HispanicTips » Palladium Equity Partners

Palladium Equity Partners is ranked second among NY Area’s Largest Minority-Owned Companies in 2008

Tomas — Wed, 06 Aug 2008 14:58:22 +0000

Read More in English: www.palladiumequity.com Traducido: usando Google o Altavista/Babel Fish

Ricardo Alvarez Named President and CEO of Castro Cheese

Tomas — Wed, 28 Nov 2007 23:37:11 +0000

"Castro Cheese Company Inc., a leading manufacturer, marketer and distributor of Hispanic cheeses and creams, today announced that Ricardo "Ric" Alvarez has been named President and Chief Executive Officer of Castro Cheese Company Inc. He assumes the role previously held by interim Chief Executive Officer J. Robert Hall.

Castro Cheese, acquired by Palladium Equity Partners on August 31 of this year, is based in Houston and markets its products under the "La Vaquita" brand. It is well known throughout Texas for the high quality and authenticity of its products.

Alex Ventosa, a Managing Director of Palladium Equity Partners, said, "We look forward to working with Ric Alvarez and the talented team at Castro Cheese to build on the company's 30-year track record of success."

"I am pleased to have the opportunity to lead Castro Cheese at this exciting time," added Mr. Alvarez. "I look forward to working with the strong team at Castro Cheese to expand the Company's reach into new markets and channels, and to introduce new products."

Prior to joining Castro Cheese, Mr. Alvarez was President and CEO of Juanita's Foods in Los Angeles, a leading manufacturer and marketer of authentic Mexican foods, where he successfully grew the business in new channels and geographies over a short time. Prior to that, he served as President and CEO of Ruiz Food Products, the leading frozen Mexican foods company, which achieved significant sales growth, new product development and expansion during his tenure.

Mr. Alvarez is an alumnus of the University of Florida where he earned PhD and Master of Science degrees in Food Science and Human Nutrition. Previously, he earned a Bachelor of Science degree in Microbiology from the University of South Florida.

About Castro Cheese Company

Founded in 1971, Castro Cheese Company (www.castrocheese.com) is a leading manufacturer, marketer and distributor of queso fresco and other varieties of Hispanic cheeses and creams. Castro's products are marketed under the La Vaquita brand in Texas and other southwestern states and are known for their quality, authenticity and freshness."

HispanicTips.com - A Blogante News Service For, From & About Hispanics & Latinos

Palladium Equity Partners Acquires Manufacturer of La Vaquita Products, Castro Cheese Company

Tomas — Tue, 18 Sep 2007 17:08:28 +0000

"Palladium Equity Partners, LLC, a New York-based private equity firm, announced that it has acquired Castro Cheese Company Inc., a leading manufacturer, marketer and distributor of Hispanic cheeses and creams. Castro Cheese is based in Houston and markets its products under the "La Vaquita" brand. Alex Ventosa, a Managing Director of Palladium, said, "The La Vaquita brand is well known throughout Texas for the high quality and authenticity of its products. Led by founder and President Maria Castro, Castro Cheese has established a 30-year track record of growth and development, maintaining the quality of their all-natural cheeses and creams while expanding their portfolio of branded dairy products. Castro is a profitable company with a strong management team and talented employees. We look forward to working with them to pursue expansion through new markets, new retails channels, and the introduction of new products.""

For source and translated source please visit the site.

Blogante News from Tomás For & About Hispanics & Latinos - Headlines, Business, Entertainment & more< /br>Stay Informed - Knowledge is Power

Applications Now Available for Winner’s Circle Student Scholarships to Be Presented at the 17th Annual Hispanic Business Magazine EOYR Awards

Tomas — Mon, 16 Jul 2007 19:39:45 +0000

"Hispanic Business magazine has announced that Winner’s Circle Scholarship applications are now available online and applications will be accepted until Sept. 24, 2007. The Winner’s Circle Scholarship Fund assists Hispanic students with education-related costs as they complete their undergraduate, graduate or post-graduate education. These scholarships are available on a competitive basis to full-time students enrolled at accredited colleges, universities and community colleges. Scholarship recipients will receive $1,500 toward their education and attend the Hispanic Business magazine 2007 EOY Awards in Los Angeles, with travel and accommodations covered by Hispanic Business magazine. This year’s EOY celebrates the 25th anniversary of the HB500(R), Hispanic Business’ benchmark directory of the nation's largest Hispanic-owned companies. Attended by luminaries from the worlds of government, business and academia, Hispanic Business magazine’s EOY Awards event is dedicated to celebrating the successes of U.S. Hispanic entrepreneurs in five major categories: Heavy Industry, Infobusiness, Latina, Rising Star and Trade Industry. The annual gala dinner has featured keynote addresses by such high-profile speakers as Fabián NÚñez, speaker of the California State Assembly, the Rev. Jesse Jackson and former Energy and Transportation Secretary Federico Peña. Dionicio Morales, founder of the Mexican American Opportunities Foundation (MAOF), was honored in 2006 with a Lifetime Achievement Award for his work to empower Mexican Americans throughout California. Title sponsors of the 2007 EOY event are Cadillac and ExxonMobil, with Winner’s Circle Scholarships sponsored by Palladium Equity Partners, Washington Mutual and Liberty Power. Scholarship information, applications, and complete rules can be found online at http://www.hispanicbusiness.com/events/eoy/scholarship/ or by contacting the Hispanic Business Events division at events@hbinc.com or (800) 205-9459. "

HispanicTips: A News Revolución - Daily National Hispanic/Latino News & More - Knowledge is Power --Â» Educate Yourself
Now with 26719 posts.

Palladium Equity Partners to Open California Office

Tomas — Tue, 05 Jun 2007 16:08:04 +0000

"Palladium Equity Partners, LLC today announced the launch of its office in Los Angeles, the largest Hispanic market in the United States. The California office will provide Palladium with an important presence in this critical market as the firm continues to focus on companies which are well-positioned to capitalize on the fast-growing U.S. Hispanic market. Marcos A. Rodriguez, Managing Member of Palladium, said, "Home to nearly one-third of the Hispanics in the United States, California has tremendous potential and our Los Angeles office will serve as an effective platform for Palladium to pursue opportunities in this fast-growing market." Mr. Rodriguez added, "The rate of population growth in the Los Angeles area is significantly higher than the United States as a whole because of its large Hispanic population. We believe that this growth will continue to drive demand for new investments. U.S. Hispanic purchasing power is projected to reach over $1 trillion by 2010, vastly increasing the potential opportunities for Hispanic-focused investment. Palladium was pleased to commit to a significant investment in PROMERICA Bank in October 2006, the first primarily Latino-owned commercial bank to form in California in more than 30 years. With offices in the two largest Hispanic markets, New York and Los Angeles, we feel that we will be better positioned to capitalize on attractive investment opportunities nationwide." The California office will be launched by Maria del Pilar Avila, Vice President of Marketing for Palladium. She will be accompanied by Vice President Ivelisse Rodriguez Simon who will join Palladium in July. Prior to joining Palladium in 2005, Ms. Avila was the founding Executive Director of New America Alliance NAA, a national organization committed to leading Latino business growth through expansion of capital. Ms. Avila was instrumental in establishing programs such as the Wall Street Summit and the Pension Fund Initiative as well as building relationships with entrepreneurial and non-profit organizations, federal and state governments, public pension fund systems, and corporate America. Prior to this, she was a Vice President at the United States Hispanic Chamber of Commerce. Ms. Avila serves on the Board of Directors of The Marathon Club and is a member of the New America Alliance and the National Association of Securities Professionals. Mrs. Rodriguez Simon, a Toigo alumna and Harvard M.B.A. graduate, served previously as Vice President at Reliant Equity Investors, a private equity investment firm based in Chicago, where she was responsible for deal generation, investment structuring, portfolio management, and investor relations. Before joining Reliant, Mrs. Rodriguez Simon was a Vice President at Equest Partners where she was involved in early stage investments and interim portfolio executive management. She began her career in mergers & acquisitions at Salomon Brothers and merchant banking at Banc of America Securities."

HispanicTips: A News Revolución - Daily National Hispanic/Latino News & More - Knowledge is Power --Â» Educate Yourself
Now with 25681 posts.

Palladium Invests in Todobebe

Tomas — Thu, 08 Mar 2007 18:22:51 +0000

"Private equity firm Palladium Equity Partners has made an investment in Todobebe, which produces the Spanish-language parenting show Todobebe TV that airs on Hispanic broadcaster Telemundo. Headquartered in Miami, Todobebe provides parenting information through television, radio, publications, digital media and grassroots events. Todobebe TV airs on Telemundo and via Televisa Networks in Mexico. The company also operates Todobebe.com, an Internet destination for Spanish-speaking families expecting and raising babies. "

HispanicTips: A News Revolución - Daily National Hispanic/Latino News & More - Knowledge is Power --Â» Educate Yourself
Now with 22810 posts.

Palladium Equity Partners Announces Investment in PROMERICA Bank

Tomas — Fri, 27 Oct 2006 15:55:46 +0000

"Palladium Equity Partners, LLC today announced that it has signed a definitive agreement to invest in PROMERICA Bank (I.O.), the first Latino-owned commercial bank to form in California in more than 30 years. This is the second investment of Palladium Fund III, which closed in March 2006 with $520 million of committed capital. Palladium's investment focus is on companies which are well-positioned to capitalize on the fast-growing U.S. Hispanic market, making PROMERICA Bank (I.O.) an ideal investment partner. Maria Contreras-Sweet, PROMERICA Bank (I.O.) Chairwoman and former Secretary of the Business, Transportation and Housing Agency for the State of California, explained, "While we are proud of the milestone we have achieved, we expect even greater accomplishments as the bank engages small businesses, be they Latino, Asian, non-ethnic or women-owned, in a concerted effort to expand the economic landscape of the region. Our approach to banking will provide our clients access to senior leadership in the personal, high touch environment they deserve.""

Your Best Source For Hispanic-Latino News y Mas.
Stay Informed -> Knowledge is Power.
Think Nationally -> Act Locally.
Now with 17599 posts.

New America Alliance Elects Jose H. Villarreal as New Chairman

Tomas — Fri, 27 Oct 2006 15:55:19 +0000

"Jose H. Villarreal, a partner of Akin, Gump, Strauss, Hauer & Feld, LLP, has been elected by the members of the New America Alliance (NAA) as the organization's new Chairman of the Board. He will be sworn in on Friday, October 27 at the NAA's Sixth Annual Wall Street Summit closing luncheon in New York City. The NAA also announced that three new members will be joining the organization's board of directors. They are Marcos A. Rodriguez, founder and managing member of Palladium Equity Partners, LLC in New York City, who has been a member of the NAA since 2003; Guillermo Perales, president and CEO of CG Management, LLC in Irving, Texas, who has been a member since 2004, and Tony Quintero, president and CEO of Plaza Investments, LLC in San Jose, California, who has been a member since 2001."

Your Best Source For Hispanic-Latino News y Mas.
Stay Informed -> Knowledge is Power.
Think Nationally -> Act Locally.
Now with 17598 posts.

New America Alliance Honors Business Leaders with 2006 NAA Awards at Sixth Wall Street Summit in New York City

Tomas — Wed, 25 Oct 2006 15:22:06 +0000

"The New America Alliance (NAA), an organization of the most influential Latino business leaders committed to leading the process of Latino empowerment and wealth-building, will present tomorrow the 2006 NAA Business Achievement Award to Marcos A. Rodriguez, founder and managing member of Palladium Equity Partners, and the NAA Distinguished Service Award for Advancing Latinos in American Business to Christopher J. Ailman, chief investment officer for the California State Teachers' Retirement System (CalSTRS), at the NAA's Sixth Annual Wall Street Summit in New York City."

Your Best Source For Hispanic-Latino News y Mas.
Stay Informed -> Knowledge is Power.
Think Nationally -> Act Locally.
Now with 17461 posts.

Tapping Into the Hispanic Market – New York Times

Tomas — Fri, 14 Apr 2006 09:43:28 +0000

"At many American private equity firms, a Mexican food deal means sending the junior analyst out to buy tacos. At Palladium Equity Partners, it means buying Taco Bueno, the fast-food restaurant chain itself. Palladium is part of a new breed of private equity firms on the lookout for investments that can tap into the fast-growing Spanish-speaking market in the United States. As the New York area's second-largest minority-owned business behind Goya Foods, the buyout firm is taking advantage of its partners' Latin American heritage and community ties to spot deals that other Wall Street investors may not see."

HispanicTips.com is an aggregation blog covering Hispanic-Latino news & commentary. We scour the web and hand-pick these stories and so far have collected 9765 posts. Our goal is to be a useful tool for the varied Hispanic-Latino communities in the US as well as the community as a whole and those interested in these subjects. Read our FAQ for more info.

tags: hispanic, latina, latino