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Posted on: May 7th, 2007
Filed Under: [ Business ] [ Hispanic News ] [ Press Releases ]
Tags: non-profit, Professor, student
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“Stone & Youngberg, a leading financial services firm offering a comprehensive range of products and services, today announced that Jim Cervantes, a managing director with the firms Public Finance group, has received the Jerry I. Porras Latino Leadership Award from the Stanford University Graduate School of Business. The award, presented annually by the schools Hispanic Business Students Association, honors alumni for outstanding leadership in business and significant contributions to the greater Latino community.
“Jim Cervantes professional achievements include significantly improving infrastructure throughout the state of California through a wide variety of county, city, school, and special district financings,” said Jim Van Horne, Giannini Professor of Finance at Stanford Business School and a member of the award selection committee. “He has also demonstrated an active commitment to local community affairs. Its this combination of professional leadership, investment in community, and dedication to the Stanford Business School that made Jim the clear recipient of this years award.”
A 1986 graduate of the Stanford Graduate School of Business, Cervantes serves as a managing director with Stone & Youngbergs Public Finance group. During his tenure with the firm Cervantes has completed several hundred individual financings representing more than four billion dollars in bonds to support public agencies throughout California. Today he serves on Stone & Youngbergs Board of Directors and is chair of the California Public Securities Association.
Cervantes began his academic career at Harvard College, where he graduated with honors in 1979, receiving a fellowship in public affairs from the Coro Foundation. After graduation and prior to attending Stanford Business School, he worked for a non-profit housing development corporation based in San Franciscos Mission District, where he oversaw property management operations and affordable housing project funding for low-income families. He was previously a board member and treasurer of the Tenderloin Neighborhood Development Corporation, an organization that provides safe and affordable housing to low-income residents. Currently, Cervantes serves on the board of the Northern California Coro Center for Civic Leadership, a non-profit dedicated to strengthening communities by encouraging civic leadership and participation.
“During the past two decades of my career in Public Finance Ive seen a growing presence of Latinos in positions of political influence,” said Cervantes in his acceptance speech. “I talked earlier of infrastructure, but in reality infrastructure goes beyond concrete and steel. Its the human talent we have in this state and this country that is the foundation of our success.” “
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