A founding partner of Portfolio Resources Group, Inc., Mr. Camejo brings more than 40 years of business experience both in Venezuela and in the U.S. to the group. He is Chairman of the Investment Policy Committee of Portfolio Resources Advisor Group, Inc. (PRAG) the group's Registered Investment Advisor, CEO and Co-Chair of the group’s broker dealer, and a Managing Director of Capital Management Resources Ltd., an affiliated British Virgin Islands advisory firm. Mr. Camejo has been Chief Compliance Officer of Portfolio Resources Group, Inc. since March of 1994 and currently supervises approximately 60 registered reps, foreign associates and operations personnel.
Mr. Camejo served as a Quantum Portfolio Manager and Associate Vice President at Prudential-Bache Securities between 1987 and 1991. While at Pru-Bache, he was instrumental in arranging a $45 billion private placement proposal to refinance the external debt of the Republic of Venezuela. The proposal was reviewed by then Under Secretary of the Treasury, Lawrence Summers, who considered it to be one of the most innovative proposals discussed prior to the approval of the Brady Plan for all of Latin America.
After leaving Prudential-Bache in early 1991, he served as Director of International Investments at Progressive Asset Management (PAM), the first full service broker/dealer in the United States dedicated to socially and environmentally responsible investing, founded by his late brother, Peter Camejo, a pioneer in SRI. By September of 1991, recognizing the need for a financial services firm specifically dedicated to the special requirements of international clients and financial professionals, Mr. Camejo left PAM and co-founded the Portfolio Resources group of companies. In 2008, his brother joined forces with Portfolio Resources bringing with him a leading group of SRI advisors, including Thomas Moser and Brian Laverty to form what is now the Impact Investing Division of Portfolio Resources Group.
From 1992 to 1998, Mr. Camejo also served as an outside advisor to the Paine Webber Municipal Airport Finance Group and helped arrange a pioneering $84 million private placement for a major upgrade to the Reina Beatrix International Airport in Aruba. It was the first airport financing based on a U.S. municipal airport revenue bond model, outside of the United States. Mr. Camejo was also involved as a financial consultant for infrastructure projects in both the Caribbean and the Middle East.
Real Estate Development
Prior to entering the financial services industry Mr. Camejo was Sales & Marketing Director of one of the largest recreational real estate developments in the Caribbean. The El Morro Tourist Complex is a two thousand acre (800 hectares) residential and hotel development site in Puerto La Cruz, Venezuela, with a total investment in excess of US$2 billion. It was a joint-venture between the Venezuelan government, a regional development bank, local municipalities, and a family development company, DETUR, C.A.
Media and Professional Activities
Mr. Camejo has appeared numerous times on CNN en Español as a guest of financial news programs such as Nuestro Mundo and Dinero. He has also been interviewed in financial publications such as Think Advisor, Financial Advisor, and Investment Advisor. Mr. Camejo has been a Member of the Envestnet Alliance Council since July of 2008, and from 1987 to 1989 served as a Special Advisor to the Secretary of Commerce of the State of Florida as a member of VOICE.
Mr. Camejo earned a B.A. degree in Philosophy, with a minor in Economics and Spanish Literature, in 1964 from Tufts University, Medford, Massachusetts (Class of 1964). From 1965 to 1966 he attended Graduate Studies at Boston University in Philosophy and Pedagogy. In 1968, he helped found the first bi-lingual program in the California Public School System, and in 1969 co-founded and served as instructor in the Latin & Mexican-American Studies Department at Merritt College, Oakland, California.
Professional Designations and Licenses
Mr. Camejo has a Series 7 Securities License (General Securities Representative Examination),
a Series 63 (Uniform Securities Agent State Law Examination), a Series 24 (General Securities Principal), a Series 66 (Uniform Combined State Law Examination), an Investment Banking Representative License, and an Operations Professional License.