Julio Cabral Corrada

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Julio A. Cabral Corrada is an entrepreneur, social advocate and policy advisor from Puerto Rico. He focuses on Latin America and Puerto Rico's fiscal, economic, and political affairs.[1][2]

Julio A. Cabral Corrada
Born
BildungHarvard University, University of Pennsylvania's Wharton School and Cornell University
OccupationFinance · Policy · Social

Early Life and Education

Cabral Corrada was born and raised in San Juan, Puerto Rico. He graduated with honors in 2009 from Colegio San Ignacio de Loyola.[3]

In 2013, Cabral Corrada graduated Dean's List from Cornell University, where he focused on business and government studies.[2] He was a member of the Alpha Kappa Psi business society and the Sigma Alpha Epsilon social fraternity.[4]

In 2012, he was selected as a Hansard Scholar at the London School of Economics, where he studied economics and politics and completed his academic thesis on the European sovereign fiscal situation.[2][5]

In 2020, Cabral Corrada obtained an MBA as a Howard E. Mitchell Fellow in the Wharton School of the University of Pennsylvania in Philadelphia.[6][7]

Afterwards, in 2021, Cabral Corrada also received a Master’s Degree in policy and management from Harvard University.[8]

Academic Career

In 2018, Harvard Business School wrote a case study[9] on Puerto Rico. Mr. Cabral was one of the few individuals quoted in the case study, along with then House Natural Resources Committee Chairman Rob Bishop, former IMF First Deputy Managing Director Anne Krueger and U.S. District Judge Laura Taylor Swain.

In 2019, while at the Wharton School, he worked at the Lauder Institute under Professor Professor Mauro Guillén and organized the first ever Ivy League conference to take place in Puerto Rico.[10] The conclave brought together global leaders like Ambassador Joseph Westphal, Dean Geoffrey Garrett, Deputy Secretary Elizabeth Sherwood-Randall and the principal leaders of Puerto Rico. The central topics of discussion were best practice policy solutions to help with the reconstruction after Hurricane Maria and the fiscal crisis.

Also, he was a weekly contributor in the Sirius XM Wharton Channel discussing socioeconomic and policy events in the U.S. and Latin America along with prominent figures like Chef José Andrés, Congressman José Serrano and Leopoldo Martínez Nucete.[11]

In 2021, while at Harvard University, Cabral Corrada was appointed as a Bloomberg Harvard City Leadership Initiative Equitable Development Manager. The initiative is a partnership between Harvard Business School and the Harvard John F. Kennedy School of Government with Bloomberg Philanthropies. In his role, he advised local and international public leaders on economic, education, and policy issues, including the mayor of Santo Domingo, Dominican Republic, Carolina Mejía. [12] [13] [14]

Professional Career

Cabral Corrada worked as an Investment Vice President at Stone Lion Capital, a multi-billion dollar investment fund.[15] He performed financial analysis on credit and equity investments across Latin America and emerging markets. Cabral Corrada has also served as an intermediary between the Puerto Rico government and investors in the high-profile $70 billion debt restructuring.[16][2] Prior to that, he was an Institutional Analyst in Morgan Stanley's Institutional Equity Trading Group.[17] [18]

In addition, Cabral Corrada has also served in the United Kingdom’s Parliament’s Scrutiny Unit as a Financial Analyst and as the Director of Strategy of Telemundo’s Premios Tu Musica Urbanos.[19]

During Puerto Rico's fiscal situation, Cabral Corrada appears in panel discussions to discuss the islands' fiscal and economic state, calling for a good-faith renegotiation of the debt, economic development, public–private partnerships, improvement in collection of existing taxes,[1][20] and fiscal reforms. At the federal level, he advocates for parity in Medicaid & Medicare federal funding, access to Chapter 9 bankruptcy protection currently available to U.S. states, and exemption from the maritime cabotage legislation known as the Jones Act.[21]

Cabral Corrada has attended conferences on the islands and emerging Latin American markets,[22] including forums organized by the Puerto Rico Chamber of Commerce,[23] the University of Puerto Rico at Río Piedras College of Business Administration,[24], the Florida Puerto Rican Summit, [25] and WUNO Broadcasting Group.[26]

Philanthropy and Activism

Community and Social Involvement

In the aftermath of Hurricane Irma and María, Cabral Corrada co-founded Puerto Rico Rising.[27][28] The non-profit effort raised over 5 million pounds of food and supplies among 20 U.S. mainland cities and distributed it, in coordination with other organizations, to feed and supply over 200,000 affected residents of Puerto Rico.[27][28]

Cabral Corrada sits on the board of directors of the YoNoMeQuito Social Foundation.[2] As reported by NBC News in May 2016, "the goal of the movement is to spread positive energy and motivate 'borícuas', as Puerto Ricans are known, to keep moving forward despite the islands' recent challenges".[29][30]

During the COVID-19 Crisis in Puerto Rico, he served as a volunteer of the National Guard, assisting senior officers with logistics and analysis.

Cabral Corrada is the youngest member of the annual stewardship board of the Museo de Arte de Ponce in Ponce, Puerto Rico.[31][32]

Political Involvement

Cabral Corrada has been an advocate of statehood for Puerto Rico.[33][34] In 2013, after serving as executive director of the Puerto Rico Statehood Students Association, Cabral Corrada was appointed to the organization's board of advisors.[35]

In 2012, he served as the co-director of former Governor Luis Fortuño's absentee ballot campaign.[36]

Personal life

Cabral Corrada is the eldest son of Julio Cabral and Mercedes Corrada, who are in business and philanthropy.[37][38] He is a grand-nephew of the late Baltasar Corrada del Rio, who was Mayor of San Juan, Resident Commissioner, Secretary of State, Lieutenant Governor of Puerto Rico and Associate Justice of the Supreme Court of Puerto Rico.[36]

References

  1. ^ a b "Local Experts Propose Strategies to Boost Puerto Rico's Economy". 19 February 2016. Archived from the original on 16 September 2016. Retrieved 4 September 2016.
  2. ^ a b c d e "Analista evalúa inversión de $300 millones del gobierno". El Nuevo Dia. 11 January 2017. Archived from the original on 18 February 2018. Retrieved 18 February 2018.
  3. ^ "Bio-Julio-Cabral-Corrada" (PDF). Camera PR.
  4. ^ "Cornell Faces: Julio Cabral Corrada". Youtube.
  5. ^ Scholars, Hansard Society. "Hansard Society Scholars - About". www.hansardscholars.uk. Archived from the original on 2018-02-19. Retrieved 2018-02-18.
  6. ^ Antonio Otero, Carlos. "Una mirada a la mayor quiebra municipal". El Vocero de Puerto Rico (in Spanish).
  7. ^ Schmitt, Jeff (September 19, 2018). "Poets&Quants | Meet Wharton's MBA Class Of 2020". Poets&Quants. Archived from the original on September 19, 2018. Retrieved October 26, 2018.
  8. ^ Antonio Otero, Carlos. "Una mirada a la mayor quiebra municipal". El Vocero de Puerto Rico (in Spanish).
  9. ^ Alfaro, Laura; Sawyer, Laura Phillips; Sheldahl-Thomason, Haviland (November 12, 2018). "Rebuilding Puerto Rico". Archived from the original on July 1, 2020. Retrieved April 15, 2020 – via www.hbs.edu. {{cite journal}}: Cite journal requires |journal= (help)
  10. ^ "Wharton School celebrará conferencia en Puerto Rico sobre la reconstrucción de la isla". El Nuevo Dia. March 28, 2019. Archived from the original on March 30, 2019. Retrieved April 9, 2020.
  11. ^ "Responding to Natural Disasters: Is There a Better Way?". Knowledge@Wharton. Archived from the original on 2020-09-22. Retrieved 2020-04-09.
  12. ^ Antonio Otero, Carlos. "Una mirada a la mayor quiebra municipal". El Vocero de Puerto Rico (in Spanish).
  13. ^ "Alcaldia DN pacta con Harvard y Bloomberg Philanthropies plan de desarrollo equitativo e inclusivo". Acento (in Spanish).
  14. ^ "ADN se asocia con Harvard y Bloomberg". elCaribe (in Spanish).
  15. ^ "Gregory Augustine Hanley: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Archived from the original on 2018-02-19. Retrieved 2018-02-21.
  16. ^ "Bonistas dispuestos a negociar". 9 April 2016. Archived from the original on 28 August 2016. Retrieved 8 August 2016.
  17. ^ "BrokerCheck - Find a broker, investment or financial advisor". brokercheck.finra.org. Archived from the original on 2018-02-18. Retrieved 2018-02-18.
  18. ^ Corrada.pdf "Julio Cabral Bio" (PDF). camarapr.org. {{cite web}}: Check |url= value (help)
  19. ^ Antonio Otero, Carlos. "Una mirada a la mayor quiebra municipal". El Vocero de Puerto Rico (in Spanish).
  20. ^ "Edición 18 de Febrero 2016". Archived from the original on 2016-10-13. Retrieved 2016-10-13.
  21. ^ ""La estrategia en Washington debe cambiar"". Sin Comillas. 2016-01-21. Archived from the original on 2020-04-21. Retrieved 2019-07-18.
  22. ^ "REDD Latin America High Yield & Distressed Winter Summit". www.reddintelligence.com. Archived from the original on 19 August 2016. Retrieved 21 August 2018.
  23. ^ "Economistas apuntan hacia la inversión" (PDF). camarapr.org. El Vocero. Archived (PDF) from the original on 2016-04-29. Retrieved 2018-02-22.
  24. ^ "El futuro de la deuda". 21 January 2016. Archived from the original on 28 August 2016. Retrieved 8 August 2016.
  25. ^ "INFORME ANUAL".
  26. ^ [1][dead link]
  27. ^ a b VOCERO, Carlos Antonio Otero, EL. "Gestión privada y empresarial que trasciende".{{cite web}}: CS1 maint: multiple names: authors list (link)
  28. ^ a b "Salen en misión humanitaria hacia Jayuya, Utuado y Cidra". 14 October 2017. Archived from the original on 25 February 2018. Retrieved 24 February 2018.
  29. ^ "#YoNoMeQuito Movement Aims To Inspire, Uplift Puerto Ricans". Archived from the original on 2019-03-16. Retrieved 2019-10-07.
  30. ^ "SOMOS isla". www.museoarteponce.org.
  31. ^ "Dicen "PResente"". www.magacin.com. Archived from the original on 2018-02-25. Retrieved 2018-02-24.
  32. ^ ""PResente" la gala del Museo de Arte de Ponce". 15 November 2017. Archived from the original on 25 February 2018. Retrieved 24 February 2018.
  33. ^ ""Do You Believe in Democracy and Equality?" - Puerto Rico Report". 21 May 2013. Archived from the original on 26 February 2018. Retrieved 24 February 2018.
  34. ^ estadistaunidos (29 October 2011). "Estadistas Unidos". Archived from the original on 8 December 2013. Retrieved 24 February 2018 – via YouTube.
  35. ^ "Puerto Rico Statehood Students Association - Proyecto Estrella". proyectoestrella.wordpress.com. Archived from the original on 2018-02-25. Retrieved 2018-02-24.
  36. ^ a b "Hijo de Fortuño asesorará estudiantes estadistas". Metro. Archived from the original on 2016-09-18. Retrieved 2016-08-08.
  37. ^ [2][dead link]
  38. ^ [3]