Mauricio José Salgar Hurtado

Director/Board Member at GRUPO AVAL ACCIONES Y VALORES S.A.

54 year

Finance

Consumer Services

Energy Minerals

Profile

Mauricio José Salgar Hurtado has founded Despegar.com Corp.
in 2002.
He held the title of Manager during his time there from 2002 to 2003.
Currently, Mr. Salgar Hurtado holds several positions.
He is the Chairman at AI Inversiones Palo Alto SA since 2017.
He is also a Director at Baluma SA, AI Inversiones Palo Alto II SAC, Emerging Markets Private Equity Association, Sophos Solutions SAS, and GTM Holdings SA. Additionally, he is the Managing Director at Advent International Colombia SAS since 2012.
Furthermore, he is a Director at Grupo Aval Acciones y Valores SA starting in 2024.
In his former positions, Mr. Salgar Hurtado was the Chairman at Oleoducto Central SA and a Director at Enjoy SA and Alianza Fiduciaria SA. He also served as a Director at Petromagdalena Energy Corp.
from 2009 to 2010.
Prior to that, he was the Chief Operating Officer at Ecopetrol SA from 2003 to 2007.
He also held positions as Vice President at Martin S.
Kane PA and Sanford Management SA. Mr. Salgar Hurtado obtained an MBA from the Massachusetts Institute of Technology.
He also holds an undergraduate degree from Universidad de Los Andes.

Mauricio José Salgar Hurtado active positions

Companies	Position	Start
GRUPO AVAL ACCIONES Y VALORES S.A.	Director/Board Member	2024-02-29
AI Inversiones Palo Alto SA AI Inversiones Palo Alto SA Investment ManagersFinance AI Inversiones Palo Alto SA engages in the establishment, organization, acquisition, and management of companies. The firm specializes in making investments, acquisitions, maintenance, management, and transfers of shares or any other securities issued by local or foreign corporations. The company was founded on May 15, 2017 and is headquartered in Lima, Peru.	Chairman	2017-06-04
AI Inversiones Palo Alto II SAC AI Inversiones Palo Alto II SAC Information Technology ServicesTechnology Services AI Inversiones Palo Alto II SAC engages in the provision of information technology outsourcing services. Its solutions portfolio includes digital transformation services, internet of things, big data, artificial intelligence, machine learning, and robotic technologies. The company was founded in 1984 and is headquartered in Lima, Peru.	Director/Board Member	-
Sophos Solutions SAS Sophos Solutions SAS Miscellaneous Commercial ServicesCommercial Services Sophos Solutions SAS provides financial consulting services. The company is based in Bogota, CO. Sophos Solutions was acquired by Advent International Colombia SAS from Bolsa de Valores de Colombia SA on November 21, 2020 for $35.38 million. The Colombian company was founded in 2006. The CEO is Mauricio Mosseri Estrada.	Director/Board Member	-
Baluma SA Baluma SA Hotels/Resorts/Cruise linesConsumer Services Part of Caesars Entertainment, Inc., Baluma SA operates the Conrad Punta del Este Resort & Casino. The company is based in Punta del Este, Uruguay. Baluma was acquired by Enjoy SA from Hamlet Holdings LLC on May 16, 2017 for $189 million.	Director/Board Member	-
Emerging Markets Private Equity Association Emerging Markets Private Equity Association Miscellaneous Commercial ServicesCommercial Services Emerging Markets Private Equity Association operates as global industry association for private capital in emerging markets. It Researches, analyzes and disseminates authoritative global information on emerging markets private capital fundraising, investment and exits, covering industry trends, benchmarks, best practices and current market developments. The company was founded in 2004 and is headquartered in Washington, DC.	Director/Board Member	-
GTM Holdings SA GTM Holdings SA GTM Holdings SA engages in the provision of chemical distribution and logistics services. The firm holds a portfolio of more than 3.000 products for the agriculture, cosmetics, flexography, lubricants, oil and gas, paints and coatings, mining, and rubber industries. The company was founded on October 9, 1997 and is headquartered in Panama City, Panama.	Director/Board Member	-
Advent International Colombia SAS	Private Equity Investor	2011-12-31

All active positions of Mauricio José Salgar Hurtado

Former positions of Mauricio José Salgar Hurtado

Companies	Position	End
Petromagdalena Energy Corp. Petromagdalena Energy Corp. Oil & Gas ProductionEnergy Minerals Petromagdalena Energy Corp. operates as an oil and gas exploration and development company. Its properties include Llanos Basin, Catatumbo Basin, Putumayo Basin and Middle Magdalena Basin. The company was founded on May 3, 1966 and is headquartered in Toronto, Canada.	Director/Board Member	2010-06-21
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See the detail of Mauricio José Salgar Hurtado's experience

Training of Mauricio José Salgar Hurtado

Massachusetts Institute of Technology	Masters Business Admin
Universidad de Los Andes	Undergraduate Degree

Experiences
Positions held

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Private companies

See the detail of Mauricio José Salgar Hurtado's experience

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Linked companies

Listed companies	5
GRUPO AVAL ACCIONES Y VALORES S.A.	Finance
DESPEGAR.COM, CORP.	Consumer Services
ECOPETROL S.A.	Energy Minerals
ENJOY S.A.	Consumer Services
	Finance

Private companies	11
Baluma SA Baluma SA Hotels/Resorts/Cruise linesConsumer Services Part of Caesars Entertainment, Inc., Baluma SA operates the Conrad Punta del Este Resort & Casino. The company is based in Punta del Este, Uruguay. Baluma was acquired by Enjoy SA from Hamlet Holdings LLC on May 16, 2017 for $189 million.	Consumer Services
Oleoducto Central SA Oleoducto Central SA Oil & Gas PipelinesIndustrial Services Oleoducto Central SA engages in the design, construction, operation, and exploitation of an oil transportation system. The firm specializes in the management and maintenance of land-based and maritime petroleum pipeline infrastructures. The company was founded on December 14, 1994 and is headquartered in Bogota, Colombia.	Industrial Services
Petromagdalena Energy Corp. Petromagdalena Energy Corp. Oil & Gas ProductionEnergy Minerals Petromagdalena Energy Corp. operates as an oil and gas exploration and development company. Its properties include Llanos Basin, Catatumbo Basin, Putumayo Basin and Middle Magdalena Basin. The company was founded on May 3, 1966 and is headquartered in Toronto, Canada.	Energy Minerals
AI Inversiones Palo Alto II SAC AI Inversiones Palo Alto II SAC Information Technology ServicesTechnology Services AI Inversiones Palo Alto II SAC engages in the provision of information technology outsourcing services. Its solutions portfolio includes digital transformation services, internet of things, big data, artificial intelligence, machine learning, and robotic technologies. The company was founded in 1984 and is headquartered in Lima, Peru.	Technology Services
Emerging Markets Private Equity Association Emerging Markets Private Equity Association Miscellaneous Commercial ServicesCommercial Services Emerging Markets Private Equity Association operates as global industry association for private capital in emerging markets. It Researches, analyzes and disseminates authoritative global information on emerging markets private capital fundraising, investment and exits, covering industry trends, benchmarks, best practices and current market developments. The company was founded in 2004 and is headquartered in Washington, DC.	Commercial Services
Martin S. Kane PA Martin S. Kane PA Real Estate DevelopmentFinance Martin S. Kane PA engages in commercial real estate activities. It offers commercial real estate sales and leasing, auction sales, business brokerage and consulting. The company is headquartered in Bradenton, FL.	Finance
Sophos Solutions SAS Sophos Solutions SAS Miscellaneous Commercial ServicesCommercial Services Sophos Solutions SAS provides financial consulting services. The company is based in Bogota, CO. Sophos Solutions was acquired by Advent International Colombia SAS from Bolsa de Valores de Colombia SA on November 21, 2020 for $35.38 million. The Colombian company was founded in 2006. The CEO is Mauricio Mosseri Estrada.	Commercial Services
Alianza Fiduciaria SA Alianza Fiduciaria SA Investment Trusts/Mutual FundsMiscellaneous Alianza Fiduciaria SA is a holding company. It is engaged in the provision of fiduciary services and offering asset management and investment advisory on pension funds, private capital funds, real estate funds, and state-owned funds. The company was founded on November 11, 1986 and is headquartered in Bogotá, Colombia.	Miscellaneous
Advent International Colombia SAS	Finance
Sanford Management SA
GTM Holdings SA GTM Holdings SA GTM Holdings SA engages in the provision of chemical distribution and logistics services. The firm holds a portfolio of more than 3.000 products for the agriculture, cosmetics, flexography, lubricants, oil and gas, paints and coatings, mining, and rubber industries. The company was founded on October 9, 1997 and is headquartered in Panama City, Panama.

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