Chairman, Insignia Capital
Pedro Aspe is an economist and chairman of Insignia Capital. He is the former co-chairman of Evercore Partners, a global independent investment advisory firm based in New York City. In 2006, Evercore merged with the investment consulting and advisory firm Protego, headquartered in Mexico City. Mr. Aspe founded Protego in 1996 and currently serves as CEO.
Born in Mexico City, Mr. Aspe earned his doctorate in economics from the Massachusetts Institute of Technology and has served as chairman and professor of the economics department at the Instituto Tecnológico Autónomo de México (ITAM), from which he received his undergraduate degree. Mr. Aspe has held a number of high-level positions within the Mexican government, most notably as minister of finance and public credit from 1988 to 1994. During that time, he successfully renegotiated foreign debt and gave autonomy to the Central Bank. In addition, Mr. Aspe was the founding president of the National Institute of Statistics in Mexico and served as the country’s secretary of budget and secretary of the treasury.
Mr. Aspe has served on the investment committee and as chairman of the advisory board of the Mexican private equity fund Discovery Americas I.L.P. He has held numerous positions with the boards of public companies including multimedia corporation Televisa, and the McGraw Hill Companies including its subsidiary, Standard & Poors. In addition, Mr. Aspe has served on the Advisory Board of Stanford University’s Institute of International Studies, the Visiting Committee of the Department of Economics of the Massachusetts Institute of Technology, and the board of the Institute of the Americas.
Mr. Aspe was a member of the Carnegie Corporation of New York Board of Trustees from 2004 until 2012 and served on the Investment and Audit Committees.