Our team combines world class expertise in investment management, water sector planning, and environmental
law. We are uniquely qualified to select and manage projects that are profitable, and robust in light of demand
fluctuations, climate change and other uncertainties.
President and CEO
Mr. Elejalde is a Founding Partner of Latin America Enterprise Fund Managers (LAEFM), and the President of its Colombian subsidiary. He has extensive experience as a development and investment banker, and as a private equity investor. Under his leadership LAEFM has raised US $783 million of committed resources in six private equity funds, three of which (Colombian) were sold in 2014 with IRRs of over 25%. Prior to LAEFM, Mr. Elejalde worked as a Wall St. investment banker for 12 years, overseeing corporate restructuring projects, mergers and acquisitions, and a corporate finance division for Latin America. Mr. Elejalde was managing director of Samuel Montagu, senior merchant banker of Bankers Trust Company and senior vice-president of Shearson Lehman Brothers. He also spent 10 years working at the World Bank, as division chief in his last position. He has shepherded over 150 corporate financial transactions in 35 countries. Mr. Elejalde earned his BS in Chemical Engineering from MIT, and has an MBA from Columbia University in NYC. He is a 2015 Fellow of Harvard University´s Advanced Leadership Initiative.
Chairman of the Board
Leonard A. Miller is a 2015 Advanced Leadership Fellow at the Harvard Advanced Leadership Initiative. He is also Senior Counsel to the international law firm Sullivan & Worcester and Senior Advisor to Dawson & Associates, a consulting firm providing assistance on U.S. water issues. Mr. Miller was a founding partner and head of theenvironmental group of Swidler Berlin law firm, where he spent 24 years. He was also the Managing Partner of the DC office of a Wall Street law firm. He has consistently been ranked as one of the leading environmental lawyers in the U.S. Mr. Miller was one of the founding members of the United States Environmental Protection Agency (US EPA), where,among other things, he developed the U.S. nationalwater discharge elimination permit system andheaded the U.S. water enforcement program. Mr.Miller was a charter member of the U.S. SeniorExecutive Service, received a Commendation Medalfrom the U.S. Public Health Service and aDistinguished Career Award from the U.S. EPA , andhas written two books on the Clean Water Act. Mr.Miller has a BA from Brandeis University and a JD from the Harvard Law School.
Dr. Ken Strzepek
Dr. Strzepek has spent 30 years as a water resource management planner. He is currently Professor Emeritus
of Civil Engineering at the University of Colorado, and a senior researcher at MIT’s Joint Program. His work
includes operations research, combined with environmental and engineering economics applied to specific projects as well as global investment policy. He has worked for national governments, the UN, the World
Bank, and USAID. He has been a contributing author to the Second IPCC assessment, the Millennium Ecosystem Assessment, the World Water Vision, and the UN World Water Development Report. Prof. Strzepek has a B.S. in Civil Engineering from MIT, a PhD in Water Resources Systems Analysis from MIT, and an MA in Economics from the Univ. of Colorado. Ken was also one of the lead authors of the 2007 Nobel Peace Prize winning IPCC.
Vice President and Secretary
Richard Swanson is a small business strategist and energy/water consultant in the international development space. Through the consulting practice he co-founded (GLS Network), Richard specialized in water-related infrastructure analytics and project-finance decision making - especially considering climate risks. Consulting engagements include work with the World Bank, the United Nations, the U.S. Environmental Protection Agency, Africa Development Bank, and Industrial Economics, Inc. He also has extensive experience in non-profit management, most recently running an organization that finances dynamic small enterprises, primarily agribusinesses, in Africa and Central Asia. Richard is a partner at Civil Investments, Inc. where he performs research and analysis on candidate projects by accomplishing initial project vetting, and making investment recommendations. He also oversees back office responsibilities and serves on the investment committee. Richard received his bachelor’s degree in economics from the University of Colorado, and master’s degree from Tufts University’s Fletcher School of Law and Diplomacy. He is currently a PhD candidate in Civil Systems (Colorado), developing risk analysis tools to evaluate investment returns for infrastructure projects under uncertain futures. He lives in the Boston area.