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About

Focused. Visionary. Driven


 
 
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Alberto Bacó Bagué is an attorney, CPA, and entrepreneur, with a successful career in company turnarounds, restructuring and senior management, in both public and private sectors.

He is held in high regard for being a natural connector between influencers and opportunities; a business catalyst, developer, board member, private equity fund manager, and most recently an economic development educator/promotor. He has also been recognized for his public speaking skills, which have permitted him to participate in important business forums around the world.


Alberto Bacó Bagué

At a very early age Alberto started working at his family’s furniture manufacturing business, where he learned firsthand the importance of adaptation. Companies must adjust and modify to global changes and competitive shifts. He is a firm believer that no company should disappear, just transform.

After graduating Magna Cum Laude with a Bachelor Degree in Business Administration from the University of Puerto Rico, he then acquired a CPA license and finished a Juris Doctor degree, ranking 4th out of 510 students to be licensed. A combination that has proven key to handle all business aspects. Since then Bacó has held several positions in law firms, international accounting firms, and top level policy making government agencies.

Experiences throughout his career have led him to develop a competitive edge, where he is quick to define a project’s path to success by creating unique solutions. Leadership positions, as President of the Economic Development Bank, CEO of Marvel and Bohío International, and Board seats in W Holdings, Assurant P.R., the Government Development Bank, among others, have diversified his experience allowing him to measure risk, act as mediator, as well as providing vision and guidance for execution and negotiation. During his career, Bacó Bagué has distinguished himself as an active supporter of the development of the venture capital and private equity industry in Puerto Rico; an endeavor he will pursue for the rest of his career life.

He is an active member of the YPO international organization, a forum that has granted him the opportunity to develop strong leadership skills. At a local level, Bacó has held all head positions, including Chapter Chairman.

In 2013 he was appointed Secretary of Economic Development and Commerce by the Governor of Puerto Rico, and in 2016, he also assumed responsibilities as Chairman and President of the Government Development Bank for Puerto Rico. Positions he held with great responsibility and success even during one of the most challenging times in Puerto Rico’s history. Under his guidance, Puerto Rico’s economy embarked a journey into a second grand economic transformation, where knowledge and service impact and strengthen all industries, both traditional and emerging ones.

Currently he directs a think-and-do tank named Partnership for Modern Puerto Rico and is Partner and Managing Director of RE Capital Funds. Bacó also participates in important boards of directors and advises selected clients.

Alberto Bacó Bagué is married to Beatriz Sánchez and together have three children.