Chief Executive Officer
Mr. Monroy began working at Macquarie in 2012 and has 18 years of real estate investment and development experience. Prior to joining Macquarie, Mr. Monroy was a partner in real estate investment platforms focused on residential and retail real estate development, primarily in Mexico City.
Mr. Monroy is a former director of acquisitions at Acadia Realty Trust, a real estate investment trust focused on the ownership, acquisition, development and management of real estate properties. Previously, Mr. Monroy was vice president of international operations at Loews Cineplex Entertainment. Mr. Monroy has also served as a private equity professional at Onex Investment Corp. Both at Onex Investment Corp. and Loews Cineplex Entertainment, Mr. Monroy was involved in several mergers and acquisitions and real estate transactions in North America, Europe and Asia. Mr. Monroy received his BA in Business and Finance from the Instituto Tecnológico de Estudios Superiores de Monterrey (ITESM) where he graduated with honors. He received his MBA from NYU Stern Business School and completed the Real Estate Management Program at Harvard Business School. Mr. Monroy has also served as a Professor at ITESM.
Chief Financial Officer
Mr. Hanna has served as the chief financial officer of FIBRA Macquarie since July 2013. Prior to this appointment, he was the chief financial officer of the Macquarie Russia & CIS Infrastructure Fund since March 2010. Before that, he was served as head of the Macquarie European Infrastructure Fund Finance operations in London from 2004 to 2010.
Mr. Hanna joined Macquarie Group in its Sydney office in 1999, where he supported the Corporate Asset Finance division, a business focusing on leasing and lending activities. Mr. Hanna holds a Bachelor of Commerce from the University of New South Wales and is a qualified member of the Institute of Chartered Accountants (Australia).
Mr. Ajzen is the legal director for Macquarie Infrastructure and Real Assets’ Mexican funds. Mr. Ajzen joined Macquarie Group in 2015 and has served as legal director of FIBRA Macquarie since 2016.
Mr. Ajzen is a lawyer with 10 years’ experience across a broad spectrum of Latin American capital markets and financing transactions; infrastructure, real estate and private equity fund establishment and governance; and local and cross-border merger and acquisition activity. Prior to joining Macquarie, Mr. Ajzen was an Associate with Davis Polk & Wardwell LLP in New York and London. Mr. Ajzen earned his Bachelor of Arts and Juris Doctor (J.D.) from Stanford University and Stanford Law School, respectively.
Mr. Banks is an executive director of Macquarie and is Global Head of Macquarie Infrastructure and Real Assets Real Estate, which manages real estate funds, associated investments and active real estate projects across Australia, Asia, Europe and the Americas.
Mr. Banks is a member of the Macquarie Infrastructure and Real Assets Australian Executive Committee and is also Head of the Real Estate Banking business within Macquarie Group that manages principal projects and investments located in Australia. Mr. Banks joined Macquarie in November 2001 as an executive director within the Real Estate Group and has led various business divisions during a period of global expansion for Macquarie. Previously, Mr. Banks was chief executive officer for the real estate businesses in the United States, Asia and Australia of Lend Lease Corporation. Mr. Banks holds a Bachelor of Architecture (Hons) from Melbourne University.
Mr. Conway is based in New York and is Head of Macquarie Infrastructure and Real Assets Americas and sits on the Macquarie Infrastructure and Real Assets Americas Executive Committee. He has over 19 years’ experience in infrastructure and has worked in markets around the world including Australia, Europe and North America.
Mr. Conway has led numerous transactions across the water, energy, storage and renewable energy sectors. Mr. Conway began his career with Macquarie in 1997 and has worked in advisory, project finance, structured finance and infrastructure funds management. In 2001, Mr. Conway moved to the U.K., where he was instrumental in the establishment of Macquarie’s first European infrastructure fund, MEIF1. Mr. Conway subsequently established Macquarie Capital Advisory’s European Utilities and Energy team and thereafter became Head of Macquarie Capital Europe. Mr. Conway moved to Macquarie Infrastructure and Real Assets’ New York offices in 2012. He holds a Bachelor of Engineering with First Class Honors and a Bachelor of Commerce in Finance & Management from University of Western Australia.
Jonathan Davis Arzac
Mr. Davis is the executive chairman of Macquarie Mexican Infrastructure Fund. Through this role, Mr. Davis has extensive experience and relationships with private and public sector companies in Mexico, which constitute enhancing deal-sourcing and investment opportunities.
Mr. Davis joined Macquarie in 2009. Mr. Davis worked previously as executive director for Mexico and the Dominican Republic at the Inter-American Development Bank (IDB), as President of the CNBV (The Mexican Banking and Securities Commission), as Director General of Public Credit at the Ministry of Finance and Public Debt and as Treasurer of Mexico at the Ministry of Finance and Public Debt. Mr. Davis also serves on the board of Corporacion Actinver, and was appointed a financial expert to the audit committee of Vitro. Mr. Davis earned his Undergraduate Degree in Economics from the National Autonomous University of Mexico (UNAM), where he graduated with honors, also earned a Masters Degree in Development Economics at the University of Sussex in The United Kingdom.
Mr. O’Neil leads Macquarie Infrastructure and Real Assets’ Real Estate business in the Americas and joined Macquarie in 2007. Prior to taking up this position, Mr. O’Neil led Macquarie Infrastructure and Real Assets’ business in Mexico and Macquarie Infrastructure and Real Assets’ expansion in Latin America across infrastructure and real estate.
He led the establishment of Macquarie Infrastructure and Real Assets’ first fund in Latin America, Macquarie Mexican Infrastructure Fund in 2009, and also the establishment of our fund, one of Mexico’s first listed REITs, in 2012. Mr. O’Neil serves on the boards of a number of Macquarie Infrastructure and Real Assets portfolio companies. Through these and previous roles, he has extensive alternative asset fund management experience including formation, investment and asset management. Mr. O’Neil holds both a Bachelor of Arts and Bachelor of Laws from Bond University, Australia.
In addition to holding the position of CEO, Mr. Monroy also serves as chairman of FIBRA Macquarie’s Technical Committee. He is the only non-independent member of the Committee.
Dr. Álvaro de Garay
Dr. de Garay has held executive positions in numerous Mexican companies and organizations, such as: Regional Risk and Compliance Director in the Asset Management Division of Citigroup, Latin America; Executive Director of Credit Analysis and Strategic Planning at GBM-Atlántico Financial Group; Deputy Director of Economic Studies at Citibank México and Planning Manager at Teléfonos de México.
Dr. de Garay is a former independent board member of the Royal Bank of Scotland (México) and independent board member of HJB Química Internacional. Dr. de Garay was formerly the Director of EGADE Business School, the graduate business school of Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM) in Mexico City.
Dr. de Garay specializes in economics, corporate governance and risk management and holds a Ph. D. in Regional Development from The University of Aston in Birmingham, U.K.
Juan Antonio Salazar
Mr. Salazar worked for Ford Mexico for 35 years, where he retired as Vice President of Finance and Governmental Affairs. His experience at Ford includes acting as a member of Ford Motor Company's Corporate Executive Roll, Vice President of Ford Mexico's board of directors and as its nominee director on the boards of twelve companies, including affiliates of Visa, Vitro, Nafinsa, Visteon and New Holland.
Mr. Salazar has extensive international experience in NAFTA countries, as well as in Latin America and the Asia-Pacific region. He played a key leadership role in the development of Mexico’s automotive policy and automotive free trade agreements with the U.S. and Canada (NAFTA) and with the European Union. He was a member, representative and leader of the Mexican Automotive Industry Association (AMIA). Since his retirement from Ford, Mr. Salazar has served as an advisor to several companies including Ford Mexico, Pilgrim´s Pride in Mexico and Metalsa.
Mr. Salazar holds a degree in Finance and Accounting from St. Mary´s University of San Antonio, Texas and has completed post-graduate work at Harvard Business School.
Luis Alberto Aziz
Mr. Aziz is a founding partner of Aziz & Kaye Abogados, S.C. and was a founding partner of SAI Derecho & Economía, remaining in the firm for 19 years. During this time, he was dedicated to advising Mexican and multinational companies in the design and negotiation of various business transactions.
He was also part of the legal team during the negotiation of the North American Free Trade Agreement and founded the Mexican Arbitration Center (CAM). His areas of expertise are: Mergers and Acquisitions, Economic Competition, and Corporate Law. In his career, he has developed extensive expertise in business law, including corporate work and M&A Issues. In terms of Economic Competition, he has advised leading companies in the notification of global and domestic mergers, and in the defense of companies under investigations initiated for alleged antitrust practices in various sectors. He graduated with honors from the Universidad Nacional Autónoma de México (UNAM), and earned his Master’s degrees in International Law and European Community Law at the University of Georgetown and the Collège d’Europe, respectively. He currently teaches Economic Competition courses in various universities in Mexico, and serves on the board of directors of several national and foreign companies. Luis Alberto has been recognized by Chambers magazine, Legal 500 and Latin Lawyers as one of the best lawyers in Economic Competition and Arbitration in Mexico.
In his pro bono work, for over 15 years he has been part of the board of JUCONI Foundation, an organization working with preventing family violence in Mexico and the world.
Jaime de la Garza
Mr. de la Garza worked for Corporate Properties of the Americas (CPA) from 2003 to 2015, a period during which CPA grew from 2m sqft of GLA to 33m sqft of GLA, becoming one of the largest developers and operators of industrial real estate in Mexico.
He joined CPA in 2003 as CFO and became President and CEO in 2013. As CFO of CPA, Mr. de la Garza raised more than US$1.5bn in financing and managed US$1.0bn of equity commitments. Prior to CPA, Mr. de la Garza’s broad experience includes working for Bechtel as Finance Director for Latin America, for the International Finance Corporation (IFC) as Investment Officer, and for Schlumberger as Operations Manager. He has also served as Independent Consultant to institutions such as the North American Development Bank, Hewlett Packard and Alterra Partners, and currently serves on a number of company boards.
Mr. de la Garza holds a B.Sc. in Mechanical and Electrical Engineering from I.T.E.S.M. (graduated with honors) and an MBA from INSEAD.
Michael Brennan is a Co-Founder, Chairman, and Managing Principal of Brennan Investment Group. Mr. Brennan has orchestrated more than $14 billion in industrial real estate transactions in the course of his 33-year career.
Prior to forming Brennan Investment Group, Mr. Brennan co-founded First Industrial Realty Trust (NYSE: FR) in 1994, and served as President, Chief Executive Officer and a member of the Board of Directors until late 2008.
Before co-founding First Industrial, Mr. Brennan was a President and Partner in The Shidler Group, a nationally prominent US real estate firm. He was a founding investor of Tri-Net Property Trust and Co-Founder and member of the Board of Directors for Pacific Office Properties (AMEX: PCE), an office REIT.
He began his industrial real estate career in 1984, as an Investment Specialist with CB Commercial. Mr. Brennan earned his Bachelor’s degree in Finance from the University of Notre Dame in 1979.
Mr. Brennan currently serves as Executive Director of the University of Wisconsin’s James A. Graaskamp Center for Real Estate. Under his direction, The Guide to Classifying Industrial Property Types was written, the rights for which were later acquired by the Urban Land Institute (ULI).
Composition of sub-committees of the Technical Committee:
|Member||Technical Committee||Audit & Practices Committee||Indebtedness Committee||Ethics & Governance Committee|
|Juan Antonio Salazar||Independent Member||Independent Member||Independent Member|
|Luis Alberto Aziz||Independent Member||Independent Member||Chairperson|
|Dr. Álvaro de Garay||Independent Member||Chairperson||Independent Member|
|Jaime de la Garza||Independent Member||Chairperson||Independent Member|
|Michael Brennan||Independent Member||Independent Member|