratings, a local rating agency covering medium and large companies in the Retail, Real Estate, Consumer, Manufacturing and Entertainment industries. Mr. Salim received a bachelor’s in Finance and Accounting from Universidad Anahuac Norte and is currently a Chartered Financial Analyst candidate.
Juan Andrés Álvarez is an Analyst at DD3 Capital Partners. Prior to joining DD3 Capital Partners, in 2017, Mr. Álvarez was an Analyst at Mountain Nazca, a Venture Capital Firm headquartered in Mexico City. In 2016, he served as an Analyst at Investar Financial, a Private Equity Fund headquartered in Dallas. Mr. Álvarez holds a bachelor’s degree in Financial Management from Instituto Tecnologico y de Estudios Superiores de Monterrey (ITESM).