Investing in futures
Alex Páramo
Age: 26
Title: Chief of Staff
Name of Organization: Cabrera Capital
Alex Páramo serves as chief of staff at Cabrera Capital Markets, the largest Latino-owned investment bank in the country, and one of only a few Latino-owned investment banks.
Páramo was born and raised on the east side of Joliet but his roots are in Cuamio, Michoacan, Mexico, which his parents left when they were teenagers. Although he struggled while earning a bachelor’s degree in management of science and engineering at Stanford University, he eventually found power in his identity by leaning into his roots.
When he started with Cabrera in the public finance investment banking division, he supported the execution of over $42 billion in debt for public infrastructure projects across the country. As chief of staff he works alongside Martin Cabrera, CEO and founder, impacting every aspect of the business, including extensive advocacy for initiatives affecting the Latino community as well as national policy initiatives related to access to financial services for minorities.
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His previous professional experience includes working with the immigration defense unit in the San Francisco Public Defender’s Office where he was as an assistant to the managing attorney in representing undocumented residents facing deportation. He was also a data analyst with Mission Asset Fund, a financial services technology nonprofit that leverages tandas to create a fairer financial marketplace for undocumented Latinos.
He is founder and president of the Joliet Latino Economic Development Association, whose vision is to build a financially and culturally prosperous Latino community. In addition, he serves on the board of directors for the Stanford Latino Alumni Association, United Way of Will County, and Greater Joliet YMCA. He is a proud graduate of the Chicago Latino Caucus Leadership Academy, Multicultural Leadership Academy of Will County, and was recognized as a Wintrust Latinx Community Leader for 2021.
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