Biography

Luis Ignacio Solorzano is a Partner and Chief Executive Officer of Acamar Partners, an investment management firm that in 2019 raised a $305 million NASDAQ-listed SPAC through Acamar Partners Acquisition Corp and which subsequently merged with CarLotz Inc. Mr. Solorzano has more than 20 years of investment experience across various sectors and geographies. Mr. Solorzano has served on the boards of various public and private companies, including CarLotz, Dufry, Grupo Aeroportuario del Centro Norte, Aerodom, InverCap Holdings and Viakem.

Mr. Solorzano began his career with BankBoston Capital, where he spent 4 years making private equity investments and corporate loans across Latin America. In 2001, Mr.Solorzano joined Advent International becoming a Partner and Managing Director in 2008. He served as Chairman of the Latin America’s Investment Committee and during his tenure at Advent, Mr. Solorzano participated in various investments and management activities encompassing various of Advent’s private equity funds. He was a key executive involved in the raising of three funds for a cumulative c. $5 billion, and he played a leading role in 15 investment transactions in various sectors, including retail and consumer, financial services, industrials, information technology and infrastructure. Mr Solorzano also played a significant role in supporting portfolio companies in the design and implementation of various strategic, operating and financial value creation initiatives.

Mr.Solorzano’s investment experience covers both the Americas and Europe. One of these investments was Advent’s acquisition of a majority stake in Dufry. Mr. Solorzano co-led this transaction and played a significant role in the execution of Dufry’s operating plan, Dufry’s IPO process, and the negotiation, execution and integration of several add-on acquisitions made by Dufry in various geographies. Mr. Solorzano graduated with a degree in Economics (cum laude) from the Instituto Tecnologico Autonomo de Mexico (ITAM) and an MBA from Harvard Business School.