Marx L. Cazenave

Mr. Cazenave served as an operating partner in Nile Capital Group LLC and is President and Chief Executive Officer of Progress Investment Management in San Francisco, a firm specializing in structuring and managing multiple manager investment funds featuring emerging investment managers.
The firm now includes a wide range of niche, specialist and traditionally overlooked managers, as well as minority and woman-owned firms.
The firm is responsible for managing over $3 billion in assets.
Progress was acquired by Liberty Financial Companies (LFC), Inc. in August 1998 and is now a wholly owned LFC subsidiary.
Before he started Progress, Mr. Cazenave ran a successful consulting firm specializing in government relations and the financing of small businesses.
He also served as Regional Administrator of the Small Business Administration (SBA).
At the state level, he was appointed Director of Business Development for the State of California, and he also served as Director of Business and Economic Research for the California State Assembly.
Earlier in his career, Mr. Cazenave started and managed the first NYSE-member firm in the western U.S.
to be located in a minority community.