SEBASTIÁN MIRALLES, CFA MANAGING PARTNER
MAURICIO VILLARREAL  
ASSOCIATE
ERNESTO IBARRA
INVESTMENT ANALYST
Ernesto joined Tempest Capital in 2017. Previously he was an Analyst for R2 a boutique Investment banking and advisory firm. He began his career working in the Mexican PE and VC Association (AMEXCAP).
Ernesto holds an undergraduate degree in Finance from the Universidad Panamericana. He studied abroad in the  University of Strasbourg and Escuela de Finanzas Aplicadas in Madrid. He has passed level 2 of the CFA program.
Mr. Ibarra has analysis experience in the Industrials, Agriculture and Hospitality industries.
Joncarlo is the Founder of Upwelling Capital Group LLC, a California-based boutique investment advisor that provides services and capital solutions to premier institutional investors. Clients include endowments, foundations, family offices and a broad set of global investment organizations.
Prior to forming Upwelling in 2011, Mr. Mark was a Senior Portfolio Manager at the California Public Employees Retirement System (CalPERS), where he was responsible for investing in global private equity partnerships and direct investments, with a portfolio that exceeded $48 billion of exposure. In addition, from 2007 to 2010, Mr. Mark served as chairman of the board for the Institutional Limited Partners Association (ILPA), whose 350 institutional members manage over $1 trillion in private equity assets.  Prior to joining CalPERS in 1999, Mr. Mark spent six years with Premier Farnell PLC.
Mr. Mark currently serves as an executive trustee of the University of California Davis Foundation and is chairman of the Finance and Investment Committee.  From 2012 to 2018, he was on the board of AltExchange Alliance, an industry body chartered to define, maintain and promote a single data standard for the private equity industry. 
Mr. Mark earned an MBA from the Graduate School of Management at the University of California, Davis and received a BA from the University of California, San Diego. He also holds Series 62, 63 and 65 FINRA securities licenses.
JONCARLO MARK
ADVISOR
 
 
 
 
 

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