Banco Popular de Puerto Rico

Ms. Greenberg is the National Chief of the Municipal Securities and Public Pensions Unit in the U.S. Securities and Exchange Commission�s Division of Enforcement. She also serves as the Associate Regional Director for Enforcement in the SEC�s Philadelphia Office, where she oversees the SEC�s Enforcement program in the Mid-Atlantic region. Ms. Greenberg joined the SEC�s Philadelphia Office as an Enforcement Staff Attorney in 1987. She was promoted to the position of Branch Chief in 1994, to the position of Assistant District Administrator in 2001, and to the position of Associate Regional Director in December 2006. She has also served as the Co-Chair of the Enforcement Division�s national Municipal Securities Working Group. In January 2010, Ms. Greenberg was appointed to her present position. During her tenure with the Commission, Ms. Greenberg has brought many significant and groundbreaking cases, particularly in the areas of municipal securities and public pensions practices, revenue sharing between broker-dealers and mutual fund advisers, financial and accounting fraud, insider trading, best execution, market manipulation, offering fraud, and investment adviser and broker-dealer fraud. Ms. Greenberg, a Phi Beta Kappa graduate, received her B.A. and J.D. degrees from Temple University.

Mark N. Berman is a member of Nixon Peabody LLP�s Financial Restructuring & Bankruptcy Practice Group resident in its Boston and New York offices.� In addition to a traditional bankruptcy practice, Mark also supports the Firm�s global finance and public finance practices. He has worked on the bankruptcy related aspects of financings for sports teams and stadiums, toll roads, housing, student loans, energy and manufacturing. He recently filed an amicus brief on behalf of SIFMA in the chapter 9 case of the City of Detroit.Mark is a 1976 graduate of Boston College Law School and a 1973 graduate of Northwestern University.� He is a fellow of the American College of Bankruptcy where he currently serves as Regent of the First Circuit, and has been listed in The Best Lawyers in America since 1989 as well as in America�s Leading Lawyers (Chambers USA) for his proficiency in Bankruptcy Law. He has taught courses on Business Law and Credit Law for the National Association of Credit Management, a course on International Bankruptcy Law at Boston College Law School presented through the American College of Bankruptcy, was a Guberman Fellow at Brandeis University in 2008 and 2009 acting as an instructor for the Introduction to Law class and will be an adjunct professor in the Fall of 2014 at Northeastern University�s D'Amore-McKim School of Business where he will be assisting with an introductory business course titled �Experiential Entrepreneurship.�

David Álvarez is the Executive Director of the Puerto Rico Public-Private Partnerships Authority. Mr. Alvarez has nine years of experience in economic and financial analysis. Prior to his appointment at the Public-Private Partnerships Authority, Mr. Alvarez served as Senior Advisor and Special Aid to the Chairman and President of the Government Development Bank for Puerto Rico and as Chief Analyst at Santander Securities and Santander BanCorp Puerto Rico. Mr. Alvarez holds a Master of Science in Urban and Regional Planning from Florida State University and a Bachelor's degree in Economics from West Virginia University.

Jim is a Senior Vice President in Deloitte Corporate Finance’s Infrastructure Advisory practice where he provides strategic and transactional services to public and private sector sponsors of infrastructure projects, primarily P3s and Project Financings. Jim brings with him more than sixteen years of experience in U.S. municipal finance, strategic consulting, and marketing consulting. Jim has broad experience in helping governments meet their financial challenges and fund infrastructure and other projects through traditional and creative structured financing solutions, including infrastructure development, pension and OPEB funding, and managing financial risks. In this capacity, his clients have included transportation authorities, airport authorities, convention centers, general infrastructure and economic development authorities, cities, counties, states and US federal agencies. Prior to joining Deloitte, Jim worked at two leading bulge-bracket investment banks where he served U.S. municipalities as an investment banker and derivatives marketer, giving him both direct banking and capital markets experience.In addition to his ten years in investment banking and financial advisory, Jim spent six years as a strategy and marketing consultant, where he helped companies ranging from Fortune 100 to small internet and other high-tech start-ups address their strategic, organizational, marketing and customer loyalty challenges.Jim has a BA in Economics from Yale University, magna cum laude, and an MBA in Finance and Strategic Management from the Wharton School.

Ben Djiounas is an Executive Director and Head of P3 and Project Finance in the Public Finance Group at J.P. Morgan.� Mr. Djiounas joined J.P. Morgan in 2004 and has worked with transportation and infrastructure clients on innovative financing and advisory assignments across infrastructure asset classes, including social infrastructure, parking,� transit, aviation and toll road projects.� Prior to joining J.P. Morgan, Mr. Djiounas was an M&A specialist in the transportation sector.� Mr. Djiounas graduated from Babson College with honors and is a CFA charter holder.

David Seltzer is a Principal and co-founder of Mercator Advisors, a Philadelphia-based financial advisory firm formed in 2001. Mercator Advisors provides financial consulting services to governmental, corporate and non-profit organizations sponsoring major transportation projects and programs. The firm specializes in large or complex capital investments involving a blend of public and private sector resources and utilizing innovative procurement, financing or management techniques. Mr. Seltzer has over 30 years of experience in the field of public and project finance, working in both the governmental and private sectors. As Senior Advisor to the Federal Highway Administrator during TEA-21 reauthorization, Mr. Seltzer was actively involved in designing and implementing new financial assistance programs such as TIFIA and GARVEE Bonds. Before joining USDOT, Mr. Seltzer spent 20 years in investment banking, assembling public and project financings for transportation and other infrastructure programs, including Lazard Frères and Lehman Brothers. Mr. Seltzer has taught graduate level coursework in municipal finance and accounting at both The Wharton School and the Fels Center of Government at The University of Pennsylvania. He holds a BA in Urban Studies from Trinity College, Hartford and an MBA from The Wharton School.Mr. Seltzer serves on the Executive Committee of the Transportation Research Board. He also is chair of the board of Philadelphia Gas Works, the nation’s largest municipally-owned gas utility, and sits on several non-profit boards, including the Philadelphia Museum of Art, the Economy League of Greater Philadelphia, and Starfinder Foundation, a soccer-based youth service organization.

Thomas Majewski is responsible for AMP Capital’s infrastructure and private debt investing activity in the Americas and is resident in the firm’s New York Office. Mr. Majewski has over 15 years of experience in alternative investments, having focused primarily on infrastructure and leveraged finance. Mr. Majewski is a member of the AMP Capital’s Infrastructure Investment Committee. Prior to joining AMP Capital, Mr. Majewski was Head of Access Capital Advisers’ Americas division. In this capacity, he was responsible for managing a portfolio of diverse infrastructure assets valued in excess of US$1 billion as well as sourcing new equity and debt investment opportunities in the infrastructure sector. Among other transactions, he led the team which developed a subordinate, unrated Build America Bond structure for a US municipal issuer to fund the expansion of a toll road system, successfully closing this first-of-kind transaction in early 2010. Before joining Access Capital Advisers, Mr Majewski was a Managing Director in the Fixed Income division at Merrill Lynch in New York where he was responsible for originating, structuring and distributing complex leveraged financings. Other prior roles include as a Manager at Arthur Andersen, where he was involved in modelling complex project finance and tax-advantaged infrastructure transactions. Mr. Majewski holds a Bachelors of Science in Accountancy degree from Binghamton University and is a Certified Public Accountant. Mr Majewski previously held the NASD/FINRA Series 24 designation (General Securities Supervisor).

Michael Schroeder is the Chief Investment Officer for Wasmer, Schroeder & Company, Inc. and responsible for overseeing the implementation of investment strategies and portfolio management, research, and trading. Mr. Schroeder has over 33 years of experience in various areas of the investment business including investment banking, institutional sales and trading. From 1979 until 1989, Mr. Schroeder worked for a leading regional brokerage firm specializing in the underwriting of municipal bonds where he was responsible for syndication and trading as well as institutional sales. Prior to joining Wasmer, Schroeder & Company, Inc. in 1991, he was Vice President of the Investment Services Division, USF&G Asset Management; a division of Baltimore, MD based USF&G Corporation (now Travelers). Mr. Schroeder holds a B.S. in Business from the Carlson School, University of Minnesota and is a licensed CERTIFIED FINANCIAL PLANNERTM. He is a member of the CFA Society of Naples, the Estate Planning Council of Naples, the National Federation of Municipal Analysts, the Financial Planning Association and a member emeritus of the Board of Trustees of the Community Foundation of Collier County. Currently, Mr. Schroeder is a member of the Florida Gulf Coast University Department of Economics & Finance Executive Council and the Education Foundation of Collier County Champions for Learning Professional Advisory Board.

Nick Moller is a Vice President in J.P. Morgan�s Public Finance Group based in San Francisco. Nick has extensive experience regarding both tax-exempt and taxable financing assignments, with a strong focus on transportation and infrastructure assets both for public sector and private sector clients. Nick�s sectoral experience includes: toll roads, federal highway/GARVEEs, sales/motor vehicle taxes, water infrastructure and public private partnerships generally. Nick recently jointly lead J.P. Morgan�s role senior managing the financing for the Carlsbad Desalination Project with specific responsibility/oversight for the due diligence and modeling efforts. Nick graduated from the University of Auckland (New Zealand) with a Bachelor of Commerce in Finance (First Class Honors).